Venezuela Ranks as the Second Most Corrupt Country in the World, New Study Shows

Venezuela ranks once again as the most corrupt country in Latin America, and becomes the second most corrupt country in the world, a new study shows. (Credit: AFP)

Global corruption is thriving now more than ever, and most Latin American countries are leading the way in this emerging trend, a new study by Transparency International concluded. Venezuela, which has continuously ranked in the lowest positions in regards to global freedom and democracy, ranked second-to-last in this list, remaining the most corrupt country in Latin America.

The 2023 Corruption Perceptions Index (CPI) study has been showing a global decline in justice and the rule of law since 2016. In fact, most countries are largely failing to stop corruption, Transparency International argues.