Iceland: Property rights

* indicates monthly or quarterly data series
 Iceland

Property rights index (0-100)

 Latest value 97
 Year 2024
 Measure points
 Data availability 1997 - 2024
 Average 90
 Min - Max 85 - 97
 Source The Heritage Foundation
For that indicator, we provide data for Iceland from 1997 to 2024. The average value for Iceland during that period was 90 points with a minimum of 85 points in 2017 and a maximum of 97 points in 2022. The latest value from 2024 is 97 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
Iceland - Property rights - Recent values chart

Historical chart
Iceland - Property rights - historical chart - 1997-2024




The property rights index for Iceland 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 Iceland 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.

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 Related indicators Latest value Reference Measure
 Property rights 97 2024 points
 Freedom from corruption 84 2024 points
 Fiscal freedom 11 2024 points
 Business freedom 87 2024 points
 Labor freedom 68 2024 points
 Monetary freedom 73.40 2024 points
 Trade freedom 81 2024 points
 Investment freedom 80 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 71 2024 index points
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