Denmark is ranked number one as the least corrupt country in the world, according to Transparency International’s Corruption Perceptions Index 2014. The index, which covers 175 countries or territories, ranks countries based on a 100-point “corruption perception” scale, where zero equals a “highly corrupt” perception and 100 means the country is perceived to be very clean.
New Zealand earns its place as the second least corrupt country. Other Nordic countries are in the top 5 least corrupt countries, with Finland at Number 3, Sweden 4th, followed by Norway in the 5th place.
In the report, released on December 3, China falls to 100th place from 80th last year, while Thailand leaps from 102nd in 2013 to 85th spot this year. North Korea and Somalia are tied at the bottom of the list as the most corrupt.
“Countries at the bottom need to adopt radical anti-corruption measures in favour of their people. Countries at the top of the index should make sure they don’t export corrupt practices to underdeveloped countries,” said José Ugaz, Chair, Transparency International.
The Corruption Perceptions Index highlights the problems that emerging economies have with public sector corruption, misappropriation of funds and bribery, said Jose Ugaz, the chair of Transparency International, in a press release. It’s based on perceptions of public sector corruption, from the perspective of business people and country experts.
Source: Transparency International