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Nearly three quarters (73%) of CEOs believe global economic growth will decline over the next 12 months, according to PwC’s 26th Annual Global CEO Survey, which polled 4,410 CEOs in 105 countries and territories in October and November 2022. The number is lower (62%) for CEOs in the Caribbean. The bleak CEO outlook is the most pessimistic CEOs have been regarding global economic growth since we began asking this question 12 years ago. Those expectations represented a stark reversal from the last Caribbean participation in the survey conducted between late 2020 and early 2021, when a similar proportion (69%) thought
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