Iceland Maintains 14th Place on Annual Corruption Index

Iceland is in 14th place on Transparency International’s Annual Corruption Perceptions Index. The newly-released report measures corruption in 180 countries, with Denmark landing first in this year’s rankings and Somalia in last place.

Iceland maintains the same ranking and score it held last year. However, when the last decade is observed, its score has dropped from 82 in 2012 to 74 in 2022. On the scale used by Transparency International, 0 represents “highly corrupt” while 100 represents “very clean.”

Transparency International reports that the global average score has remained unchanged for a decade, at just 43 out of 100. “Despite concerted efforts and hard-won gains by some, 155 countries have made no significant progress against corruption or have declined since 2012.”

The Corruption Perceptions Index (CPI) is the most widely used global corruption ranking in the world. It measures how corrupt each country’s public sector is perceived to be, according to experts and businesspeople. Each country’s score is a combination of at least 3 data sources drawn from 13 different corruption surveys and assessments. These data sources are collected by a variety of reputable institutions, including the World Bank and the World Economic Forum.