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Estonia leads the way in corruption risk reduction

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.

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What is it like to run a business in Estonia? How to benefit from the e-solutions and the efficiency of our business culture? What are the opportunities in specific sectors? Who to partner up with?

The Estonian Investment Agency’s team is happy to help you via its complimentary e-Consulting service, organize online or offline follow-up events such as virtual investment visits and guide you through the fairly simple process of investing in Estonia.

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