Corruption Perception Index (CPI) 2023

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Overview:

India's rank in the Corruption Perception Index (CPI) 2023 has slipped to 93 out of 180 countries, with a score of 39.

About Corruption Perception Index (CPI)

  • It is an annual index released by Transparency International, a global civil society organization.
  • Since its inception in 1995, the Corruption Perceptions Index has become the leading global indicator of public sector corruption.
  • The CPI ranks 180 countries and territories by their perceived levels of public sector corruption on a scale of zero (highly corrupt) to 100 (very clean).
    • It uses data from 13 external sources, including the World Bank, World Economic Forum, private risk and consulting companies, think tanks and others.
    • The scores reflect the views of experts and business people, not the public.

Highlights of Corruption Perception Index 2023

  • CPI-2023 results show that most countries have made little to no progress in tackling public sector corruption.
  • CPI global average score remains unchanged at 43 for the twelfth year in a row.
  • Denmark topped the index for the sixth consecutive year.
  • Somalia was ranked last, other countries occupying the bottom spots included: Venezuela, Syria, South Sudan and Yemen.
  • India has tied with Maldives, Kazakhstan, and Lesotho to rank at 93 out of 180 countries. In 2022, India was ranked at 85.
  • Pakistan scored 29 with a rank of 133 and China, scored 42 occupying rank 76.

Q1) What is the World Economic Forum (WEF)?

It is an international organization headquartered in Geneva, Switzerland, that brings together individuals and political and business leaders each year to discuss significant issues that impact the global economy. These include, but are not limited to political, economic, social, and environmental concerns. The WEF is best known for its annual WEF Meeting at Davos, the Swiss ski resort.The event regularly draws business and political leaders from around the world for a series of discussions about global issues.

Source: India ranks at 93 on Corruption Index, China fares better with rank 76, Denmark continues to top the index