Category: 

How Much Money is Paid in Bribes Each Year?

The World Bank estimates that more than $1 trillion US Dollars (USD) is paid each year in bribes — that's about equal to the gross domestic product of India. The countries where corruption is most common are Somalia, Myanmar, Iraq, Haiti and Afghanistan.

More facts about corruption:

  • The countries in which large companies are most likely to offer bribes to senior officials in other countries are Russia, China, Taiwan and Australia.

  • Denmark, New Zealand, Sweden and Singapore are ranked as the least corrupted countries in the world.

  • At least one in four people in the world pay some form of a bribe every year.

Follow wiseGEEK:
  twitter

More Info: www.blog.worldbank.org

Discuss this Article

Post your comments

Post Anonymously

Login

username
password
forgot password?

Register

username
password
confirm
email

Free Widgets for your Site/Blog

The U.S. Coast Guard led the evacuation of more than 500,000 people from Lower Manhattan on 11 September 2001.  more...
 
September 27 ,  1940 :  The World War II Axis powers formed with the signing of the Tripartite Pact.  more...