Confidence in the global economy remains broadly unchanged year-over-year, surpassing pre-pandemic levels of confidence, according to the KPMG 2023 Banking CEO Outlook.
Almost three in four global CEOs (73 percent) are confident about the economy over the next three years, compared to 71 percent last year. This reflects a clear resilience and a collective focus to get the world back on a sustainable, long-term growth trajectory. However, CEOs’ confidence in their own company’s growth prospects are at a three-year low; at the start of 2020, 85 percent of CEOs were confident in their company’s growth prospects, compared to 77 percent this year.
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