Friday January 27 2017

News Source: Global Exchanges

Focus: Credit Rating

Type: General




Transparency International has published the Corruption Perception Index 2016. The Index covers perceptions of public sector corruption in 176 countries.

69 per cent of the 176 countries on the Corruption Perceptions Index 2016 scored below 50, on a scale from 0 (perceived to be highly corrupt) to 100 (perceived to be very clean). This year more countries declined in the index than improved.

Denmark and New Zealand performed best with scores of 90, closely followed by Finland (89) and Sweden (88). Countries are rated based on the openness of their government, press freedom, civil liberties and independent judicial systems.
For the tenth year running, Somalia is the worst performer on the index, this year scoring only 10. South Sudan is second to bottom with a score of 11, followed by North Korea (12) and Syria (13). Countries at the bottom of the index are characterised by widespread impunity for corruption, poor governance and weak institutions.

Countries in troubled regions, particularly in the Middle East, have seen the most substantial drops this year. Qatar is the biggest decliner compared to the 2015 index with a drop of 10 scores.

Click here for the full index.

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