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Sri Lanka Ranks 87 in TRACE Bribery Risk Matrix 2020.

Sri Lanka Ranks 87 in TRACE Bribery Risk Matrix 2020.

The TRACE Bribery Risk Matrix (TRACE Matrix) measures business bribery risk in 194 countries, territories, and autonomous and semi-autonomous regions. The overall country risk score is a combined and weighted score of four domains: Business Interactions with Government; Anti-Bribery Deterrence and Enforcement; Government and Civil Service Transparency; and Capacity for Civil Society Oversight, including the role of the media. The domain scores are derived from nine subdomains. The TRACE Matrix was originally developed in 2014 in collaboration with RAND Corporation. It is updated annually by TRACE.

Sri Lanka is placed at 87th position in the TRACE Bribery Risk Matrix 2020. Sri Lanka has achieved a score of 47 in a global list that measures business bribery risks of 2020. 

North Korea, Turkmenistan, South Sudan, Venezuela and Eritrea had the highest commercial bribery risk. Denmark, Norway, Finland, Sweden and New Zealand showed the lowest bribery risk.

About TRACE Matrix:

The TRACE Matrix list is released by TRACE International, an anti-bribery standard-setting organisation, which measures business bribery risk in 194 countries, territories, and autonomous and semi-autonomous regions.

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