6 charts showing the impact of corruption

At times, I ask my friends in Nepal, why they would not launch a business, especially when they have funds. A common obstacle for everyone is that they say you have to bribe government officials to even open a business.

Turns out, this isn’t unique to Nepal. According to Drivers of Corruption, a report recently published by the World Bank, developing countries are generally more affected by corruption than other countries.

Here are six charts that show firms’ experiences with corruption around the world. These charts are based on surveys of more than 13,000 firms in 135 countries, by World Bank Enterprise Surveys.

Check out these charts and tell us if you are surprised.

This article is published in collaboration with The World Bank’s Governance for Development Blog. Publication does not imply endorsement of views by the World Economic Forum.

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Author: Ravi Kumar is a Digital Strategist with the Governance Global Practice at the World Bank Group in Washington, D.C.

Image: A gambler counts out cash while making a proposition bet on Super Bowl XLV at the Las Vegas Hilton in Las Vegas, Nevada January 27, 2011. REUTERS/Las Vegas Sun/Steve Marcus.