Paraguay: Property rights

The latest value from 2024 is 45 points, a decline from 47 points in 2023. In comparison, the world average is 54 points, based on data from 180 countries. Historically, the average for Paraguay from 1995 to 2024 is 36 points. The minimum value, 30 points, was reached in 1998 while the maximum of 50 points was recorded in 1995. See the global rankings for that indicator or use the country comparator to compare trends over time.

The property rights index for Paraguay 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 Paraguay 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.