Context: According to Transparency International’s report, India ranked 93rd out of 180 countries in the Corruption Perceptions Index for 2023.
Details about Corruption Perception Index (CPI):
- The Corruption Perceptions Index (CPI) is an annual index published by Transparency International, a globally recognized civil society organisation.
- Since its establishment in 1995, the CPI has become the primary global indicator for assessing the extent of corruption within the public sector.
- This index assesses and ranks 180 countries and territories based on their perceived levels of corruption, using a scale that ranges from zero (indicating a highly corrupt environment) to 100 (representing a very clean and transparent system).
- To compile this comprehensive assessment, the CPI utilises data from 13 diverse external sources.
- These sources include esteemed institutions such as the World Bank, World Economic Forum, private risk and consulting companies, as well as various think tanks and other reputable entities.
- It is important to note that the scores presented in the CPI are a reflection of the perspectives and insights provided by experts and businesspeople, rather than the opinions of the general public.
Importance of CPI Rankings:
- The CPI is a well-known measure of corruption in the public sector worldwide.
- It provides a comprehensive view of a country’s corruption situation by combining different forms of corruption into a single, comparable indicator.
- The index’s reliability and consistency are ensured through regular evaluations of the calculation process.
Key findings of Corruption Perception Index 2023:
- The 2023 Corruption Perceptions Index (CPI) shows that corruption is pervasive worldwide, with most countries scoring below 50 out of 100.
- The global score remains at 43, with many countries showing no improvement or decline over the past decade.
- In 2023, 23 countries achieved their lowest scores.
- Denmark, Finland and New Zealand top the list.
- Western Europe and the European Union, although still the top scoring region, saw their average score drop.
- Sub-Saharan Africa continues to score highly, and it faces challenges in terms of democracy and the rule of law.
- In 2023, India’s overall score is 39, placing it 93rd out of 180 countries, with a drop in 2022.
- Other South Asian countries, such as Pakistan and Sri Lanka, are struggling with debt burdens and political instability.
- China has gained attention for its rampant corruption scandal that has bankrupted more than 3.7 million public officials over the past decade.
Source: IE