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Context: Transparency International released its annual Corruption Perceptions Index (CPI) 2024, which highlights the state of public sector corruption worldwide.
About Corruption Perceptions Index
- Released by – Transparency International.
- Rankings – It ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and business people.
- Scale – 0 to 100
- 0 – Highly corrupt
- 100 – Very clean.
Rankings in Corruption Perception Index (CPI) 2024
- The global average score remains 43, unchanged from 2023.
- More than two-thirds of countries scored below 50, indicating widespread corruption.
- India ranked 96th out of 180 with a score of 38, a decline of one point from the previous year.
- Top 5 Least Corrupt Countries (Highest Scores): (1) Denmark (2) Finland (3) Singapore (4) New Zealand.
- Bottom 5 Most Corrupt Countries (Lowest Scores): (1) South Sudan (2) Somalia (3) Venezuela (4) Syria.
How CPI Measures Corruption?
- The CPI ranks 180 countries and territories based on perceived corruption in the public sector.
- The score is calculated on a scale of 0 to 100:
- 0 = Highly corrupt
- 100 = Very clean
- Uses 13 data sources, including reports from the World Bank, World Economic Forum, and private risk consulting firms.
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Key Highlights of Corruption Perceptions Index 2024
Notable Declines
- United States: The U.S. score dropped to 65, ranking 28th globally, amid criticisms of its judicial branch and enforcement mechanisms.
- United Kingdom: The UK remains at its record-low ranking of 20th, with a score of 71, influenced by political scandals and concerns over political donations.
Regional Insights
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Asia-Pacific: While Singapore leads in transparency, the region shows long-term stagnation, with many countries failing to improve their anti-corruption efforts.
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Sub-Saharan Africa: This region has the lowest average score of 33, with systemic corruption hindering development and governance.
Emerging Concerns
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Climate Change: The CPI highlights that corruption poses significant risks to climate action, with a lack of transparency potentially undermining environmental policies and fund allocations.