Luxembourg in the top 10 of least corrupt countries, according to a new study by Transparency International

Transparency International published its 2020 edition of the Corruption Perceptions Index (CPI). The CPI ranks 180 countries and territories according to their perceived levels of corruption in the public sector, based on assessments from reputable institutions and experts, as well as surveys among business leaders. The index uses a scale from zero (highly corrupt) to 100 (very clean).

Corruption weakens a country and undermines the stability and security of the decisions made by economic actors. Although no country is entirely corruption-free, those at the top of the ranking often share some common characteristics such as a transparent government, freedom of the press, guaranteed civil rights, and independent judiciary.

In this new edition, Denmark (with a score of 88) and New Zealand (also scoring 88) are tied for first place, ahead of Finland (85), Singapore (85), Sweden (85), Switzerland (85), Norway (84) and the Netherlands (82). Germany (80) and Luxembourg (80) are tied for ninth place in the top ten.

The CPI also reveals that more than two-thirds of the countries analyzed score less than 50/100; the average score is 43/100 globally. Thus, despite some progress, most countries still fail to effectively tackle corruption, according to this study.

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