Philippines: Property rights

For that indicator, we provide data for the Philippines from 1995 to 2022. The average value for the Philippines during that period was 44 points with a minimum of 30 points in 2004 and a maximum of 70 points in 1996. The latest value from 2022 is 47 points. For comparison, the world average in 2022 based on 175 countries is 55 points. See the global rankings for that indicator or use the country comparator to compare trends over time.

The property rights index for the Philippines 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 the Philippines 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.