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Top 10 Countries With Highest Illegal Money Outflows (offshore Accounts) - Politics - Nairaland

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Top 10 Countries With Highest Illegal Money Outflows (offshore Accounts) by ochallo: 7:33am On Oct 29, 2014
10.United Arab Emirates

Black Money: $107 billion
GDP: $258.825 billion (2011)
Per capita: $48,158
GDP Growth +4.9% per year
Business Tax Rate: 14.9%
Currency Name: UAE dirham (AED)



9.Indonesia

Motto: Unity In Diversity
Black Money: $109 billion
GDP: $1.124 trillion (2011)
Per capita: $4,666
Currency: Rupiah (Rp) (IDR)
GDP Growth: 6.5% per year
Business Tax Rate: 34.5%



8.India

Motto: Truth Alone Triumphs
Black Money: $123 billion
GDP: $4.457 trillion (2011)
Per capita: $3,693
Currency: Indian rupee (INR)
GDP Growth: 6.5% per year
Business Tax Rate: 61.8%


7.Nigeria

Motto: Unity and Faith, Peace and Progress
Black Money: $129 billion
GDP: $413.402 billion (2011)
Per capita: $2,578
Currency: Naira (NGN)
GDP Growth: +6.7% per year
Business Tax Rate: 33.8%


6.Philippines

Motto: For God, People, Nature, and Country
Black Money: $138 billion
GDP: $411.903 billion (2012)
Per capita: $4,214
Currency: Peso (Filipino: piso) (PHP)
GDP Growth: +3.7% per year
Business Tax Rate: 46.6%



5.Russia

Black Money: $152 billion
GDP: $3.015 trillion (2011)
Per capita: $21,246
Currency: Russian ruble (RUB)
GDP Growth: +3.9% per year
Business Tax Rate: 54.1%


4.Saudi Arabia

Motto: There is no god but Allah; Muhammad is the messenger of God
Black Money: $210 billion
GDP: $733.143 billion (2012)
Per capita: $25,465
Currency: Saudi riyal (SR) (SAR)
GDP Growth: +5.51% per year
Business Tax Rate: 14.5%



3.Malaysia

Motto: Unity Is Strength
Black Money: $285 billion
GDP: $472.942 billion (2012)
Per capita: $16,186
Currency: Ringgit (RM) (MYR)
GDP Growth: +4.6% per year
Business Tax Rate: 24.5%



2.Mexico

Black Money: $476 billion
GDP: $1,661 trillion (2011)
Per capita: $14,609
Currency: Peso (MXN)
GDP Growth: +3.7% per year
Business Tax Rate: 52.5%



1.China

Black Money: $2740 billion
GDP: $12.382 trillion (2012)
Per capita: $9,146
GDP Growth: +8.6% per year
Currency: Renminbi (yuan) (¥) (CNY)
Business Tax Rate: 63.7%

Source: http://netjuicy.com/countries-with-highest-illegal-money-outflows/
Re: Top 10 Countries With Highest Illegal Money Outflows (offshore Accounts) by ochallo: 7:40am On Oct 29, 2014
by the time you add the $20 billion dollars, it becomes $149 billion and then we would be at number 6

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Re: Top 10 Countries With Highest Illegal Money Outflows (offshore Accounts) by Gbolask24(m): 8:00am On Oct 29, 2014
If you are still buying foreign products like that your
device that you are using currently at that price that
you bought it, then give me your 5 minutes and I will
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Re: Top 10 Countries With Highest Illegal Money Outflows (offshore Accounts) by ochallo: 10:33am On Oct 29, 2014
we should not be importing what our money was used to make, we should get our money, make things and export
Re: Top 10 Countries With Highest Illegal Money Outflows (offshore Accounts) by iamodenigbo1(m): 11:39am On Oct 29, 2014
7 is a good number

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