Nigeria: Property rights

* indicates monthly or quarterly data series
 Nigeria

Property rights index (0-100)

 Latest value 25
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 34
 Min - Max 22 - 50
 Source The Heritage Foundation
For that indicator, we provide data for Nigeria from 1995 to 2024. The average value for Nigeria during that period was 34 points with a minimum of 22 points in 2022 and a maximum of 50 points in 1995. The latest value from 2024 is 25 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
Nigeria - Property rights - Recent values chart

Historical chart
Nigeria - Property rights - historical chart - 1995-2024




The property rights index for Nigeria 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 Nigeria 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 25 2024 points
 Freedom from corruption 22 2024 points
 Fiscal freedom 44 2024 points
 Business freedom 43 2024 points
 Labor freedom 74 2024 points
 Monetary freedom 63.20 2024 points
 Trade freedom 68 2024 points
 Investment freedom 45 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 53 2024 index points
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