Extreme weather and pollution are also listed among the short-term risks, with the latter reflecting a growing recognition of the serious health and ecosystem impacts of a wide range of pollutants across air, water and land.
While all 33 risks in the ranking are expected to worsen in severity from the two-year to the 10-year time horizon, environmental threats present the most significant deterioration.
"From conflicts to climate change, we are facing interconnected crises that demand coordinated, collective action," said WEF’s head of global risks initiative Mark Elsner. “Renewed efforts to rebuild trust and foster cooperation are urgently needed. The consequences of inaction could be felt for generations to come."
The top 10 short-term and long-term risks are shown below: