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

Faroe Islands
0.0036 BoP, current US$ per US$ of GDP
in 2011
Romania
0.0034 BoP, current US$ per US$ of GDP
in 2025
Faroe Islands rank
59th
Romania rank
62nd

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

  • Faroe Islands
  • Romania
00.0010.0020.0030.0040.005199420092025

How they compare

Faroe Islands currently reports 0.0036 BoP, current US$ per US$ of GDP against 0.0034 BoP, current US$ per US$ of GDP in Romania, a difference of 0.0002 BoP, current US$ per US$ of GDP.

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

The two have swapped places 2 times across 14 shared years of data; in 1998 it was Faroe Islands ahead.

Faroe Islands ranks 59th and Romania ranks 62nd of 170 countries.

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

Head to head by decade

Decade Faroe Islands Romania Difference Ahead
1990s 0.0025 BoP, current US$ per US$ of GDP 0.0008 BoP, current US$ per US$ of GDP 0.0018 BoP, current US$ per US$ of GDP Faroe Islands
2000s 0.0027 BoP, current US$ per US$ of GDP 0.0016 BoP, current US$ per US$ of GDP 0.0011 BoP, current US$ per US$ of GDP Faroe Islands
2010s 0.0035 BoP, current US$ per US$ of GDP 0.0026 BoP, current US$ per US$ of GDP 0.0009 BoP, current US$ per US$ of GDP 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 Romania?
Faroe Islands, at 0.0036 BoP, current US$ per US$ of GDP against 0.0034 BoP, current US$ per US$ of GDP in Romania as of 2011.
What is the difference in charges for the use of intellectual property, payments (bop, current) between Faroe Islands and Romania?
0.0002 BoP, current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Romania?
14 years are reported by both, from 1998 to 2011.
How do Faroe Islands and Romania rank globally for charges for the use of intellectual property, payments (bop, current)?
Faroe Islands ranks 59th and Romania ranks 62nd of 170 countries.
Where does this data come from?
Statizoid (derived), published as Charges for the use of intellectual property, payments (BoP, current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Romania: 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-unit-of-gdp/faroe-islands/romania/

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About this data

Indicator
Charges for the use of intellectual property, payments (BoP, current US$), per unit of GDP
Unit
BoP, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
217 places, 7,741 data points, 1960–2025
Last refreshed

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