---
title: "10 Interesting facts about corruption in the world"  
description: "Corruption is a serious issue that affects countries all around the world. It can take many forms and can have devastating effects on a country's economy."  
author: "Babita Soni"  
published: 2023-03-14  
canonical: https://yourviews.mindstick.com/story/2015/10-interesting-facts-about-corruption-in-the-world  
category: "corruption"  
tags: ["economy"]  
reading_time: 2 minutes  

---

# 10 Interesting facts about corruption in the world

![10 Interesting facts about corruption in the world](https://yourviews.mindstick.com/stories/685d47fd-1164-4dbf-8292-939fed5a378c/images/73d62090-73fd-485e-ae8a-c02511f04cac.jpeg) ![10 Interesting facts about corruption in the world](https://yourviews.mindstick.com/stories/685d47fd-1164-4dbf-8292-939fed5a378c/images/f19db649-aaea-4f9c-87b7-e39af1f3c1ec.jpeg) The cost of corruption to the global economy is estimated to be over $2.6 trillion annually. ![10 Interesting facts about corruption in the world](https://yourviews.mindstick.com/stories/685d47fd-1164-4dbf-8292-939fed5a378c/images/73b46344-0b89-463e-8531-8615a388aa30.jpeg) Denmark, New Zealand, and Finland are perceived as the least corrupt countries according to Transparency International's Corruption Perception Index. ![10 Interesting facts about corruption in the world](https://yourviews.mindstick.com/stories/685d47fd-1164-4dbf-8292-939fed5a378c/images/7821cf3d-cc39-4103-9a2e-6386eddfe86a.jpeg) Somalia, Syria, and South Sudan are perceived as the most corrupt countries according to the Corruption Perception Index. ![10 Interesting facts about corruption in the world](https://yourviews.mindstick.com/stories/685d47fd-1164-4dbf-8292-939fed5a378c/images/be8e9622-c459-448f-b495-6c7298bb4578.jpeg) World Bank estimates bribery to account for $1.5 trillion to $2 trillion in annual global transactions. ![10 Interesting facts about corruption in the world](https://yourviews.mindstick.com/stories/685d47fd-1164-4dbf-8292-939fed5a378c/images/9ec0ec29-c3f3-44a2-90c1-9162c312cd06.jpeg) The United Nations Convention against Corruption, adopted in 2003, is the first legally binding international anti-corruption instrument. ![10 Interesting facts about corruption in the world](https://yourviews.mindstick.com/stories/685d47fd-1164-4dbf-8292-939fed5a378c/images/48c4fb21-ab27-4798-a3ee-6f1cee92f5a5.jpeg) The United Nations Convention against Corruption, adopted in 2003, is the first legally binding international anti-corruption instrument. ![10 Interesting facts about corruption in the world](https://yourviews.mindstick.com/stories/685d47fd-1164-4dbf-8292-939fed5a378c/images/ff2e0e5e-607c-4632-8999-59c79d92a448.jpeg) UN Convention against Corruption, adopted in 2003, is first binding international anti-corruption instrument. ![10 Interesting facts about corruption in the world](https://yourviews.mindstick.com/stories/685d47fd-1164-4dbf-8292-939fed5a378c/images/fbc63e25-c088-4052-92ec-21288c1426e4.jpeg) Corruption can take many forms, including embezzlement, fraud, nepotism, and bribery. ![10 Interesting facts about corruption in the world](https://yourviews.mindstick.com/stories/685d47fd-1164-4dbf-8292-939fed5a378c/images/ab261f6c-87b1-4938-bfe2-6dfc428de62c.jpeg) Corruption's effects can include economic instability, poverty, and distrust in government institutions.

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Original Source: https://yourviews.mindstick.com/story/2015/10-interesting-facts-about-corruption-in-the-world

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