Corruption Perception Index of Iran
Iran scored 25 points out of 100 on the 2020 corruption perceptions index, down from the previous year's score of 26, representing a drop of one point. The corruption perception score in Iran climbed by three points between 2010 and 2020.
Iran's performance in the 2020 corruption perception index is below average when compared to other nations. In 2020, the index score for Iran rose from a low of 22 in 2010 to a high of 25 in 2020.
Iran presents a very high risk of corruption for businesses that are already operating there or intend to. All facts of the economy are dominated by a strong system of political cronyism, nepotism, and patronage. Although there are numerous laws in place that make it illegal to engage in various forms of corruption in the public and private sectors, they are rarely actually implemented, so corruption is rising much in Iran.
Outlook on Corruption Perception Index
The Corruption Perceptions Index (CPI), a ranking system for nations based on how corrupt their public sectors are viewed to be, is used to compare the levels of corruption in various nations. Results are displayed on a scale from 0 to 100, where 0 corresponds to highly corrupt and 100 to exceptionally noncorrupt.
Among the major nations with the lowest levels of corruption worldwide are Denmark, New Zealand, Finland, Singapore, Sweden, and Switzerland. Finland, Switzerland, Singapore, and Sweden were next with a score of 85 in 2020, while Denmark and New Zealand got the highest score of 88 out of 100. Somalia and South Sudan, both of which received a score of 12 out of 100 in 2020, are among the nations with the highest levels of corruption worldwide.
Determinants of Corruption Perception Index
Political and Economic Environment:
Monetary policy is influenced by the political and economic environment, which also has a significant impact on the corruption phenomenon.
Level of GDP:
It has been shown that countries with relatively low GDP per capita levels often have higher levels of corruption. Apart from that, early developing countries frequently have lower corruption rankings.
Country Size:
Countries with low population densities and broad geographic areas are more susceptible to corruption because it is challenging to police public officials in dispersed locations.
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