Faroe Islands vs Low & middle income: Charges for the use of intellectual property, payments (BoP, current)

Faroe Islands
186.99 BoP, current US$ per person
in 2011
Low & middle income
15.7 BoP, current US$ per person
in 2025
Faroe Islands rank
28th
Low & middle income rank
25th

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

  • Faroe Islands
  • Low & middle income
050100150200196019922025

How they compare

Faroe Islands currently reports 186.99 BoP, current US$ per person against 15.7 BoP, current US$ per person in Low & middle income, a difference of 171.29 BoP, current US$ per person.

That makes Faroe Islands's figure about 11.9 times Low & middle income's.

Across all 14 years both countries report, Faroe Islands has been ahead every year.

Faroe Islands ranks 28th and Low & middle income ranks 25th of 171 countries.

Faroe Islands has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Faroe Islands Low & middle income Difference Ahead
1990s 63.12 BoP, current US$ per person 1.21 BoP, current US$ per person 61.92 BoP, current US$ per person Faroe Islands
2000s 104.02 BoP, current US$ per person 3.34 BoP, current US$ per person 100.68 BoP, current US$ per person Faroe Islands
2010s 172.37 BoP, current US$ per person 6.75 BoP, current US$ per person 165.63 BoP, current US$ per person Faroe Islands

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), Faroe Islands or Low & middle income?
Faroe Islands, at 186.99 BoP, current US$ per person against 15.7 BoP, current US$ per person in Low & middle income as of 2011.
What is the difference in charges for the use of intellectual property, payments (bop, current) between Faroe Islands and Low & middle income?
171.29 BoP, current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Low & middle income?
14 years are reported by both, from 1998 to 2011.
How do Faroe Islands and Low & middle income rank globally for charges for the use of intellectual property, payments (bop, current)?
Faroe Islands ranks 28th and Low & middle income ranks 25th of 171 countries.
Where does this data come from?
Statizoid (derived), published as Charges for the use of intellectual property, payments (BoP, current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Low & middle income: 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-per-capita/faroe-islands/low-and-middle-income/

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About this data

Indicator
Charges for the use of intellectual property, payments (BoP, current US$), per capita
Unit
BoP, current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
218 places, 7,763 data points, 1960–2025
Last refreshed

Charges for the use of intellectual property, payments (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.