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How strong are the Property Rights of people in different countries? - Answers

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How strong are the Property Rights of people in different countries?

World Map depicting Property Rights Index

Property rights are vital for establishing an environment of freedom within nations as well as for their economic prosperity. The nations that have strong property rights usually have sound economies. Meanwhile, nations where property rights are weak usually lack in robust and innovative economic markets. Thus establishing a robust property rights system is of prime importance for ushering in economic growth.

To assess the state of property rights in each nation, Washington, D.C. based Property Rights Alliance publishes the International Property Rights Index. The index measures the three main components of a sound property rights system: Legal and Political Environment, Physical Property Rights, and Intellectual Property Rights. The nations are scored according to the strength of their international property rights.

According to the 2017 International Property Rights Index, New Zealand has the strongest property rights. The nation has topped the list with a score of 8.63. The three European nations Finland, Sweden, and Switzerland come next in the list, being quite close to each other with scores of 8.62, 8.60 and 8.561, respectively.

Many other nations including the USA, UK, Canada, and Japan have scored above 8. Middle Eastern countries Qatar and the United Arab Emirates have both scored between 7 and 8.

Meanwhile, there are several countries that have weak property rights and stand at the bottom of the table. These are Zimbabwe, Bangladesh, Pakistan, Ukraine, Burundi, Nigeria etc., having scores less than 4. Yemen stands at the last position with a score of 2.72.

The table below provides score and rank of countries in International Property Rights Index 2017.

Name Score Global Rank
 New Zealand 8.633 1
 Finland 8.626 2
 Sweden 8.608 3
 Switzerland 8.561 4
 Norway 8.533 5
 Luxemburg 8.459 6
 Singapore 8.358 7
 Japan 8.327 8
 Netherlands 8.296 9
 Australia 8.244 10
 Canada 8.179 11
 Denmark 8.158 12
 United Kingdom (UK) 8.129 13
 United States (USA) 8.074 14
 Austria 8.012 15
 Germany 7.959 16
 Ireland 7.872 17
 Belgium 7.839 18
 Hong Kong 7.786 19
 Iceland 7.7 20
 United Arab Emirates 7.483 21
 Qatar 7.348 22
 France 7.336 23
 Taiwan 7.268 24
 Estonia 7.199 25
 South Africa 7 26
 Israel 6.974 27
 Chile 6.926 28
 Malta 6.881 29
 Czech Republic 6.86 30
 Portugal 6.848 31
 Malaysia 6.61 32
 Rwanda 6.508 33
 Korea, Rep 6.495 34
 Spain 6.422 35
 Uruguay 6.412 36
 Slovakia 6.396 37
 Mauritius 6.315 38
 Oman 6.28 39
 Jordan 6.266 40
 Poland 6.253 41
 Bahrain 6.157 42
 Saudi Arabia 6.133 43
 Botswana 6.126 44
 Costa Rica 6.06 45
 Jamaica 6.01 46
 Slovenia 5.994 47
 Hungary 5.992 48
 Italy 5.979 49
 Lithuania 5.918 50
 Panama 5.798 51
 China 5.712 52
 Ghana 5.646 53
 India 5.564 54
 Trinidad And Tobago 5.503 55
 Morocco 5.5 56
 Cyprus 5.447 57
 Brazil 5.434 58
 Sri Lanka 5.39 59
 Greece 5.389 60
 Kuwait 5.38 61
 Colombia 5.354 62
 Latvia 5.341 63
 Philippines 5.331 64
 Peru 5.217 65
 Thailand 5.215 66
 Mexico 5.194 67
 Indonesia 5.167 68
 Uganda 5.102 69
 Tunisia 5.081 70
 Guatemala 5.077 71
 Tanzania 5.051 72
 Romania 5.042 73
 El Salvador 4.945 74
 Senegal 4.942 75
 Nepal 4.941 76
 Vietnam 4.93 77
 Turkey 4.925 78
 Zambia 4.917 79
 Honduras 4.902 80
 Liberia 4.893 81
 Kenya 4.856 82
 Dominican Republic 4.823 83
 Mali 4.814 84
 Bulgaria 4.813 85
 Croatia 4.754 86
 Ethiopia 4.718 87
 Georgia 4.707 88
 Gabon 4.694 89
 Malawi 4.67 90
 Macedonia 4.655 91
 Brunei 4.632 92
 Ecuador 4.627 93
 Mozambique 4.625 94
 Cote D’ivoire 4.587 95
 Benin 4.583 96
 Argentina 4.568 97
 Sierra Leone 4.523 98
 Iran 4.521 99
 Paraguay 4.478 100
 Egypt 4.433 101
 Kazakhstan 4.432 102
 Lebanon 4.331 103
 Cameroon 4.294 104
 Montenegro 4.192 105
 Algeria 4.16 106
 Armenia 4.126 107
 Mauritania 4.091 108
 Madagascar 4.064 109
 Serbia 4.044 110
 Russia 4.043 111
 Nicaragua 3.99 112
 Bolivia 3.971 113
 Nigeria 3.95 114
 Azerbaijan 3.946 115
 Bosnia And Herzegovina 3.917 116
 Chad 3.891 117
 Albania 3.822 118
Democratic Republic of Congo 3.818 119
 Zimbabwe 3.76 120
 Pakistan 3.474 121
 Burundi 3.43 122
 Ukraine 3.424 123
 Moldova 3.178 124
 Bangladesh 3.117 125
 Venezuela 3.057 126
 Yemen 2.728 127

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