Bangladesh Tops 2019 Trace Bribery Risk Matrix in South Asia
- The annual Bribery Risk Matrix 2019 was released by TRACE recently to measure business bribery risk in 200 countries.
- TRACE is a US based organisation which provides ranking to various countries in terms of the risk of bribery that companies face in doing business in those countries.
Findings of Index
- Bangladesh emerged as the top most nation among the South Asian countries where the bribery risk is high. It has been placed at 178th position among 200 nations with a risk score of 72 out of 100.
- Pakistan (153) and Afghanistan (168) were the only other South Asian nations where the bribery risk is ‘high’.
- Bhutan (52) has the lowest risk of bribery (41) in South Asia.
- India has been placed at 78th spot with bribery risk of 48.
- Overall, New Zealand ranked first as the country with lowest bribery risk having risk score of 4 followed by Norway and Denmark.
- On the other hand, Somalia (200) emerged as the highest risk of bribe demands nation with a score of 94.
Source: TRACE