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Visualizing Corruption Around the World

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Visualizing Corruption Around the World

Visualizing Corruption Around the World

Growing levels of public sector corruption can stifle a country’s economic growth while also chipping away at political freedom.

Which parts of the world are perceived to be most corrupt – and further, how does this data differ between regions, and how has it trended over time?

The Corruption Perception Index (CPI)

Today’s chart pulls its numbers from the recent 2018 Corruption Perceptions Index report, which has been published by Transparency International annually since 1995. The report scores 180 countries, and is considered the world’s most widely-used barometer for corruption.

However, before we dive in to the data, it’s worth taking a quick look at the methodology behind the report:

Methodology:

  • The CPI attempts to measure perceptions about corruption in a country, rather than corruption itself
  • Specifically, it is focused on the public sector of countries, which includes governments and government-run institutions
  • The CPI is a composite index, using the results from 13 separate reports and surveys to calculate an overall score
  • Scores range from 0 (most corrupt) to 100 (most clean)

Finally, it’s also worth noting that in the chart, we’ve added in government types as rated by the Economist Intelligence Unit – they range from “Full Democracy” to “Autocratic Regime”.

The Most and Least Corrupt Places

What do experts and businesspeople see as the most and least corrupt global regions?

RegionAverage Score (CPI)
Western Europe & EU66
Americas44
Asia Pacific44
Middle East & North Africa39
Eastern Europe & Central Asia35
Sub-Saharan Africa32
Global43

Western Europe has the highest score on average, while Sub-Saharan Africa has the lowest (most corrupt) average score. The Americas ranks just above the global average score of 43, mainly because the average is skewed by the lower scores of many countries in Latin America (such as Venezuela) and the Caribbean (such as Haiti).

Now, let’s look at the top 10 countries overall:

RankCountryScore (CPI)Government typeRegion
#1Denmark88Full democracyWestern Europe & EU
#2New Zealand87Full democracyAsia Pacific
#3Finland85Full democracyWestern Europe & EU
#3Singapore85Flawed democracyAsia Pacific
#3Sweden85Full democracyWestern Europe & EU
#3Switzerland85Full democracyWestern Europe & EU
#7Norway84Full democracyWestern Europe & EU
#8Netherlands82Full democracyWestern Europe & EU
#9Canada81Full democracyAmericas
#9Luxembourg81Full democracyWestern Europe & EU

Here’s also a look at the world’s 20 most populous countries:

Most Populous Countries

As the report notes, the relation between democracy and corruption appears to be quite clear: the more democratic a regime is, the less corrupt it is perceived to be. Using the Economist Intelligence Unit rankings, there are no “Hybrid” or “Autocratic” regimes that come anywhere near the top 10.

The closest may be the U.A.E. – which is classified as an Autocratic Regime – which has a CPI score of 70, good for 23rd place globally.

Trends Over Time

Over the last seven years, the report notes that there were a few specific countries that have consistently trended in one direction or another.

Hungary: The country has seen a -9 point change to its CPI score since 2012, dropping to 46 points in total. That’s just a notch above the global average.

Turkey: Turkey’s rating has deteriorated from 49 to 41 over the 2012-2018 time period.

Argentina: The South American nation has seen its score rise by eight points over the 2012-2018 time period.

Guyana: Guyana has gained nine points – a significant improvement over its original score of 28 at the start of that time period.

What will be the next country to jump up (or down) the list – and what factors will lead to this change in perception?

Note: The color-coding on the map has been updated to better reflect CPI scores. Ukraine was incorrectly classified as an Autocratic Regime.

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Economy

The Most Valuable Companies in Major EU Economies

From semiconductor equipment manufacturers to supercar makers, the EU’s most valuable companies run the gamut of industries.

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A cropped map of the most valuable company in every major EU economy, by their market capitalization on April 15th, 2024. Data is in current USD.

Most Valuable Companies in the EU, by Country

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In this graphic, we mapped out the most valuable corporations in 11 major EU economies, based on their market capitalizations as of April 15th, 2024. All figures are in USD, and were sourced from Companiesmarketcap.com.

Novo Nordisk is currently worth more than $550 billion, making it Europe’s most valuable company by a wide margin. The pharmaceutical giant specializes in diabetes and weight-loss drugs. Demand for two of them, Ozempic and Wegovy, has surged due to their weight-loss capabilities, even causing nationwide shortages in the United States.

The following table includes an expanded list of the most valuable publicly-traded company in larger EU economies. Many of these were not included in the graphic due to space limitations.

CountryCompanySectorMarket Cap
🇩🇰 Denmark💊 Novo NordiskPharmaceuticals$562B
🇫🇷 France👜 LVMHLuxury Goods$422B
🇳🇱 Netherlands🔧 ASMLSemiconductor Equipment$382B
🇩🇪 Germany💼 SAPEnterprise Software$214B
🇮🇪 Ireland🖥️ AccentureIT Services$197B
🇪🇸 Spain👗 InditexRetail$147B
🇧🇪 Belgium🍻 Anheuser-Busch InBevBeverages$116B
🇸🇪 Sweden🛠️ Atlas CopcoIndustrial Equipment$80B
🇮🇹 Italy🏎️ FerrariAutomotive$76B
🇫🇮 Finland🏦 Nordea BankBanking$40B
🇦🇹 Austria🔌 Verbund AGEnergy$26B
🇱🇺 Luxembourg🏗️ TenarisOil & Gas Equipment$22B
🇨🇿 Czech Republic💡 CEZ GroupEnergy$20B
🇵🇱 Poland⛽ PKN OrlenEnergy$20B
🇵🇹 Portugal🔌 EDP GroupEnergy$16B
🇬🇷 Greece🏦 EurobankBanking$7B
🇭🇺 Hungary⛽ MOL GroupEnergy$7B
🇭🇷 Croatia🏦 Zagrebacka BankaBanking$6B
🇷🇴 Romania⛽ RomgazEnergy$4B
🇸🇮 Slovenia💊 KrkaPharmaceuticals$4B

Note: Figures are rounded and last updated on April 15th, 2024. Countries with top publicly-traded companies worth under $4 billion are excluded.

Luxury supergiant LVMH—which owns brands like Tiffany, Christian Dior, and TAG Heuer to name a few—is Europe’s second largest company by market cap, at $420 billion.

Rounding out the top three is ASML, which produces equipment crucial to chip manufacturers, worth $380 billion.

ℹ️ The 🇬🇧 UK’s most valuable company is Shell ($232B).

When looking at the region, there is a vast disparity between EU member states and their most valuable companies.

For example, as mentioned earlier, Denmark’s Novo Nordisk and France’s LVMH are worth between $400-550 billion each. Meanwhile, some countries don’t even have a single publicly-listed company that is worth over $1 billion.

In fact, only 12 EU countries (less than half of the union) are home to the top 100 most valuable companies within the bloc. An additional four countries are represented if you look at the list of the top 200 companies.

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