#22 in the world

Chile heralded as least corrupt country in Latin America

The 2011 Corruption Perceptions Index measured perceived levels of corruption in 183 countries and territories around the globe.

Friday, December 09, 2011 Category: Business - World Reviews on Chile
On a scale from 0 (very corrupt) to 10 (very transparent), Chile scored a 7.2. On a scale from 0 (very corrupt) to 10 (very transparent), Chile scored a 7.2.

Chile consistently fares well in the Corruption Perceptions Index (CPI) published each year by Transparency International (TI), and 2011 was no different. In rankings released December 1, 2011, the international organization scored Chile a 7.2 on a scale of 0 to 10, with 0 being “very corrupt” and 10 being “very transparent.”

The CPI defines corruption as “the abuse of entrusted power for private gain.” Rankings are based on 17 different surveys and assessments from 13 institutions to measure the populace’s perception of abuse of public power and bribery of public officials.

Chile enjoys a sterling reputation for transparency at home as well as abroad, leading the World Economic Forum to call it the region’s most competitive economy earlier this year.

The ranking put Chile in the top 25 most transparent countries in the world, and secured its spot as the most transparent country in Latin America, an honor it also held in the 2010 rankings.

Chile sets the standards and the rest of the Latin American countries follow little by little. Chile deserves congratulations, but also a recommendation: to keep raising the standards higher and higher,” said the director of TI Americas, Alejandro Salas, to news agency EFE.

Chile ranked 22nd among the 183 countries considered by TI, followed by Uruguay (25), Puerto Rico (39), Costa Rica (50), Cuba (61) and Brazil (73).

The CPI ranking was topped by New Zealand with a score of 9.5. The island nation was followed by Denmark (9.4), Finland (9.4), Sweden (9.3), Singapore (9.2), Norway (9.0), Holland (8.9), Australia (8.8), Switzerland (8.8) and Canada (8.7).

Photo courtesy of Pedro Peanno.

img_banner