Latin America: Economic Freedom Rating, 5-Yr Change

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Venezuela	-18.00%
Bolivia	-17.18%
Brazil	-11.80%
Panama	-5.48%
Nicaragua	-4.26%
Colombia	-3.53%
Costa Rica	-3.41%
El Salvador	-3.22%
Guatemala	-2.93%
Uruguay	-2.52%
Argentina	-2.07%
Guyana	-1.83%
Peru	-1.70%
Honduras	-0.28%
Mexico	1.58%
Ecuador	2.44%
Paraguay	3.95%
Chile	5.02%
Suriname	14.79%

Latin America: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a countrys score on the Heritage Foundations freedom index are calculated by the Global Property Guide to produce a 5-point rating:

• Greatly Improved
• Improved
• Nuetral
• Worse
• Much Worse

Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal

Statistics in Latin America. The entire Latin American region has weak statistics, and house prices are a particularly weak area. The only house price time-series are in Colombia and Uruguay.