Page 2 - WEF Reoprt 2020
P. 2

The Global Risks Landscape 2020




                    2020      Climate action   Biodiversity loss  Human-made   environmental   2020  Climate action   Weapons of   Biodiversity loss  Water crises
                      Extreme   weather  failure  Natural   disasters  disasters  failure  mass   destruction  Extreme   weather       4.0                                                                   C Climate actionaction n
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                                                                                                                                                                                                              l Climate
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                    2019      Climate action       Cyberattacks  2019  Weapons of   Climate action   Water crises                             W W Weapons of massmass s
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                      Extreme   weather  failure  Natural   disasters  Data fraud   or theft   mass   destruction  failure  Extreme   weather    Natural   disasters                                B Biodiversity loss s
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                                                                                                                                                                                                     i Biodiversity
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                                                                                                                                                                                           W a ater r  c r i s e s    E Extreme weatherweather r
                                                                                                                                                                                           W Water crisescrises
                    2018             Cyberattacks  Climate action   2018               Climate action   Water crises                                                           I Information n             Natural l  disasters s
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                                                                                                                                                                                                           N Natural disasters
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                      Extreme   weather   Natural   disasters  Data fraud   or theft  failure  Weapons of   mass   destruction  Extreme   weather   Natural   disasters  failure  i infrastructure e  Cyberattacks s
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                                                                                                                                                                                           C Cyberattacks
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                                                                                                                                                                                r breakdown
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                                                                                                                                                                                                       H Human-made
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                                                                                                                                                           I Infectious diseases s                     Human-made e
                                                                                                                                                           n Infectious
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                                                                                                                                                                                                       e environmental disaster r
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                    2017                                      2017              Water crises  Climate action                                                                        I Interstate e  G Global governancenance e
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                                                                                                                                                                                               l Global
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                      Extreme   weather   Involuntary   migration  Natural   disasters  Terrorist   attacks  Data fraud   or theft  Weapons of   mass   destruction  Extreme   weather   Natural   disasters  failure  Food d  c r i s e s  conflict t  f failure e
                                                                                                                                                                                    n Interstate
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                                                                                                                                                                                     c conflict
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                                                                                                                                                                     F Food crisescrises
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                                                                                                                                                              Financial
                                                                                                                                    3.47                      F Financial failure e e  i s c a l  c r i s e s  v o l u n t a r y  m i g r a t i o n
                                                                                                                                                                  failur
                                                                                                                                    average
                                                                                                                                                                                          n Involuntary
                                                                                                                                                                           F Fiscal crisescrises
                      Involuntary   migration  Extreme   weather  failure  Interstate  conflict   Natural   catastrophes   failure  Weapons of   mass   destruction  Water crises  Involuntary   migration  Energy price   shock  T echnological  Unemployment n t  S Social instabilityinstability y  A Asset bubblebubbles
                    2016             Climate action           2016  Climate action                                                                                         Fiscal  2.5    I Involuntary migrationmigration  Data a  f fraud d  o or r  t h e f t
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                                                                                                                                                                                                      D Data fraud or thefttheft
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                                                                                                                                                                      U Unemployment
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                                                                                                                                                               C Critical infrastructure
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                                                                                                                                                                   infrastructur
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                                                                                                                                                                      f failure e e e  N National a l n c e
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                                                                                                                                                                                     g governance
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                    2015                    State collapse   Unemployment  2015               Climate action                                          T T Terrorist attacks s  S State collapsecollapse e  Adverse e  t e c h n o l o g i c a l
                      Interstate   conflict  Extreme   weather  Failure of   national  governance  or crisis  Water crises  Infectious   diseases  Weapons of   mass  destruction  Interstate   conflict  failure  Societal  a advances s
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                                                                                                                                                                            A Adverse technologicaltechnological
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                                                                                                                                                          E Energy price shock k
