Full report
Published: 11 January 2023

Global Risks Report 2023

Overview of Methodology

The Global Risks Perception Survey (GRPS) has underpinned the Global Risks Report for nearly two decades and is the World Economic Forum’s premier source of original global risks data. This year’s GRPS has brought together leading insights on the evolving global risks landscape from over 1,200 experts across academia, business, government, the international community and civil society. Responses for the GRPS 2022-2023 were collected from 7 September to 5 October 2022.

“Global risk” is defined as the possibility of the occurrence of an event or condition which, if it occurs, would negatively impact a significant proportion of global GDP, population or natural resources. The GRPS 2022-2023 included the following components:

Outlook invited respondents to predict global volatility to provide context to the evolution of the global risks landscape.

Severity assessed the perceived likely impact of global risks over a one-, two- and 10-year horizon, to illustrate the potential development of individual global risks over time.

Consequences asked respondents to consider potential impacts of a risk arising, to highlight relationships between global risks and the potential for compounding crises.

Risk preparedness and governance invited respondents to assess the current effectiveness of the management of global risks and reflect on which stakeholders are best placed to effectively manage them, to elicit opportunities for global action and collaboration.

Qualitative questions on risks sourced expert knowledge to identify new and emerging risks.

Refer to Appendix A: Technical Notes: Global Risks Perception Survey 2022-2023 for more detail, including relevant definitions for each of the 32 global risks.

To complement GRPS data on global risks, the report also draws on the World Economic Forum’s Executive Opinion Survey (EOS) to identify risks that pose the most severe threat to each country over the next two years, as identified by over 12,000 business leaders in 121 economies. When considered in context with the GRPS, this data provides insight into local concerns and priorities and points to potential “hot spots” and regional manifestations of global risks. Refer to Appendix B: Executive Opinion Survey: National Risk Perceptions for more detail.

Finally, the report integrates the views of leading experts to generate foresight and to support analysis of the survey data. The Global Risks Report harnesses contributions from over 40 colleagues across the World Economic Forum’s platforms. Qualitative insights were also collected from over 50 experts from across academia, business, government, the international community and civil society through community meetings, private interviews and thematic workshops conducted from July to November 2022. These include the Global Risks Advisory Board and the Chief Risks Officers Community. Refer to Contributors for more detail.

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