WEF-Global Risks Report 2024

January 10, 2024--Global growth is projected to be in line with the April 2024 World Economic Outlook (WEO) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025.
The Global Risks Report, developed in collaboration with Marsh McLennan and Zurich Insurance Group, explores some of the most severe risks we may face over the next decade, against a backdrop of rapid technological change, economic uncertainty, a warming planet and conflict.

As cooperation comes under pressure, weakened economies and societies may only require the smallest shock to edge past the tipping point of resilience.

A deteriorating global outlook

Looking back at the events of 2023, plenty of developments captured the attention of people around the world-while others received minimal scrutiny. Vulnerable populations grappled with lethal conflicts, from Sudan to Gaza and Israel, alongside record-breaking heat conditions, drought, wildfires and flooding. Societal discontent was palpable in many countries, with news cycles dominated by polarization, violent protests, riots and strikes.

Although globally destabilizing consequences - such as those seen at the initial outbreak of the Russia-Ukraine war or the COVID-19 pandemic- were largely avoided, the longer-term outlook for these developments could bring further global shocks.