Serbia: Property rights

* indicates monthly or quarterly data series

Property rights index (0-100)

 Latest value 59
 Year 2023
 Measure points
 Data availability 2002 - 2023
 Average 45
 Min - Max 30 - 59
 Source The Heritage Foundation
For that indicator, we provide data for Serbia from 2002 to 2023. The average value for Serbia during that period was 45 points with a minimum of 30 points in 2002 and a maximum of 59 points in 2022. The latest value from 2023 is 59 points. For comparison, the world average in 2023 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
Serbia - Property rights - recent values

Historical chart
Serbia - Property rights - historical chart - 2002-2023

The property rights index for Serbia 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 Serbia 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.

 Related indicators Latest value Reference Measure
 Property rights 59 2023 points
 Freedom from corruption 38 2023 points
 Fiscal freedom 74 2023 points
 Business freedom 74 2023 points
 Labor freedom 68 2023 points
 Monetary freedom 78.60 2023 points
 Trade freedom 76 2023 points
 Investment freedom 70 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 64 2023 index points
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