By 2050, countries worldwide could collectively lose about 10% of total economic value from climate change if temperature increases stay on the current trajectory, according to a recent analysis from the Swiss Re Institute.

Global warming's effects are widespread and range in severity, and no nation is immune to the damages that changing weather patterns could cause. In its newly released Climate Economics Index, the Swiss Re Institute projects how climate risks will impact 48 countries, which represent 90% of the world economy, and ranks their overall climate resilience. The five countries identified by the Swiss Re Institute as being the least prepared for the economic shock from climate change are highlighted in the above slideshow.

"Climate risk affects every society, every company, and every individual," Thierry Léger, group chief underwriting officer and chairman of Swiss Re Institute, said in a release. "By 2050, the world population will grow to almost 10 billion people, especially in regions most impacted by climate change. So we must act now to mitigate the risks and to reach net-zero targets."