10 Countries With Highest Black Money Outflows

# Indonesia:

With $109 billion as illicit financial outflows in Indonesia, the country is ranked number ninth internationally.

# India:

India is commonly referred to as one of the fastest growing economies. The country’s illicit financial outflow between 2001 and 2010 is $123 billion.

# Nigeria:

Nigeria being the most populous country in Africa has a cumulative illicit financial outflow of $129 billion between 2001 and 2010.

# Saudi Arabia:

Saudi Arabia has a total of $210 billion as its collective illicit financial outflow between 2001 and 2010.

# Malaysia

Malaysia is known for its multi-ethnic and cultural environment which largely influences politics. The country is ranked number three with unlawful finances of $285 billion.

# Mexico:

With about $476 billion as unlawful financial outflow, the country is ranked number two for its illegal fiscal outflows worldwide.

# China:

China is ranked as the number one country for its illicit financial outflows. The country’s illicit financial outflows between 2001 and 2010 were $2.74 trillion.

There are many other nations who have illicit money way greater than the Gross Domestic Product of the nation. In the wake of India’s efforts to curb black market, the world nations are actively collaborating which sends a positive message to the people across the world.

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