Corruption Perception Index 2017 Released
Transparency International has released the results of their 2017 rating of perceived corruption of countries around the world – the Corruption Perception Index (CPI). CPI’s values are provided between 0 and 100 with a higher score indicating a lower level of corruption.
A CPI value lower than 50 is used by some companies as an indicator of “high” risk of illegally logged wood at the country of harvest level. Some companies also use this value as an indicator to apply special attention to governmental documentation which may be forged.
There is very little movement in the CPI ratings between 2016 and 2017. New Zealand maintains its first place as the “cleanest” country in the world with a CPI of 89/100. Australia is 13th with a CPI of 79/100.
Of significance for some importers - Italy has a CPI of 50 for the first time since 2007. Malaysia’s CPI moved down to 47 from 49 on 2016 and 50 in 2015. The 2017 CPIs for all countries can be accessed here