Corruption Perceptions Index (CPI)
The Corruption Perceptions Index (CPI) is a measure of corruption by Transparency International which ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and business people It uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean. The Bahamas has stagnated in the past few years, scoring and ranking essentially the same over the past 3 years.
For a full profile of Corruption in The Bahamas from Transparency International clink here: https://www.
65
/100
CPI Score
29th
of 180 countries
Global Rank
6th
of 32 countries
Regional Rank
Global Corruption Barometer
The Global Corruption Barometer, by Transparency International, measures how citizens feel about corruption in their country. Here is how we rank compared to other countries in the region:
8th highest
of 18 countries
Bribery
3rd highest
of 18 countries
Trust In Government
16th highest
of 18 countries
Fear of Reprisal in Reporting Corrruption
How much is corruption costing us every year?
We don’t measure or estimate how much we lose to corruption every year so the real answer to this question is we simply don’t know. However, other countries that have scored similarly to The Bahamas on corruption measures such as the Corruption Perceptions Index, International Country Risks Guide, and the Control of Corruption Indicator, have collected data and generally estimate their losses between 4%-8% of their GDP due to corruption. If Corruption only costs us 4% of annual GDP that is still $497 million every year! What could we do with 497 million?
- Renovate every single government school in the country (at $3 million per school)!
- Pay the arrears for every Bahamian with an outstanding electricity bill three times over!
More importantly this hits your pocket. According to the above educated guess on GDP impact, corruption costs each Bahamian about $1250 per year. That may not seem like much but it adds up to over $93,000 over the course of a lifetime… what could YOU do with an extra $93,000?