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Bulgaria ranked 55th in the annual global corruption report

Date: 21.10.2005

Bulgaria occupies the 55th place in the annual global corruption report prepared by Transparency International.

Bulgaria, shares the 55th position with countries like Columbia, Fiji and the Seychelles. On a perceptions scale of 10 to 0 (10 indicating most honest and 0 most corrupt) the four countries have coefficient of 4,0, which reflects the level of corruption in the country.

More than two-thirds of the 159 nations surveyed scored less than 5 out of 10, when ranked by business people, experts and analysts on their perceptions of bribery and misuse of public office.

Chad and Bangladesh topped the list of the world's most corrupt nations among a slew of military dictatorships and West African oil exporters, the annual survey by Transparency International showed.

After Chad and Bangladesh, the three next worst nations are Haiti, Myanmar and Turkmenistan, which each scored 1.8 on the index. Haiti had the lowest ranking in the index last year, when it ranked equal with Bangladesh.

At the other end of the scale, five of the world's 10 least corrupt nations were Scandinavian. Finland and New Zealand ranked equal second-best after Iceland. Denmark, Singapore, Sweden and Switzerland were next best, all scoring more than 9 out of 10.

Transparency International draws on up to 16 sources, including the World Bank and World Economic Forum, to come up with its composite annual Corruption Perceptions Index, and needs at least three sources for a country to be included. The 2005 index includes 13 more countries than last year's.

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