Property Rights Index in Lithuania compared to Europe

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Albania 54
Austria 86
Belarus 51
Belgium 83
Bosnia & H. 41
Bulgaria 63
Croatia 65
Cyprus 75
Czech Rep. 70
Denmark 87
Estonia 83
Finland 91
France 85
Germany 83
Greece 53
Hungary 60
Iceland 85
Ireland 86
Italy 75
Latvia 73
Lithuania 73
Luxembourg 86
Macedonia 67
Malta 68
Moldova 50
Montenegro 58
Netherlands 87
Norway 87
Poland 61
Portugal 73
Romania 64
Russia 48
Serbia 50
Slovak Rep. 69
Slovenia 75
Spain 71
Sweden 89
Switzerland 87
Turkey 61
UK 94
Ukraine 41

Lithuania: Property rights index

A subcomponent of the Index of Economic Freedom, the property rights index measures the degree to which a countrys 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

Lithuania does not publish an official house price or rents time-series. The real estate firm Inreal published annual prices and rents for Vilnius from 1998-2007. Ober Haus, another private firm, publishes monthly average apartment prices in Vilnius and a monthly apartment price index for Lithuania's 5 largest cities. General economics statistics for Lithuania are published by the Bank of Lithuania and the Statistikos Departamentas, which keeps construction and stock of dwellings figures, but no house prices or rents.