India is at the 77th position with a score of 45 in a global list that measures business bribery risks of 2020.The list by TRACE, an anti-bribery standard-setting organization, measures business bribery risk in 194 countries, territories, and autonomous and semi-autonomous regions.
According to this year’s data, North Korea, Turkmenistan, South Sudan, Venezuela, and Eritrea present the highest commercial bribery risk, while Denmark, Norway, Finland, Sweden, and New Zealand present the lowest.
In 2019, India’s rank stood 78 positions with a score of 48 while in 2020 the country was ranked 77 with a score of 45, the data showed.
The score is based on four factors — business interactions with government, anti-bribery deterrence and enforcement, government and civil service transparency, and capacity for civil society oversight, including the role of the media.
India fared better than its neighbors – Pakistan, China, Nepal, and Bangladesh.
Bhutan, meanwhile, secured 48th rank with a score of 37, the data showed.
“China has potentially helped to reduce opportunities for bribe demands by public officials by continuing to streamline its bureaucracy,” TRACE Bribery Risk Matrix said in a statement.
Apart from India, Peru, Jordan, North Macedonia, Colombia and Montenegro also have a score of 45 in the matrix.
