Each year, corruption is estimated to have cost more than 5% of global GDP (US$2.6 trillion)[1]. This estimation could reach up to 25% of GDP in Africa
Each year, corruption is estimated to have cost more than 5% of global GDP (US$2.6 trillion)[1]. This estimation could reach up to 25% of GDP in Africa
Whilst US$94 billion1 is required to meet MDG targets related to education, health and income poverty, an estimated US$ one trillion2 is lost through illicit financial flows every year.
Corruption is estimated to raise the household price of water by as much as 30% and the general price of goods by 20%.
According to IMF, money laundering remains the world third-largest business, worth about $500 billion a year
According to recent estimates, for every US$1 that least Developed Countries (LDCs) receive in official development aid (ODA), an estimated US$10 flows illicitly abroad.