September 8, 2015
Christine Clough, PMP
Washington, DC, September 8, 2015 – Analysis of illicit financial flows (IFFs) in the poorest nations shows that from 2008 – 2012 IFFs swamped national education spending in many countries. The IFF/Education Spending ratios (see below) give an indication of the problem some countries will face in achieving Sustainable Development Goals #4. GFI President Raymond Baker said that the UN commitment to “substantially reduce” IFFs in target 16.4 “is a welcome advance in the fight to curtail the damage illicit flows inflict on children around the globe.”
| Rank | Country | Ratio | |||
| 1 | Togo | 2435.9% | |||
| 2 | Liberia | 1649.3% | |||
| 3 | Zambia | 1314.3% | |||
| 4 | Vanuatu | 842.4% | |||
| 5 | Chad | 555.9% | |||
| 6 | Guyana | 511.5% | |||
| 7 | Samoa | 471.6% | |||
| 8 | Nicaragua | 423.1% | |||
| 9 | Paraguay | 361.0% | |||
| 10 | Lao People’s Democratic Republic | 359.8% | |||
| 11 | Armenia, Republic of | 335.9% | |||
| 12 | Malawi | 315.3% | |||
| 13 | Solomon Islands | 254.0% | |||
| 14 | Ethiopia | 245.0% | |||
| 15 | Congo, Republic of | 235.2% | |||
| 16 | Gambia, The | 230.4% | |||
| 17 | Nepal | 228.8% | |||
| 18 | Cote d’Ivoire | 224.8% | |||
| 19 | Lesotho | 204.1% | |||
| 20 | Mali | 177.9% | |||
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