North Korea: Property rights

* indicates monthly or quarterly data series
 North Korea

Property rights index (0-100)

 Latest value 16
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 12
 Min - Max 5 - 32
 Source The Heritage Foundation
For that indicator, we provide data for North Korea from 1995 to 2024. The average value for North Korea during that period was 12 points with a minimum of 5 points in 2009 and a maximum of 32 points in 2017. The latest value from 2024 is 16 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
North Korea - Property rights - Recent values chart

Historical chart
North Korea - Property rights - historical chart - 1995-2024

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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 Related indicators Latest value Reference Measure
 Property rights 16 2024 points
 Freedom from corruption 4 2024 points
 Fiscal freedom 0 2024 points
 Business freedom 5 2024 points
 Labor freedom 5 2024 points
 Monetary freedom 0.00 2024 points
 Trade freedom 0 2024 points
 Investment freedom 0 2024 points
 Financial freedom 0 2024 points
 Economic freedom, overall index 3 2024 index points
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