Perception doesn’t always match reality. These insights reveal how risk perceptions are evolving, and where resilience strategies may need to catch up.
In 2025, global executives overestimated political risk, widening the gap between expectation and outcome. Meanwhile, concern over war and terrorism has steadily grown since 2021, but it remains the least pressing of the four key risks.
Economic uncertainty was underestimated for the first time since 2022, while inflation emerged as the top concern - one that leaders expect to remain elevated into 2026.
The statistics in these charts are drawn from our annual Risk & Resilience Surveys, conducted since 2021. Initially focused on UK and US respondents, the survey expanded in 2022 to include Canada and Singapore, and in 2024 added France, Germany, and Spain. This year’s survey, conducted between 06.01.25 and 20.01.25, used the same sample base as 2024.