Global Confidence Index

News release: Global Experts Poll: Economic Confidence Highest in Four Quarters

Global Experts Poll: Economic Confidence Highest in Four Quarters

Confidence in the state of the global economy has reached its highest level since the World Economic Forum began its Global Confidence Index four quarters ago. One third of global experts from business, government and civil society say they are confident or very confident in the state of the economy over the coming 12 months, up from 13% of respondents in the previous quarter.

Fear of a major economic disruption also decreased this quarter. The number of respondents worried about this dropped from 63% in the previous quarter to 46%.

However, the perceived likelihood of a major geopolitical disruption remains high: 57% of respondents still think it is likely or very likely in the next 12 months, while only 15% are not worried about it. Business is especially concerned, with 65% saying a geopolitical disruption is likely or very likely, compared with only 39% of respondents from government.

Over 1,200 global experts from the public and private sectors were sent the survey for the Global Confidence Index – a joint initiative of the World Economic Forum’s Risk Response Network and  Global Agenda Councils.

For more information on the Global Confidence Index, please contact rrn@weforum.org.