Armed conflict is the top risk in 2025, a World Economic Forum (WEF) survey released on Wednesday showed, a reminder of the deepening global fragmentation as government and business leaders attend an annual gathering in Davos next week.

War between nation-states in 2025 is top of the list of worries keeping global risk experts, policymakers and business leaders up at night amid growing geopolitical tensions, the World Economic Forum said.

Risk specialists identified armed conflict, extreme weather and misinformation among the top global risks for the year ahead, according to a new WEF survey.