TRACE International – a world’s leading organization for corruption risk assessments globally – has published a business bribery risk country ranking. The index is composed of 4 domains to accurately measure the risk of becoming subject to corruption – Business Interactions with Government, Anti-Bribery Laws and Enforcement, Government and Civil Services Transparency and Capacity for Civil Society Oversight. The lower the overall score, the less chance of bribery exists in each domain.
This is the second time countries are ranked based on such an index by TRACE International, and remarkably Estonia has made a leap of progress compared to the previous version, earning an honorable mention in the ranking’s summary.
Estonia placed third globally and second in Europe behind Sweden. Other countries in the region also placed high – Finland 9th, Latvia 22nd and Lithuania 25th.
The full country rankings are available on Trace International webpage.