Geneva, November 12, 2020 – Global Risk Profile (GRP) releases the 2020 Global Corruption Index (GCI). This index is the third edition providing an assessment on the state of corruption and other white-collar crimes throughout the world.
For the third consecutive year, the European continent yields the best average scoring (30.33), well ahead of North America (42.96) and Asia (51.48). For the period of observation (2018-2020), the European continent has also gained new ranks every year, thus widening the gap with other regions. This positive trend in Europe is notably driven by Spain (+27 positions) and Italy (+22 positions), but also by countries with serious corruption issues, such as Armenia and Moldova, that have shown impressive evolutions.
Switzerland has a very good overall score, however drops from 6th to 8th in rank this year. When considering only the white collar crimes sub-index, Switzerland’s performance is much lower, standing in the 51st position.
Both China and the United States present a slow but steady decline between 2018 and 2020. Comparing countries ranked in all three editions of the GCI only, China has gone down 22 positions in the rankings (117th in 2018, 131th in 2019 and 139 out of 197 countries in 2020). Concerning the United States, the most significant decrease was observed between 2018 and 2019 (falling from the 24th to the 30th in rank). In the 2020 edition, the country dropped to the 31st position.
Consolidating its position, Denmark figures on top for the second time in a row, followed by Norway, Finland, Sweden and New Zealand.
The best performers by region are Canada for North America, Uruguay for South America, Denmark for Europe, Seychelles for Africa, Singapore for Asia and New Zealand for Oceania.
Countries with the lowest scores in the GCI are Libya, Yemen, the Democratic Republic of Korea, Somalia and Syria at the bottom end.
The complete 2020 results including interactive data visualization and technical documentation are available on a dedicated website: risk-indexes.com/global-corruption-index
The Global Corruption Index (GCI) measures both public and private corruption (based on its perception and experience) as well as other white-collar crimes, such as money laundering and terrorism financing issues. Featuring up-to-date data, the GCI’s 2020 edition offers a risk score, rank and evaluation for as many as 198 countries and territories based on a set of 28 variables.
Global Risk Profile (GRP) is a leading Swiss company specializing in third-party risk management related services. Since its foundation in 2009, GRP has placed Due Diligence at the heart of its activities. Its services now range from compliance software solutions to Due Diligence checks & investigations with various coverage and scope, suitable for both multinationals and small businesses.
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