How corruption affects businesses around the world, in 5 charts
This post first appeared on The World Bank’s Governance for Development Blog.
We know corruption in developing countries affects poor people the most. It also impacts firms in many ways.
Here are five charts showing how corruption is affecting businesses from South Asia to Sub-Saharan Africa.
These charts are based on surveys of more than 13,000 firms in 135 countries, by World Bank Enterprise Surveys. It collects data directly from firms to study an economy’s private sector.
Over 50% of companies in Middle East and North Africa identify corruption as a major constraint
1 in 4 companies in South Asia are expected to give “gifts” to get an operating license
Almost half of firms in South Asia are expected to give “gifts” to secure a government contract
1 in 3 firms are expected to give “gifts” to get a construction permit in East Asia and Pacific
Everyday corruption can seem almost impossible to fight. Check out this video to find out 10 ways you could fight corruption.
Publication does not imply endorsement of views by the World Economic Forum.
To keep up with the Agenda subscribe to our weekly newsletter.
Author: Ravi Kumar is a Digital Strategist with the Governance Global Practice at the World Bank Group
Image: A worker arrives at his office. REUTERS/Eddie Keogh
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Stay up to date:
Corruption
Related topics:
The Agenda Weekly
A weekly update of the most important issues driving the global agenda
You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.
More on Economic GrowthSee all
Sonia Ben Jaafar
November 22, 2024