T8. Denmark: 5.27 — In 2015, Denmark was voted the most transparent country in the world by Transparency International, and it scores highly in the WEF's analysis. It is the lowest ranked of four Scandinavian countries on this list.
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T8. Singapore: 5.27 — The city-state of Singapore is one of the most highly developed nations in Asia, and has made huge efforts to fight corruption, spearheaded by its Corrupt Practices Investigation Bureau.
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7. Switzerland: 5.32 — In Switzerland, companies can be criminally prosecuted and ordered to pay a fine of up to CHF 5 million for acts of corruption committed by individuals working on its behalf.
6. New Zealand: 5.36 — According to Hong Kong's Independent Commission Against Corruption "New Zealand does not have any one single agency tasked with fighting corruption." "Rather it has a number of agencies that focus on the different elements in the fight against corruption."
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5. Norway: 5.39 — "Corruption does not represent a constraint to trade or investment, and administrative corruption and petty bribery are almost non-existent. The Norwegian Penal Code criminalises active and passive bribery, trading in influence, fraud, extortion, breach of trust and money laundering," according to GAN's business anti-corruption portal.
4. Finland: 5.42 — Finland has consistently ranked as one of the world's least corrupt countries. However a recent report from the Police University College said that corruption increased 10% from 2011-2014.
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3. Sweden: 5.50 — Corruption in Sweden is policed by the country's National Anti-Corruption Unit, part of the Swedish Prosecution Authority. In the Scandinavian state, corruption is defined as "the abuse of power" by any official.
2. Japan: 5.57 — Japan is one of the least corrupt countries in the world, however, according to GAN "there is a traditional practice (known as amakudari) of assigning retired government officials to top positions within Japanese companies. Amakudari employees are particularly common in the financial, construction, transportation and pharmaceutical industries."
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1. Luxembourg: 5.62 — Luxembourg tops the WEF's ranking despite recent revelations in The Guardian that former prime minister, and current European Commission President Jean-Claude Juncker "spent years in his previous role as Luxembourg’s prime minister secretly blocking EU efforts to tackle tax avoidance by multinational corporations."
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