North Korea: Property rights

(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series

North Korea: Property rights index (0-100)

: For that indicator, we provide data for North Korea from 1995 to 2020. The average value for North Korea during that period was 11 points with a minimum of 5 points in 2009 and a maximum of 32 points in 2017. The latest value from 2020 is 20 points. For comparison, the world average in 2020 based on 183 countries is 57 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The property rights index for North Korea 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 North Korea 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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