Quick Bites | Key Global Risks in 2024

With the new year underway, it is a time when economists and analysts provide their predictions for the year ahead.

The World Economic Forum conducted a survey of 1,490 leaders on the top global risks for 2024 and their associated potential scale of impact. According to the survey results, the key risks are characterised by record global temperatures, causing increasingly harmful impacts. A cost-of-living crisis is affecting people worldwide, and escalating tensions in the Middle East carry the potential for broader regional conflict. Additionally, 2024 is anticipated to be the world’s largest election year ever, with 4 billion people voting across 60 countries.

Source: Visual Capitalist 


Looking further into the future, leaders surveyed believe that by 2034 environmental risks pose the greatest concern, dominating five out of the top 10 risks by scale of impact.

Source: The World Economic Forum Global Risks Report 2024, Visual Capitalist 


Overall, the future is likely to be shaped by key structural forces including technological acceleration, climate change, shifts in geopolitical power, and an expanding demographic divide, all of which will contribute to influencing global growth and risks.

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