“It’s estimated that corruption saps between 2 to 5 percent of global GDP [gross domestic product].”
Joe Biden
President. remarks at the opening of the Indo-Pacific Economic Framework for Prosperity, Tokyo. Claim dated 23 May 2022.
Washington Post rated thisTwo Pinocchios
What Washington Post found
The statistics cited by Biden have a dubious origin.
Their words, from the summary they publish with the rating.
In short
Joe Biden (President) made this claim around 23 May 2022. Washington Post (United States) looked into it and published its finding on 24 May 2022, 1 day later. Its rating was “Two Pinocchios”.
Joe Biden has 509 checked claims in this archive. Fact-checking organisations rated 140 of them false or fake, 281 misleading or mixed and 34 true.
Where the claim appeared
Links recorded by Washington Post. Some posts may have been deleted since.
This check was done by Washington Post, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.