One in Four People Struggling with Financial Hardship as Economic Worries Mount Worldwide
Rising inflation and unemployment have emerged as major concerns in India, mirroring a broader global trend of economic anxiety.
A significant proportion of people across the world are worried about their financial situation, with economic weakness now perceived as a bigger challenge than wars or pandemics.
Inflation and Unemployment Major Concerns in India
In low-income countries, 38 per cent of people consider economic issues to be the biggest problem, while in high-income countries this figure stands at 21 per cent.
India falls within the low-income country category, where an average of 31 per cent of respondents identified the economy as the most serious issue, well above the global average of 23 per cent.
Four Issues That Worry People the Most
People across countries expressed the highest levels of concern over the following four issues:
- Economy: 23 per cent fear inflation and an economic slowdown.
- Jobs and Employment: 10 per cent are troubled by the lack of good-quality jobs.
- Politics: Eight per cent point to declining trust in political leaders.
- Security and Peace: Seven per cent are concerned about safety and security, with higher anxiety levels in conflict-affected countries.
Study Conducted in 107 Countries, 23% Globally Worried About Weak Economy
New Delhi, Agency. Today, the world’s biggest challenge is not war or pandemics, but a weak economy. A recent study has found that globally, every fourth person is distressed by financial hardship.
The study was conducted by the American analytics company Gallup across 107 countries, including India.
It revealed that 23 per cent of people expressed concern about the state of the economy. Additionally, three per cent said they were struggling with a lack of food and housing.
Gallup released the findings under the title World’s Most Important Problem Report–2026.
The report noted that concerns about economic hardship are not limited to poorer nations; even among the world’s 71 most powerful countries, the economy ranks as the number one concern.
Youth Most Affected by Economic Anxiety
Economic stress is highest among young people aged 15 to 34 years. As many as 34 per cent of youth identified a weak economy as the biggest problem, compared to 30 per cent among older age groups.
The key reasons cited include a shortage of jobs, rising education costs, and uncertainty about the future.
The report highlights that many people are struggling to secure necessities such as food for their families, safe housing, and dignified employment.
Inflation and unemployment continue to pose serious challenges in India, reinforcing the broader picture of economic vulnerability revealed by the study.
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