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Nicaragua

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Property Rights Index - Nicaragua Compared to Continent

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

 

 

Nicaragua: 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

 

Nicaragua has no house price statistics. The site of the Central Bank (Banco Central de Nicaragua) has quite good time-series, monthly and annual. Statistics are also published by the Instituto Nacional de Estadísticas y Censos, but the site is somewhat eccentric, with many time-series apparently broken into two, 1990-1999, and 200-2002 – and data only available in pdf format. There is also some statistical material in report format on the Ministerio de Economía y Finanzas site.




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