The Global Risks Report 2026, the 21st edition of this annual report, marks the second half of a turbulent decade. The report analyses global risks through three timeframes to support decision-makers in balancing current crises and longer-term priorities. Chapter 1 presents the findings of this year’s Global Risks Perception Survey (GRPS), which captures insights from over 1,300 experts ...

Understanding the Context

2025 has been marked by significant global shifts, including increased geopolitical instability, the accelerating impact of AI and a changing labour market. In charts: 7 global shifts defining 2025 so far | World Economic Forum The Global Risks Report 2025 analyses global risks to support decision-makers in balancing current crises and longer-term priorities. Small businesses can unlock global trade with better data, finance, and digital tools—driving inclusive growth despite persistent barriers. How small businesses can navigate global trade in an era of polycrisis A new report, Building Geopolitical Muscle, examines how global firms are institutionalizing geopolitics as an organizational capability and embedding it in decision-making.

Key Insights

The analysis identifies five building blocks that together define geopolitical muscle. In response to the importance and rapid evolution of this function, the Forum launched its Chief Geopolitical Executives Community. Global supply chains face rising geopolitical fragmentation and economic divergence, driving four plausible outlooks, from multilateral cooperation to full degradation.