Barbados: Property rights

* indicates monthly or quarterly data series

Property rights index (0-100)

 Latest value 72
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 75
 Min - Max 50 - 90
 Source The Heritage Foundation
For that indicator, we provide data for Barbados from 1996 to 2024. 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 2024 is 72 points. For comparison, the world average in 2024 based on 180 countries is 54 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Barbados - Property rights - Recent values chart

Historical chart
Barbados - Property rights - historical chart - 1996-2024

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.

 Related indicators Latest value Reference Measure
 Property rights 72 2024 points
 Freedom from corruption 68 2024 points
 Fiscal freedom 56 2024 points
 Business freedom 73 2024 points
 Labor freedom 56 2024 points
 Monetary freedom 77.70 2024 points
 Trade freedom 44 2024 points
 Investment freedom 60 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 67 2024 index points
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