Financial Secrecy Index 2011

2011 Results

RANK	Secrecy Jurisdiction	FSI - Value	Secrecy Score	Global Scale Weight
1	Switzerland	1879.2	78	0.061
2	Cayman Islands	1646.7	77	0.046
3	Luxembourg	1621.2	68	0.131
4	Hong Kong	1370.7	73	0.042
5	USA	1160.1	58	0.208
6	Singapore	1118.0	71	0.031
7	Jersey	750.1	78	0.004
8	Japan	693.6	64	0.018
9	Germany	669.8	57	0.046
10	Bahrain	660.3	78	0.003
11	British Virgin Islands	617.9	81	0.002
12	Bermuda	539.9	85	0.001
13	United Kingdom	516.5	45	0.200
14	Panama	471.5	77	0.001
15	Belgium	467.2	59	0.012
16	Marshall Islands	457.0	90	0.000
17	Austria	453.5	66	0.004
18	United Arab Emirates (Dubai)	439.6	79	0.001
19	Bahamas	431.1	83	0.000
20	Cyprus	406.5	58	0.010
21	Guernsey	402.3	65	0.003
22	Lebanon	397.3	82	0.000
23	Macao	389.8	83	0.000
24	Canada	366.2	56	0.009
25	India	344.0	53	0.013
26	Uruguay	331.0	78	0.000
27	Malaysia (Labuan)	319.3	77	0.000
28	Korea	317.2	54	0.009
29	Liberia	316.9	81	0.000
30	Barbados	266.6	79	0.000
31	Ireland	264.2	44	0.030
32	Mauritius	261.6	74	0.000
33	Philippines	253.9	73	0.000
34	Liechtenstein	239.2	81	0.000
35	Italy	231.2	49	0.008
36	Isle of Man	230.4	65	0.001
37	Israel	230.3	58	0.002
38	Turks & Caicos Islands	218.9	90	0.000
39	Netherlands	199.7	49	0.005
40	Belize	198.4	90	0.000
41	Costa Rica	177.2	77	0.000
42	Guatemala	174.8	81	0.000
43	Gibraltar	174.6	78	0.000
44	Ghana	146.8	79	0.000
45	Andorra	133.6	73	0.000
46	Netherlands Antilles	129.4	83	0.000
47	Aruba	124.9	74	0.000
48	Denmark	121.7	40	0.008
49	Botswana	121.3	79	0.000
50	Portugal (Madeira)	119.4	51	0.001
51	US Virgin Islands	104.2	68	0.000
52	St Vincent & Grenadines	100.9	78	0.000
53	Spain	98.8	34	0.016
54	Malta	98.6	48	0.001
55	Seychelles	95.0	88	0.000
56	Hungary	94.8	47	0.001
57	Latvia	88.9	45	0.001
58	Antigua & Barbuda	88.5	82	0.000
59	St Lucia	78.7	89	0.000
60	Maldives	78.5	92	0.000
61	Grenada	57.6	83	0.000
62	Montserrat	50.1	86	0.000
63	Brunei Darussalam	45.8	84	0.000
64	Monaco	37.7	75	0.000
65	Anguilla	36.0	79	0.000
66	St Kitts & Nevis	31.2	81	0.000
67	San Marino	30.9	79	0.000
68	Samoa	27.5	85	0.000
69	Vanuatu	14.3	88	0.000
70	Cook Islands	13.4	75	0.000
71	Dominica	12.5	80	0.000
NA	Nauru	0	93	NA
NA	France*	0	NA	0.008

*Temporarily withdrawn pending legal interpretation