Singapore is ranked as the 5th least corrupt country in 2023 is a testament to its strong commitment to transparency and good governance. Such rankings reflect positively on the country’s institutions, business environment, and overall integrity.
Singapore has consistently maintained a reputation for low corruption levels, which contributes to its attractiveness as a global business hub. This accomplishment underscores the effectiveness of its anti-corruption measures and the importance placed on maintaining a fair and accountable society. It’s an achievement that reflects well on Singapore’s reputation on the international stage.
Transparency International Corruption Perceptions Index 2023
- Denmark (90 points)
- Finland (87)
- New Zealand (85)
- Norway (84)
- Singapore (83)
- Sweden (82)
- Switzerland (82)
- Netherlands (79)
- Germany (78)
- Luxembourg (78)
According to the most recent Transparency International Corruption Perceptions Index, Denmark is once again the least corrupt country, with Singapore being the sole Asian country in the top 10.
Singapore has once again solidified its standing as the fifth least corrupt nation globally, as reported by the Transparency International Corruption Perceptions Index. Maintaining an impressive track record, Singapore stands as the sole Asian representative consistently securing a spot in the top 10 since the index’s inaugural publication in 1995. While achieving the third position in 2018 and 2020, and fourth in 2019 and 2021, the nation has now settled in the fifth position for both 2022 and 2023.
This index meticulously assesses and ranks countries based on their perceived levels of corruption within the public sector, assigning scores on a scale ranging from 0 (indicating high corruption) to 100 (signifying a clean and transparent environment). Singapore’s consistent presence among the least corrupt nations underscores its ongoing dedication to upholding transparency and ethical governance practices on the global stage.
According to a press release by the Corrupt Practices Investigation Bureau (CPIB) on Tuesday (Jan 30), the data for Singapore’s corruption ranking is derived from expert opinions and surveys conducted among business professionals. The bureau highlighted that information was gathered from a comprehensive compilation of 13 external sources.
In the Corruption Perceptions Index for 2023, Singapore maintained its score of 83, mirroring the previous year’s performance. The CPIB emphasized that Singapore’s corruption landscape is “firmly under control,” emphasizing the sustained low occurrence of corruption cases within the public sector. This affirmation underscores the nation’s ongoing commitment to effectively manage and mitigate corruption risks.
The Corrupt Practices Investigation Bureau (CPIB) affirmed the robustness of national anti-corruption endeavors, citing regular Public Perception Surveys as a testament to the public’s strong confidence in these efforts.
In a broader context, CPIB shared supplementary corruption-related rankings, revealing that Singapore secured the third position for the absence of corruption in the World Justice Project Rule of Law Index 2023. This noteworthy achievement positioned Singapore as the leading Asian nation among 142 countries evaluated in the index. The accolade reinforces the nation’s commitment to upholding the rule of law and further solidifies its reputation for effective anti-corruption measures on both the domestic and global fronts.
In the 2023 Report on Corruption in Asia conducted by the Political and Economic Risk Consultancy (PERC), Singapore showcased exceptional performance, securing the top position among 16 economies evaluated.
CPIB emphasized that Singapore’s standing as one of the world’s least corrupt nations is a result of diligent efforts. The Bureau expressed its commitment to collaborating with the community to prevent corruption.
CPIB underscored its serious approach to any reports or information disclosing potential corruption offenses, regardless of whether the informant is identified or anonymous. The bureau reaffirmed its dedication to working collectively to ensure that the intrinsic value of incorruptibility remains an integral part of the Singaporean identity. This commitment reflects the ongoing effort to maintain Singapore’s reputation for transparency and ethical governance.
