Outflow of ''dirty'' money from Azerbaijan since 2002 to 2011 amounted to $ 17 billion
About $17 billion of capital of dubious origin was exported from Azerbaijan between 2002 and 2011, the study of the International Institute of Global Financial Integrity reports.
On average during this period annual outflow of money from the country amounted to $ 1.7 billion. According to this index, which includes 144 countries, Azerbaijan is on the 44th place in the rating of the organization.
The study showed that between 2002 and 2011 about $6 trillion was stolen from the developing countries. The major exporters of illicit capital were rated China ($ 107.56 billion), Russia ($ 88.10 billion), Mexico ($ 46.19 bln.), Malaysia ($ 37.04 billion), India ($ 34.39 bln.).
In 2011, the losses of the developing countries have increased by 13.7% to $ 946.7 billion compared to 2010, the document says. And the "champion" of the illegal outflow of capital in 2011 became Russia ($191.14 billion).