Corruption in the public sector is one of the most challenging problems plaguing the world today. Nearly every country in the world has some level of corruption, but in some countries, such misconduct is much more pervasive. And according to Transparency International, the most corrupt country in the world is South Sudan.
Corruption can come in the form of bribery, nepotism, attacks on the press, bureaucratic red tape, inadequate financial disclosure, exploitation of one’s office, and much more. These improper actions do not just provide an unfair advantage to those in power, but they also hamstring the entire economy and way of life in a given area.
To determine the most corrupt country in the world, 24/7 Wall St. reviewed data from Transparency International’s Corruption Perceptions Index. Countries were ranked based on their corruption index score, a measure reflecting perceived levels of public sector corruption ranging from 0 (highly corrupt) to 100 (very clean).
Transparency International calculates index scores using data from 13 different surveys. Each country considered must have at least three sources assessing it. Population data came from the World Bank and is for 2020.
Overall, the nations of the world have done little to improve the perception of corruption in their public sector in recent years. All across the globe, countries have cracked down on civil liberties and removed accountability measures designed to keep public sector corruption in check. Even in relatively open countries, accountability for major issues like COVID-19 responses has been limited.
In corrupt countries, it can be very difficult for average citizens to gain access to the financial resources they need to escape poverty. High levels of corruption can hamper economic growth and restrict access to education, which can make it more difficult for lower-income residents to lift themselves out of poverty. This has been shown to increase the gap between the rich and the poor. (These are the countries with the worst wealth inequality.)
The most corrupt country in the world is South Sudan with a corruption perceptions index of 11 out of 100. The sub-Saharan country has a population of 11.19 million. Syria is next with a score of 13. To compare, the highest score is 88, which three countries achieved, while the U.S.’s score is 67, ranking 27th in the world. (Many of the corrupt countries are also among the poorest countries in the world.)
Sponsored: Find a Qualified Financial Advisor:
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.