Corruption Perception Index of Maldives
In the 2020 corruption perceptions index, Maldives scored 43 out of 100, up from 29 the year before (2019), but only marginally higher than the two years prior. The corruption perception score in the Maldives climbed by seven points between 2016 and 2020.
Maldives's performance in the 2020 corruption perception index is below average when compared to other nations. In 2020, The index score for the Maldives rose from a score of 36 in 2016 to a high of 43 in 2020.
The government has created the necessary laws, rules, and regulations to address the corruption issues precisely for this reason. The government of Maldives established the Anti-Corruption Board on April 21, 1999, to address corruption-related issues. By raising awareness among governmental entities on topics like financial matters and the laws and regulations governing such issues, the Board has made initiatives to reduce corruption.
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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