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Iceland 14th among Least Corrupt Nations

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Iceland 14th among Least Corrupt Nations

Corruption Perceptions Index.

Photo: Transparency International.

Iceland ranks 14th among the world’s least corrupt nations, according to the Corruption Perceptions Index 2016, published by Transparency International. The index is based on information from numerous expert assessments. Six kinds of assessment were used to rank Iceland, according to RÚV.

Denmark tops the list as the world’s least corrupt country, followed by New Zealand and Finland. Sweden is fourth on the list and Norway sixth. Thus, Iceland trails its Nordic neighbors in 14th place. The score given is from 0 to 100, where a score of 100 indicates no corruption. Iceland gets 78 points, while Denmark receives 90.

In 2006, this same index rated Iceland as the world’s least corrupt country, RÚV reports. In 2015, it had dropped to 13th place and has, thus, dropped down one more place since then, to its lowest ranking in ten years.

At the very bottom of the list, number 174-176 are North Korea, South Sudan and Somalia. Somalia has been at the very bottom for ten years.

The higher ranking countries boast of higher degrees of press freedom, access to information about public expenditure, higher standards of integrity for public officials and independent judicial systems.

The researchers warn, however, that “the higher-ranked countries are not immune to closed-door deals, conflicts of interest, illicit finance, and patchy law enforcement that can distort public policy and exacerbate corruption at home and abroad.”

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