Namibia: Property rights

* indicates monthly or quarterly data series
 Namibia

Property rights index (0-100)

 Latest value 64
 Year 2024
 Measure points
 Data availability 1997 - 2024
 Average 50
 Min - Max 30 - 70
 Source The Heritage Foundation
The latest value from 2024 is 64 points, unchanged from 64 points in 2023. In comparison, the world average is 54 points, based on data from 180 countries. Historically, the average for Namibia from 1997 to 2024 is 50 points. The minimum value, 30 points, was reached in 2005 while the maximum of 70 points was recorded in 1997. 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 data
Namibia - Property rights - Recent values chart

Historical series
Namibia - Property rights - historical chart - 1997-2024




The property rights index for Namibia 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 Namibia 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 Reference Measure
 Property rights 64 2024 points
 Freedom from corruption 51 2024 points
 Fiscal freedom 10 2024 points
 Business freedom 56 2024 points
 Labor freedom 63 2024 points
 Monetary freedom 75.70 2024 points
 Trade freedom 72 2024 points
 Investment freedom 65 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 58 2024 index points
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