5 Most Corrupt Countries in the World Heading into 2024

4. Bolivarian Republic of Venezuela

CPI Index Score: 14

Venezuela is a South American country with a GDP per capita of $3,052. This is despite the fact that Venezuela has the largest known oil reserves in the world, but the country does not sell most of its oil in the world. Corruption has led to significant political turmoil in the country, and even though the current Bolivarian government took power with promises to root out the evil, it has also been accused of siphoning away Venezuela’s oil revenue offshore. Corruption has also led to the country playing a dominant role in drug trafficking in its region.