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CEOWORLD magazine - Latest - Special Reports - Corruption Perceptions Index: Denmark Tops Global Corruption Rankings as Transparency Remains a Challenge

Special Reports

Corruption Perceptions Index: Denmark Tops Global Corruption Rankings as Transparency Remains a Challenge

Denmark has once again been ranked as the least corrupt country in the world, maintaining its top position from the previous year with a score of 90 out of 100. Finland follows closely behind with a score of 88, while Singapore, New Zealand, Luxembourg, and Norway share third place with a score of 81. Switzerland and Sweden rank just below, scoring 80. Iceland, which was ranked 11th last year, has moved up one spot to 10th place, achieving a score of 77.

The rankings are derived from World Economics’ conversion of Corruption Perceptions Index (CPI) data into a scale ranging from 0 to 100, where 0 represents absolute corruption and 100 signifies no perceived government corruption. The CPI, published annually by Transparency International since 1995, evaluates countries based on perceived levels of public sector corruption as assessed by experts and business leaders.

Understanding Corruption and Its Global Impact

The United Nations Office on Drugs and Crime (UNODC) defines corruption as a fluid and evolving concept that varies in interpretation across different regions. However, its effects are universal, impacting societies worldwide. Corruption encompasses a wide range of unethical activities, including bribery, extortion, nepotism, influence peddling, fraud, and embezzlement—all of which undermine governance and public trust.

While progress has been made in some areas, significant challenges remain. Since 2012, 32 countries have successfully reduced corruption levels, yet 148 nations have either stagnated or worsened. The global average score of 43 has remained unchanged for years, with over two-thirds of countries failing to reach a score of 50. As a result, billions of people continue to live in nations where corruption threatens lives and erodes fundamental human rights.

Global Efforts to Combat Corruption

Recognizing the widespread impact of corruption, the United Nations General Assembly adopted the United Nations Convention against Corruption on 31 October 2003. The Secretary-General was tasked with designating the UNODC as the secretariat for the Convention’s Conference of States Parties. To date, 190 countries have committed to fulfilling the Convention’s anti-corruption obligations, reflecting near-universal support for good governance, transparency, and political accountability.

To further emphasize the importance of combating corruption, the General Assembly designated 9 December as International Anti-Corruption Day. This annual observance aims to raise awareness of corruption’s detrimental effects and highlight the role of the Convention in preventing and addressing it globally.

 

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CEOWORLD magazine - Latest - Special Reports - Corruption Perceptions Index: Denmark Tops Global Corruption Rankings as Transparency Remains a Challenge
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz