The 10 Most (and 10 Least) Corrupt Countries in the World

More

Today, Berlin-based Transparency International released its annual list of the most and least corrupt countries in the world -- the Corruption Perceptions Index (CPI). On a scale ranked from 0 to 10 (0 being the most corrupt, 10 being the least), the United States received a historically low score of 7.1. A year ago, it scored 7.5.


Story continues below slideshow.


But the U.S. is in good company.
 
MORE ON The Economy from 24/7 Wall St:

  24/7 Wall St: The European Labor Unions That Could Destroy Austerity

24/7 Wall St:An Apple Buyout of Sony?

24/7 Wall St: American Brands in Foreign Hands
 
The Czech Republic, Greece, Hungary, Italy, Madagascar and Niger also received lower scores than they did last year. Transparency International explains the declining scores of some nations -- such as the United States -- with the recent global financial crisis. For many countries, it says, the crisis was "precipitated by transparency and integrity deficits."

The CPI uses 13 different expert and business surveys, like the African Development Bank, Global Insight and IMD, to compute its numbers. Of the 178 countries surveyed, nearly three quarters scored lower than 5. The most corrupt countries were also the poorest, and are mostly ruled either by dictators or by unstable governments.

The report did contain some good news: Bhutan, Chile, Ecuador, Macedonia, Gambia, Haiti, Jamaica, Kuwait and Qatar all improved their scores.
Jump to comments
Presented by

Douglas A. McIntyre

Douglas McIntyre is editor of 24/7 Wall St.

Get Today's Top Stories in Your Inbox (preview)

Sad Desk Lunch: Is This How You Want to Die?

How to avoid working through lunch, and diseases related to social isolation.


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Where Time Comes From

The clocks that coordinate your cellphone, GPS, and more

Video

Computer Vision Syndrome and You

Save your eyes. Take breaks.

Video

What Happens in 60 Seconds

Quantifying human activity around the world

Writers

Up
Down

More in Business

Just In