Trace International: Georgia ranks 29th in world in business corruption index

Georgia ranks 29th of 194 counties in a Business Bribery Risk Index 2021, while in 2020 the country ranked 28th in the list, Trace International reports. 

The country risk score is calculated based on four domains: 

• Business interactions with government
• Anti-bribery deterrence and enforcement
• Government and civil service transparency
• Capacity for civil society oversight (including role of media)

The Institute for Development of Freedom of Information (IDFI) reports that the business corruption index in Georgia has deteriorated since 2017 by three points.

• TI Georgia points at ‘impres­sively low levels’ of petty cor­rup­tion, ‘near total impunity’ for elite corruption

Business Bribery Risk Index in Georgia. Image: IDFI.

The lowest risk of corruption in business at the international level is in Denmark, while the highest risk was detected in North Korea. 

The leading countries with the lowest business bribery risks are Denmark, Norway, Sweden, Finland, New Zealand, Germany, Netherlands, Switzerland, United Kingdom and Canada.

???? According to TRACE International's new Business Bribery Risk Index, Georgia lost one point and moved down in the ranking. ???? https://t.co/mia6IpZwBl@TRACECOLOMBIA pic.twitter.com/ZrHL1u54wn

— IDFI (@IDFIGeorgia) November 18, 2021