Verisk Maplecroft warns of 'unprecedented rise in civil unrest' in many countries
- Published: Tuesday, 06 September 2022 09:59
Verisk Maplecroft says that the world is facing an unprecedented rise in civil unrest 'as governments of all stripes grapple with the impacts of inflation on the price of staple foods and energy', according to the latest edition of its Civil Unrest Index (CUI). The data, covering seven years, shows that the last quarter saw more countries witness an increase in risks from civil unrest than at any time since the Index was released. Out of 198 countries, 101 saw an increase in risk, compared with only 42 where the risk decreased.
Other key points from the Civil Unrest Index include:
- As the conditions for civil unrest build in a growing number of countries, the severity and frequency of protests and labour activism is set to accelerate further over the coming months.
- Although there have been several high-profile and large-scale protests during the first half of 2022, the worst is undoubtedly yet to come.
- In December 2020, Verisk Maplecroft warned of a new era of civil unrest, projecting that 75 countries would see an increase in civil unrest risk by August 2022. The reality has been far worse, with 120 countries witnessing an increase in risk since then.
- With more than 80 percent of countries around the world seeing inflation above 6 percent, socioeconomic risks are reaching critical levels. Almost half of all the countries on the CUI are now categorised as high- or extreme-risk, and a large number of states are expected to experience a further deterioration over the next six months.