In this article, we discuss the most corrupt countries in the world. The world’s most corrupt nations are covered. You can skip our in-depth examination of corruption around the world. Let’s get straight to it.
What Corruption is All About
When someone abuses their position of power for personal benefit, it is called corruption. It covers a wide range of activities, such as accepting bribes, favouritism at the expense of a public or corporate position, and the use of power for improper or illegal purposes.
To varying degrees, corruption has been a persistent occurrence throughout the world. It is most common in poor nations, while it is also present in industrialised nations, albeit to a lesser extent.
According to World Bank research cited by EconStor, it pay bribes in the global economy annually to the tune of 1 trillion US dollars equivalent.
Top 10 Most Corrupt Countries in the World
The top 10 nations for perceived corruption are:
The world’s most corrupt country is Somalia. The country was torn apart by opposing warlords in the early 1990s; as a result, the current administration is ineffective.
Therefore, there is an atmosphere of lawlessness, and widespread corruption adversely affects every facet of life in the nation.
Several forms of corruption are illegal in the country, however implementation of the law is non-existent and Somalia is rife with embezzlement, abuse of office, and bribery.
2. South Sudan
South Sudan’s public officials, a textbook kleptocracy, have stolen countless sums of public funds and are eager to take monetary bribes and gifts.
Since anti-corruption laws are not strictly enforced, wrongdoers are free to commit crimes in the confidence that they would not face legal consequences.
However, it makes sense that the nation is still the second most corrupt on the planet.
Despite being ruled by president Bashar al-Assad, who has killed thousands of his own citizens over the past few years, the war-torn nation continues to be utterly corrupt.
Nearly everything in the lawless nation is under the hands of the president’s family and allies, who also engage in numerous shady business practices like stealing aid money and dealing in illicit weapons.
The terrible civil war destroyed the nation’s economy and threw it into an unprecedented humanitarian crisis. Nepotism is also rampant, which makes it difficult for foreign companies to invest in the country.
Any genuine attempts at recovery are being hampered by systemic corruption, and legalized extortion and passive bribery are everyday occurrences.
5. Equatorial Guinea
While a large portion of the population lives in abject poverty, Teodoro Obiang Nguema Mbasogo, the president, and his family enjoy a life of luxury.
A French court sentenced Teodorn, the president’s son, to three years with a three-year suspension in October 2017 for allegedly stealing millions of euros in tax revenues to support his opulent playboy lifestyle.
In particular, bribery, cronyism, and nepotism are serious problems in the war-torn nation, and for businesspeople in Sudan to succeed, they must know the right people or buy off officials.
Despite possessing the greatest oil reserves in the world, the nation is nevertheless struggling under a severe economic crisis that has increased poverty and violence.
In both the administration and the police force, bribery, theft of tax dollars, and nepotism are all too rampant.
Systemic corruption and the fear of Taliban violence are still issues in Afghanistan. Nepotism is a significant problem in the nation because of the strong family and tribal ties that exist there. Corruption, unlawful land transfers, and bribery are all-pervasive.
Since Afghanistan is the world’s leading producer of opium for heroin and efforts to stop the trade are at a low, corruption extends to the drug trade as well.
9. North Korea
Human rights are essentially nonexistent in North Korea, where corruption from the top down is a major aspect of daily life.
According to reports, corruption has increased as officials may demand bribes in order to disregard North Koreans who are calling South Korea on phones.
10. Guinea Bissau
This tiny nation is nonetheless rife with shady business practices and has grown into a key crossing point for traffickers of cocaine from Latin America to Europe.
There are allegations of drug trafficking involving several high military officers, and corruption permeates every facet of public life.
It hasn’t helped that since the first multi-party elections in 1994, no president has completed a full term.
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