The Philippines ranked 85th out of 175 countries in a global survey on corruption perception this year, improving by nine notches from its rank a year ago.
The “Corruption Perceptions Index” released by Transparency International showed that the Philippines got a score of 38, just like India, Peru and Thailand. The scoring was based on corruption perception in the surveys it conducts worldwide.
The scores range from 1 or “very clean” to 100 or “highly corrupt.”
In the Southeast Asia, the report showed that the Philippines outperformed its neighbors such as Indonesia (107th), Vietnam (119th), Laos (145th) and Cambodia and Myanmar (both at 156th).
The central bank welcomed the report, saying it recognizes the achievement of the Philippines in governance.
“The BSP [Bangko Sentral ng Pilipinas] is one with the government in promoting transparency and accountability, taking these guiding principles strictly in the conduct of its regulatory role over the financial sector,” BSP Governor Amando Tetangco Jr. said.
Denmark, New Zealand and Finland are perceived to be the Top 3 least corrupt countries.
Transparency International noted that two-thirds of all countries scored below 50, indicating the need to further strengthen anti-corruption efforts across the globe.
Sudan, North Korea and Somalia were perceived to be the most corrupt.