Armenia ranks 94th among 174 countries in the Corruption Perceptions Index 2014 released by the Transparency International.

With 37 points from 100 possible Armenia shares the 94th place with Panama, Egypt, Columbia, Gabon and Liberia.

The extent of government corruption in Armenia has practically not changed and remained quite high over the past year, according to the annual global survey released.

Armenia’s neighbors are placed as follows: Georgia – 50th, Turkey – 64th, Azerbaijan – 126th, Russia shares the 136th place with Iran, Nigeria, Lebanon, Cameroon and Kyrgyzstan.

Denmark is in top of the ranking, followed by New Zealand and Finland.

The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).

“A score of less than 50 points means that corruption has a serious negative impact on a country’s development,” Varuzhan Hoktanian, the executive director of Transparency International’s Armenian branch, said as he presented the survey’s findings.

“If we look at the ex-Soviet space, we still lag behind the Baltic states and Georgia but are in a better shape than all other ex-Soviet states, including Ukraine, Moldova and especially the Eurasian Union’s member states,” he told a news conference.

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