Vanuatu: Property rights

* indicates monthly or quarterly data series

Property rights index (0-100)

 Latest value 60
 Year 2023
 Measure points
 Data availability 2009 - 2023
 Average 51
 Min - Max 40 - 68
 Source The Heritage Foundation
For that indicator, we provide data for Vanuatu from 2009 to 2023. The average value for Vanuatu during that period was 51 points with a minimum of 40 points in 2009 and a maximum of 68 points in 2018. The latest value from 2023 is 60 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
Vanuatu - Property rights - recent values

Historical chart
Vanuatu - Property rights - historical chart - 2009-2023

The property rights index for Vanuatu 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 Vanuatu 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 60 2023 points
 Freedom from corruption 46 2023 points
 Fiscal freedom 95 2023 points
 Business freedom 50 2023 points
 Labor freedom 40 2023 points
 Monetary freedom 73.80 2023 points
 Trade freedom 60 2023 points
 Investment freedom 65 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 62 2023 index points
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