Singapore ranked 5th least corrupt country in the world

Singapore ranked 5th least corrupt country in the world

Singapore ranked 5th least corrupt country in the worldSingapore is the fifth least corrupt country in the world, according to Transparency International, which also rates Singapore as the least corrupt nation in Asia.

Singapore’s Corruption Perceptions Index (CPI) score was 83 out of 100, which is the same as it was the previous year.

The CPI rates 180 countries and territories on a scale of 0 (highly corrupt) to 100 (very clean) based on how corrupt people believe the public sector to be.

The best score it ever had was 87 in 2012, the year Transparency International redesigned the system.

The CPI surveyed experts and entrepreneurs, which rates 180 nations and territories according to their perceived levels of public sector corruption on a scale from 0 to 100.

For the sixth year in a row, Denmark (90) led the overall 2023 index, followed by Finland (87), New Zealand (85) and Norway (84).

According to a study issued on January 30 by Transparency International, in 2023, two out of three jurisdictions received a score worse than 50.

It stated that despite advancements in the criminalization of corruption and the establishment of specialized anti-corruption organizations worldwide, corruption levels had only improved in 28 jurisdictions and had gotten worse in 34 other nations and territories.

Western Europe and the European Union received the highest scores in the 2023 CPI. However, Transparency International observed that the region’s average score, 65 out of 100, had decreased for the first time in ten years.

Out of the thirty-one nations evaluated in the region, only six exhibited increased ratings, whilst eight had decreases.

High-ranking countries, including Sweden (82), the Netherlands (79), Iceland (72) and Britain (71), saw their lowest-ever index ratings; during the previous five years, Britain’s score dropped by six points.

Hong Kong (75), Singapore, Australia (75), Japan (73), and New Zealand (75) were the top five territories in the Asia Pacific area.


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