Costa Rica

Property Rights Index - Costa Rica Compared to Continent

Footnote

Sort: Alphabetically  |  Ascending Rank  |  Descending Rank

Venezuela	10
Bolivia	25
Nicaragua	25
Argentina	30
Ecuador	30
Guatemala	30
Honduras	30
Panama	30
Paraguay	30
Colombia	40
Guyana	40
Peru	40
Brazil	50
Costa Rica	50
El Salvador	50
Mexico	50
Suriname	50
Uruguay	70
Chile	90

 

 

Costa Rica: 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

 

Costa Rica does not publish house price statistics. The Banco Central de Costa Rica has general statistics on production, employment, business confidence, the country’s fiscal position, etc. The Instituto Nacional de Estadística y Censos has rather basic web pages. The Ministerio de Hacienda de la Republica de Costa Rica has quite a creditable-looking set of pages, but some of the actual data is very old.