Jamaica: Property rights

* indicates monthly or quarterly data series

Property rights index (0-100)

 Latest value 66
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 54
 Min - Max 40 - 70
 Source The Heritage Foundation
For that indicator, we provide data for Jamaica from 1995 to 2023. The average value for Jamaica during that period was 54 points with a minimum of 40 points in 2011 and a maximum of 70 points in 1996. The latest value from 2023 is 66 points. For comparison, the world average in 2023 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
Jamaica - Property rights - recent values

Historical chart
Jamaica - Property rights - historical chart - 1995-2023

The property rights index for Jamaica 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 Jamaica 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 66 2023 points
 Freedom from corruption 49 2023 points
 Fiscal freedom 83 2023 points
 Business freedom 68 2023 points
 Labor freedom 64 2023 points
 Monetary freedom 75.10 2023 points
 Trade freedom 70 2023 points
 Investment freedom 70 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 68 2023 index points
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