The Index on Property Rights Protection study measures how private property is protected in 125 countries, representing 97.5% of global GDP and 93.4% of the world population. The Index is produced by the Property Rights Alliance, an international coalition of 131 think tanks spread over 73 countries, among which is Competere.

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Competere, in partnership with the Property Rights Alliance, an international research and advocacy organization dedicated to protecting and promoting innovation, is proud to release the 17th edition of the International Property Rights Index (IPRI) on September 27th. The Index is the only global, comparative index that ranks the strength of property rights, both physical and intellectual, as well as the legal and political environments that contain them.

The average score of the sample of 125 countries in the 2023 IPRI is 5.21 (Max: 8.10; Min: 1.90). 83.3% of the global population lives in 81 countries with an IPRI between 2.9 and 5.7. About half of the sample population (47.3%) lives in 27 countries with a middle score of this index, [4.8-5.7]. 

Overall, the average global score of the IPRI, including all its components, reversed its downward trend after four years in a row, increasing by .37%. Due to the improvement of the Intellectual Property Rights (IPR) (aprox 2%), there was a slight increase this year. Unfortunately, the other two components – Legal and Political Environment (LP) and Physical Property Rights (PPR) – continue to decline. Though IPR have improved, there needs to be further government support to increase LP and PPR as well. As a result, the Property Rights Alliance strongly encourages strengthening property rights in order to protect individual liberty and promote innovation.

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