These are the world’s least – and most – corrupt countries

corrupted countries

(Unsplash, 2019)

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.

Author: Josephine Moulds, Freelance business journalist


Denmark is the least corrupt nation in the world, according to an index which suggests corruption is contributing to a crisis in democracy around the world.

The Nordic nation is followed closely by New Zealand, Finland, Singapore, Sweden and Switzerland.

But no country is completely free of corruption, according to the latest report by Transparency International. Even Denmark has experienced recent corruption cases, the report authors note, such as a money-laundering scandal surrounding Danske Bank, its biggest lender.

At the other end of the scale are Somalia, Syria and South Sudan, which all score poorly on Corruption Perceptions Index for 2018.

Image: Transparency International, 2018

Weaker democratic institutions

Transparency International, an NGO founded in order to combat global corruption, said that countries with higher rates of corruption have weaker democratic institutions and political rights.

Managing Director Patricia Moreira says: “Corruption chips away at democracy to produce a vicious cycle, where corruption undermines democratic institutions and, in turn, weak institutions are less able to control corruption.”

The NGO calls on governments to strengthen institutions that maintain checks and balances over political power; enforce anti-corruption legislation; and support civil society, and a free and independent media.

The Corruption Perceptions Index ranks 180 countries and territories by their perceived levels of public sector corruption, according to experts and businesspeople, with a scale of zero to 100, where zero is highly corrupt and 100 is very clean.

Low score for two-thirds of countries

Last year, more than two-thirds of countries scored below 50, with an average score of just 43.

Transparency International highlights the situation in Hungary and Turkey, whose CPI ratings have dropped over the past six years. It notes: “These ratings reflect the deterioration of rule of law and democratic institutions, as well as a rapidly shrinking space for civil society and independent media, in those countries.”

The United States dropped out of the top 20 least corrupt nations for the first time since 2011. Transparency International says: “The low score comes at a time when the US is experiencing threats to its system of checks and balances, as well as an erosion of ethical norms at the highest levels of power.”

It says Brazil is another nation to watch, after it earned its lowest CPI score in seven years. New president Jair Bolsonaro has made promises to end corruption.

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

Stopping antimicrobial resistance would cost just USD 2 per person a year

The Ukrainian crisis to destabilize Europe and the world for a long time

Impacting society with digital ingenuity – World Summit Award proclaiming the top 8 worldwide

MARKUP initiative to boost market access to Europe for East African SMEs

EU budget: Commission proposes most ambitious Research and Innovation programme yet

The Parliament paves the way for the creation of the European Banking Union

Syria: Why did the US-Russia brokered ceasefire collapse? What does the duo care for?

Libya: Attack on foreign ministry, an attack on all Libyans, stresses UN envoy

DR Congo elections: ‘Excessive use of force’ in campaign must be avoided, says Bachelet

ECB’s Draghi favours a cheaper euro to serve all Eurozone countries

How many more financial crises in the West can the world stand?

Cultural Intelligence: the importance of changing perspectives

Why the merchant ships can pollute the atmosphere with CO2 quite freely

Here’s how we can tackle the growing cybersecurity skills gap

70 years after the Universal Declaration of Human Rights, this is why we need dignity more than ever

How telehealth can get healthcare to more people

Why South Africa is on a path of economic renewal

G20 LIVE: The European Sting covers online world news and the latest developments at G20 from Antalya Turkey

US prosecutors now target Volkswagen’s top management, upsetting Germany

Hollande protects the euro from the attacks of extremists

UN rights experts call on Russia to release Ukrainian film-maker whose life is in ‘imminent danger’

‘Collective endeavour’ needed to strengthen peacekeeping further, says top UN official

Boom in Artificial Intelligence patents, points to ‘quantum leap’ in tech: UN report

Is Haiti better prepared for disasters, nine years on from the 2010 earthquake?

Eurostat confirms a dangerously fast falling inflation in Eurozone

‘Global care crisis’ set to affect 2.3 billion people warns UN labour agency

DR Congo: Ebola response resumes despite ‘risky environment’

All sides in Yemen conflict could be guilty of war crimes, UN experts find

Eurozone: The cycle of deficits, debts and austerity revisited

European Youth Capital 2019 announced: Novi Sad, Serbia

We have to fight for a fairer tech industry for women

European Banking Union: Like the issue of a Eurobond?

Capitalism’s greatest weakness? It confuses price with value

Trump to subject the Fed, challenge the ECB and make Wall St. bankers even richer

Restoring prospect of peace in Middle East is ‘our shared responsibility’ UN envoy tells Security Council

How banks should prepare for robots going rogue

Medical Education is #NotATarget

Armenia should take vigorous measures against entrenched corruption

The EU pollution rights trading system frozen

UN chief hails victory of ‘political will’ in historic Republic of North Macedonia accord

The EU Consumer Policy on the Digital Market: A Behavioral Economics View

European Commission adopts new list of third countries with weak anti-money laundering and terrorist financing regimes

The EU Commission implicates major banks in cartel cases, threatens with devastating fines

US-North Korea summit ‘an important milestone’ towards denuclearization, says Guterres

Migration crisis update: lack of solidarity not only among EU leaders but also EU officials

More urgency needed to help increasing numbers ‘locked out’, before 2030, says UN’s Bachelet

Solutions for cultural understanding: medical students’ perspective

“Our house is on fire.” 16 year-old Greta Thunberg wants action

Venice will now start charging tourists an entrance fee

Did Draghi ask the Germans to accept a drastic change of austerity policies?

Facebook and Google to treat Europe as the 51st State of the USA

How China raised the stakes for electric vehicles

The deforestation risks lurking in the banking sector

EU to lead one more fight against climate change at G7 summit

Trade, taxes and other takeaways from Li Keqiang’s speech to the World Economic Forum

How well you age depends on what you think of old age

Why Sweden’s cashless society is no longer a utopia

How and why Mercedes fakes the EU fuel consumption tests

Eurozone: Negative statistics bring deflation and recession closer

The Americans are preparing for the next financial crisis

The rise of alternative medical practices in modern sports

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s