Cyprus vs Faroe Islands: Charges for the use of intellectual property, payments (BoP, current)

Cyprus
17.15 % change on previous year
in 2025
Faroe Islands
18.25 % change on previous year
in 2011
Cyprus rank
47th
Faroe Islands rank
44th

Charges for the use of intellectual property, payments (BoP, current) over time

  • Cyprus
  • Faroe Islands
-1000100200300400198020022025

How they compare

Faroe Islands currently reports 18.25 % change on previous year against 17.15 % change on previous year in Cyprus, a difference of 1.1 % change on previous year.

That makes Faroe Islands's figure about 1.1 times Cyprus's.

The two have swapped places 4 times across 10 shared years of data; in 1999 it was Cyprus ahead.

Cyprus ranks 47th and Faroe Islands ranks 44th of 167 countries.

Cyprus has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Cyprus Faroe Islands Difference Ahead
1990s 17.69 % change on previous year 2.5 % change on previous year 15.19 % change on previous year Cyprus
2000s 22.58 % change on previous year 20.36 % change on previous year 2.22 % change on previous year Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher charges for the use of intellectual property, payments (bop, current), Cyprus or Faroe Islands?
Faroe Islands, at 18.25 % change on previous year against 17.15 % change on previous year in Cyprus as of 2011.
What is the difference in charges for the use of intellectual property, payments (bop, current) between Cyprus and Faroe Islands?
1.1 % change on previous year, with Faroe Islands ahead.
How many years of comparable data are there for Cyprus and Faroe Islands?
10 years are reported by both, from 1999 to 2008.
How do Cyprus and Faroe Islands rank globally for charges for the use of intellectual property, payments (bop, current)?
Cyprus ranks 47th and Faroe Islands ranks 44th of 167 countries.
Where does this data come from?
Statizoid (derived), published as Charges for the use of intellectual property, payments (BoP, current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Faroe Islands: Charges for the use of intellectual property, payments (BoP, current). Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/charges-for-the-use-of-intellectual-property-payments-bop-current-us-annual-growth-rate/cyprus/faroe-islands/

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About this data

Indicator
Charges for the use of intellectual property, payments (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
214 places, 7,355 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Charges for the use of intellectual property, payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.