Global Bribery Risk Ranking
19th November, 2021 Polity
Figure 1: No Copyright Infringement Intended
- Recently, Bribery Risk Matrix 2021 was released by TRACE, an anti-bribery standard setting organisation.
- North Korea, Turkmenistan, Venezuela and Eritrea pose the highest commercial bribery risk.
- Denmark, Norway, Finland, Sweden and New Zealand present the lowest bribery risk.
- India has slipped to 82nd position in 2021, five places down from 77th rank last year.
- India fared better than its neighbours – Pakistan, China, Nepal and Bangladesh.
- Bhutan, meanwhile, secured 62nd rank.
- over the past 10 years, the business bribery risk environment worsened significantly in countries that also experienced democratic backsliding: Egypt, Venezuela, Turkey, Poland and Hungary.
- From 2020 to 2021, all of the Gulf Cooperation Council (GCC) countries saw an increase in commercial bribery risk.
About the Matrix:
- It measures business bribery risk in 194 countries, territories, and autonomous and semi-autonomous regions.
- business interactions with the government,
- anti-bribery deterrence and enforcement,
- government and civil service transparency,
- capacity for civil society oversight
- It was originally published in 2014 to meet a need in the business community for more reliable and nuanced information about the risks of commercial bribery worldwide.
- It aggregates relevant data obtained from leading public interest and international organisations, including the United Nations, World Bank, V-Dem Institute at the University of Gothenburg and World Economic Forum.