Navigating the Rising Tide of Uncertainty
23rd Annual Global CEO Survey
What a difference two years can make. In 2018, PwC’s Annual Global CEO Survey revealed a record level of optimism regarding global economic growth. This year, as CEOs look ahead to 2020, we see a record level of pessimism. For the first time, more than half of the CEOs we surveyed believe the rate of global GDP growth will decline. This caution has translated into low CEO confidence in their own organisations’ outlook. Only 27 percent of CEOs are ‘very confident’ in their prospects for revenue growth in 2020, a level not seen since 2009.
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