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The Global Economic Conditions Survey (GECS) is one of the most comprehensive surveys of its kind, both for its number of respondents and for the range of economic variables it monitors. IMA and ACCA members from around the world share their insider views on the macro-economic environment as they see it. Within themed countries and regions, the GECS is regarded as a good predictor of GDP growth. Its correlations with the VIX, or “fear,” index are well-established. It is a trusted source for gauging the overall performance of the global economy.
Three levels of analysis are provided:
- Global: Providing an overall picture of respondent confidence
- Thematic: Weighing in on socio-political trends
- Regional: Interpreting policy changes, government actions, and current events in 9 regions
Key Findings of the First Quarter 2026 Survey
- Global accountants’ confidence is close to record lows amid heightened uncertainty and rising costs.
- Conflicts in the Middle East are contributing to rising oil and petroleum-based prices globally, impacting the prices of commodity goods and weighing on sentiment.
- International and geopolitical instability unsurprisingly jumped to the top of global accountants’ risk priorities in Q1.
- Confidence among CFOs fell very sharply in Q1 and is significantly below its historical average.