Iran’s score has decreased from last year, driven by lower scores in freedom from corruption, trade freedom, and labor freedom.
Heavy state interference in many aspects of private economic activity has resulted in economic stagnation in Iran’s non-oil sector and a serious lack of overall economic dynamism. A restrictive business and investment environment continues to hamper private-sector development. More than 500 companies remain state-owned, and privatization has been negligible in the past year.
Transparency International(TI) defines corruption as the abuse of entrusted power for private gain. This definition encompasses corrupt practices in both the public and private sectors. The Corruption Perceptions Index (CPI) ranks countries according to the perception of corruption in the public sector. The CPI is an aggregate indicator that combines different sources of information about corruption, making it possible to compare countries.
Iran has fallen from 141st on the list of 180 countries to 168th – one of the most marked declines.