Transparency International published its 2005 Corruption Perception Index way back in October, but Forbes is finally giving it coverage:

By international standards, 72 of 158 nations monitored by Transparency International and a German-based think tank at the University of Passau are deemed corrupt. They range from the tiny military dictatorship of Myanmar to some of the world’s largest countries–Russia and Indonesia. …

Africa is clearly the most seriously corrupt region, since nine of the 16 most seriously corrupt nations are on that continent, with Chad occupying the No. 1 spot. In 2002, the African Union estimated that the continent was losing $150 billion a year to corruption, and things haven’t improved much since. Two of the 16 members of the current most-corrupt list are former Soviet republics, Turkmenistan and Tajikistan, while three are in Asia and two are in Latin America.

Slide Show: Most Corrupt Nations

Actually, Transparency International thinks it is even more serious:

More than two-thirds of the 159 nations surveyed in Transparency International’s 2005 Corruption Perceptions Index (CPI) scored less than 5 out of a clean score of 10, indicating serious levels of corruption in a majority of the countries surveyed. …

“Corruption is a major cause of poverty as well as a barrier to overcoming it,” said Transparency International Chairman Peter Eigen. “The two scourges feed off each other, locking their populations in a cycle of misery. Corruption must be vigorously addressed if aid is to make a real difference in freeing people from poverty.”

Here are the entries from the top and bottom of the list:

Technorati Tags: Corruption,
Poverty,
War on Poverty.