Somalia leads the 10 most corrupt countries in the world, followed by South Sudan, North Korea, Syria, Yemen, Sudan, Libya, Afghanistan, Guinea-Bissau and Venezuela according to Transparency International’s latest annual review.
Somalia has held the undesirable title as the world’s most corrupt country for the past 10 years. Transparency International uses a mix of business and government sources for its rankings.
These countries have a “vicious circle between corruption, unequal distribution of power in society and unequal distribution of wealth,” the report said
Transparency’s ranking has become a benchmark gauge of perceptions of corruption and is used by analysts and investors.