For that indicator, we provide data for Barbados from 1996 to 2022. The average value for Barbados during that period was 75 points with a minimum of 50 points in 1996 and a maximum of 90 points in 2001.
The latest value from 2022 is 73 points. For comparison, the world average in 2022 based on 175
countries is 55 points.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
The property rights index for Barbados from The Heritage Foundation reflects the ability of individuals to accumulate private property, secured by clear laws that are fully enforced by the state. It also measures the likelihood of expropriation in Barbados as well as the extent of corruption in the judiciary and the enforcement of contracts.
Definition: The property rights index measures the degree to which a country’s laws protect private property rights and the degree to which its government enforces those laws. It also assesses the likelihood that private property will be expropriated and analyzes the independence of the judiciary, the existence of corruption within the judiciary, and the ability of individuals and businesses to enforce contracts. Higher index values denote more certain legal protection of property.