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Property Rights Index - Sri Lanka Compared to Continent
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Sri Lanka: Property rights index
A subcomponent of the Index of Economic Freedom, 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.
Higher scores are more desirable, i.e. property rights are better protected. Scores are from 0 to 100.
The index 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.
The Global Property Guide considers protection of property rights as a significant factor affecting the desirability of a residential real estate investment.
Source: The Heritage Foundation and the Wall Street Journal
Sri Lanka does not have official house price statistics. The Central Bank of Sri Lanka has a monthly housing approval index, and general economics statistics.
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