Bribery and corruption in Mexico costs the economy up to $114 Billion a year. The economic impact from corruption is equal to 10 percent of the country’s GDP. Between 1970 and 2010, Mexico lost an estimated $872 Billion to corruption, tax evasion and other types of criminal activities.
According to a study conducted by Hong Kong Baptist University, companies around the world increased their market value by an average of $11 for every $1 that the company paid in bribes to government officials. The study focused on 166 cases of bribery at public companies and found that the average amount of the bribe paid was $2.5 Million.
Back in 2005, the World Bank reported that up to $1 Million a day was being paid out in bribes across Romania. The high level of corruption has affected the country’s health care industry, with the Associated Press reporting that nurses expect cash payments in order to change bed sheets and to put in drips.
In March 2012, there were at least 78 corporations in the United States that were under active investigation by the U.S. Attorney Generals Office for possible violations of anti-bribery laws.
According to a Chinese investigative reporter, local officials pay between $475 to $792 (3,000 to 5,000 Yuan) to remove petition complaints from citizens. These complaints are filled in Beijing and complaints are used to judge whether to promote a local official.
A study by a researcher at Hanoi University of Pharmacy reported that between 40 to 60 percent of the drug prices in Vietnam is due to the amount of bribes being paid to doctors to prescribe the drug.
A study by the University of Illinois found that the federal district court covering the city of Chicago had the most public corruption convictions in the country.
Corruption caused the country of Indonesia to lose up to $238 Million (2.13 Trillion Indonesian Rupiah) in 2011.
Fraud, corruption and black market smuggling of fuel leads to an estimated loss of $4 Billion a year in Nigeria, according to a legislative committee. 59 million liters of fuel is discharged from vessels across the country, yet only 35 million liters are consumed, leading to 24 million liters being smuggled out of the country.
The United Nations Office on Drugs and Crime reports that insurgents in Afghanistan receive up to 10 percent of the…