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The level of corruption is increasing in the world, TI said.

"This year's results highlight the connection between corruption and inequality, which feed off each other to create a vicious circle between corruption, unequal distribution of power in society, and unequal distribution of wealth."

Read alsoAnti-corruption agency announces second round of e-declaration in UkraineUkraine ranked 131st among 176 countries in the World Ranking of Corruption Perception and shared this result with a rate of 29 points together with Russia, Kazakhstan, Iran, and Nepal.

Over two-thirds of the 176 countries and territories in this year's index fall below the midpoint of TI's scale of 0 (highly corrupt) to 100 (very clean).

"The global average score is a paltry 43, indicating endemic corruption in a country's public sector," the report says.

Top-scoring countries (yellow in the map below) are far outnumbered by orange and red countries where citizens face the tangible impact of corruption on a daily basis.

As UNIAN reported earlier, Vice President of the United States Joe Biden during his recent Kyiv visit urged the Ukrainian authorities to strengthen the newly-created anti-corruption agencies in order to root out "cronyism and kleptocracy".