Financial Secrecy Index

From Wikipedia, the free encyclopedia
Jump to: navigation, search

The Tax Justice Network’s Financial Secrecy Index highlights places around the world that provide (relatively) safe havens for tax evaders. The index was calculated in 2015 and includes data from 92 countries and territories. By ranking jurisdictions according to both their secrecy, and the scale of their activities, the organization aims to provide a ranking of them in terms of financial secrecy and ability to evade taxes.[1]

Financial Secrecy Index, 2015[edit]

Ninety-two countries and territories were included in the 2015 Financial Secrecy Index.[1]

Rank Country or territory FSI Value Secrecy Score Global Scale Weight
1   Switzerland 1,466.1 73 5.625
2  Hong Kong 1,259.4 72 3.842
3  USA 1,254.7 60 19.603
4  Singapore 1,147.1 69 4.280
5  Cayman Islands 1,013.1 65 4.857
6  Luxembourg 816.9 55 11.630
7  Lebanon 760.2 79 0.377
8  Germany 701.8 56 6.026
9  Bahrain 471.3 74 0.164
10  United Arab Emirates (Dubai) 440.7 77 0.085
11  Macao 420.1 70 0.188
12  Japan 418.3 58 1.062
13  Panama 415.6 72 0.132
14  Marshall Islands 405.5 79 0.053
15  United Kingdom 380.2 41 17.394
16  Jersey 354.0 65 0.216
17  Guernsey 339.3 64 0.231
18  Malaysia (Labuan) 338.7 75 0.050
19  Turkey 320.9 64 0.182
20  China 312.1 54 0.743
21  British Virgin Islands 307.6 60 0.281
22  Barbados 298.3 78 0.024
23  Mauritius 297.0 72 0.049
24  Austria 295.3 54 0.692
25  Bahamas 273.0 79 0.017
26  Brazil 263.6 52 0.678
27  Malta 260.9 50 0.990
28  Uruguay 255.5 71 0.037
29  Canada 251.7 46 1.785
30  Russia 243.2 54 0.397
31  France 241.9 43 3.104
32  Isle of Man 228.5 64 0.068
33  Liberia 218.2 83 0.006
34  Bermuda 217.7 66 0.042
35  Cyprus 213.9 50 0.518
36  Liechtenstein 202.3 76 0.010
37  Ireland 187.4 40 2.313
38  Belgium 181.2 41 1.863
39  Guatemala 177.1 76 0.007
40  Israel 173.7 53 0.166
41  Netherlands 168.3 48 0.322
42  Chile 166.6 54 0.120
43  Saudi Arabia 163.8 61 0.037
44  Australia 148.0 43 0.586
45  India 148.0 39 1.487
46  Philippines 146.0 63 0.020
47  Vanuatu 142.8 87 0.001
48  Ghana 139.1 67 0.010
49  Korea 124.2 44 0.302
50  US Virgin Islands 118.2 69 0.004
51  Samoa 117.5 86 0.001
52  Mexico 117.0 45 0.211
53  Norway 110.6 38 0.731
54  New Zealand 109.3 46 0.129
55  Gibraltar 109.3 67 0.005
56  Sweden 100.8 36 1.006
57  Aruba 99.5 68 0.003
58  Italy 98.6 35 1.218
59  Latvia 92.7 45 0.113
60  Belize 92.4 79 0.001
61  South Africa 90.8 42 0.203
62  Botswana 90.5 71 0.002
63  Anguilla 89.3 69 0.002
64  Saint Vincent and the Grenadines 79.6 78 0.000
65  Antigua & Barbuda 79.5 81 0.000
66  Spain 77.4 33 1.090
67  Costa Rica 74.9 55 0.010
68  Turks and Caicos Islands 72.4 71 0.001
69  Saint Kitts and Nevis 68.4 78 0.000
70  Curacao 67.8 68 0.001
71  Iceland 67.1 46 0.035
72  Seychelles 60.8 71 0.000
73  Slovakia 60.1 50 0.011
74  Macedonia 59.5 66 0.001
75  Poland 57.2 36 0.172
76  Monaco 53.6 74 0.000
77  Estonia 52.9 44 0.023
78  Portugal (Madeira) 52.5 39 0.063
79  Saint Lucia 51.6 83 0.000
80  Brunei 47.4 83 0.000
81  Czech Republic 44.2 35 0.105
82  Grenada 42.1 76 0.000
83  Denmark 38.2 31 0.219
84  Hungary 37.3 36 0.052
85  Greece 37.2 36 0.046
86  San Marino 33.2 70 0.000
87  Andorra 27.3 77 0.000
88  Slovenia 22.4 34 0.019
89  Dominica 21.3 76 0.000
90  Finland 19.4 31 0.025
91  Cook Islands 17.8 76 0.000
92  Montserrat 10.8 67 0.000
  Independent countries (plus one associated state) under the jurisdiction of the Judicial Committee of the Privy Council

Dominica abandoned the JCPC in March 2015

See also[edit]

Notes and references[edit]

  1. ^ a b "Financial Secrecy Index - 2015 Results". Tax Justice Network. November 2, 2015.