A report showed $6.2 billion have been illegally taken out of Armenia as a result of government corruption, tax evasion and other illicit financial dealings in 2002-2011, Asbarez reported.

The report “Illicit Financial Flows from Developing Countries: 2002-2011,” published by Global Financial Integrity suggest that  developing nations have lost some $6 trillion in illegal financial outflows.

Armenia has been ranked 71th, while Azerbaijan in 44th with an estimated $17 billion in illegal outflows. Topping the list are China and Russia respectively. Armenia’s neighbor to the north, Georgia, was ranked 78th with $4.5 billion in such funds.