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                    2014             Unemployment   Climate action   Cyberattacks   2014  Fiscal crises  Climate action   Water crises   Unemployment   Infrastructure  breakdown  U Unmanageable inflationinflation n
                      Income   disparity  Extreme   weather  failure      failure                       Geopolitical                   3.0
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                                                                                                                                               Unmanageable
                                                                                                                                                                             Failure of
                      Income disparity                                                                                                                                     urban planning
                    2013      Fiscal   imbalances  Greenhouse   gas emissions  Water crises  Population   ageing  2013  Financial failure  Water crises  Fiscal  imbalances  Weapons of   mass  destruction   Climate action   failure Note: Global risks may not be strictly comparable across years, as definitions and the set of global risks have evolved with new issues emerging on the 10-year horizon. For example, cyberattacks, income disparity and unemployment entered the set
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                      Income disparity   Greenhouse gas          Financial failure                      Environmental                           2.5                  3.0          3.31    3.5                   4.0       plotted
                    2012      Fiscal   imbalances  emissions  Cyberattacks  Water crises  2012  Water crises   Food crises  Fiscal  imbalances  Energy  price volatility   Likelihood  average                    5.0     area
                      Storms and   cyclones   Flooding  Corruption  Fiscal crises  Geopolitical   conflict   Asset price   collapse  Energy  Economic  Likelihood            Top 10 risks in terms of             1.0        5.0
                    2011                    Biodiversity loss  Climate change   2011  Climate change   price volatility
                                                                                                                                        Top 10 risks in terms of
                                                                                                                                                                             Impact
             Figure I: The Evolving Risks Landscape, 2007–2020
                      Asset price   collapse  slowdown  Chronic   disease  Fiscal crises  Global   governance  gaps   Asset price   collapse  (developed)  Chronic   disease  Fiscal crises  2  Climate action failure  2  Weapons of mass destruction  Economic
                    2010      China economic                  2010       Deglobalization   Oil price spikes   Some global risks have been reclassified: water crises and income disparity were recategorized as societal risks in the 2015 and 2014 Global Risks Reports, respectively.  1  Extreme weather  1  Climate action failure  Categories
                                                                                                                                         3 4 5 6  Natural disasters           3 4 5 6  Biodiversity loss              Environmental
                              China economic
                                                                         Deglobalization
                                                                                                                                            Biodiversity loss
                                                   Deglobalization
                                                                                                                                                                                 Extreme weather
                                             governance
                                                                                              Fiscal crises
                                                                                Oil and gas
                                                                 Asset price
                      Asset price
                                                                          (developed)
                                                                                 price spike
                                                    (emerging)
                    2009
                                                              2009
                               slowdown
                 Top 5 Global Risks in Terms of Likelihood  2008  2007  Blow up in  Infrastructure   asset prices  breakdown  1st  Middle East   Chronic   instability  diseases  2nd  Failed and  Oil price shock  failing states  3rd  Oil price shock  China hard   landing  4th  Chronic   Blow up in   diseases  asset prices  5th  Top 5 Global Risks in Terms of Impact  2008  2007  Blow up in   Blow up in   asset prices  asset prices  1st  Deglobalization  Deglobalization  (de
                                                                                                                                                                                 Water crises
                                                                                                                                            Human-made environmental disasters
                                      diseases
                                                                                        diseases
                                     Chronic
                        collapse
                                                                                       Chronic
                                                                   collapse
                                            Global
                                              gaps
                                                                                                                                                                                                                      Geopolitical
                                                                                                                                            Data fraud or theft
                                                                                                                                                                                 Information infrastructure breakdown
                                                                                                                                                                                 Cyberattacks
                                                                                                                                            Water crises
                                                                                                                                            Global governance failure
                                                                                                                                                                                 Human-made environmental disasters
                                                                                                                                                                                                                      Technological
                                                                                                                                            Asset bubbles
                                                                                                                                                                                 Infectious diseases
                                                                                                                                                                              Note: Survey respondents were asked to assess the likelihood of the individual global risk on a scale of 1 to 5, 1
                                                                                                                                         Source: World Economic Forum Global Risks
                                                                                                                                                                              representing a risk that is very unlikely to happen and 5 a risk that is very likely to occur. They also assess the impact
                                                                                                                                         Perception Survey 2019–2020.
                                                                                                                                                                              on each global risk on a scale of 1 to 5 (1: minimal impact, 2: minor impact, 3: moderate impact, 4: severe impact and
                                                                                                                                                                              5: catastrophic impact). See Appendix B for more details. To ensure legibility, the names of the global risks are
                                                                                                                                                                              abbreviated; see Appendix A for the full name and description.
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