Iceland vs Venezuela: Charges for the use of intellectual property, payments (BoP, current)
Iceland
0.002 BoP, current US$ per US$ of GDP
in 2025
Venezuela
0.0023 BoP, current US$ per US$ of GDP
in 2016
Iceland rank
88th
Venezuela rank
85th
Charges for the use of intellectual property, payments (BoP, current) over time
- Iceland
- Venezuela
How they compare
Venezuela currently reports 0.0023 BoP, current US$ per US$ of GDP against 0.002 BoP, current US$ per US$ of GDP in Iceland, a difference of 0.0003 BoP, current US$ per US$ of GDP.
That makes Venezuela's figure about 1.2 times Iceland's.
Across all 8 years both countries report, Iceland has been ahead every year.
Iceland ranks 88th and Venezuela ranks 85th of 170 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.0035 BoP, current US$ per US$ of GDP | 0.0011 BoP, current US$ per US$ of GDP | 0.0025 BoP, current US$ per US$ of GDP | Iceland |
| 2010s | 0.0052 BoP, current US$ per US$ of GDP | 0.0017 BoP, current US$ per US$ of GDP | 0.0035 BoP, current US$ per US$ of GDP | Iceland |
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), Iceland or Venezuela?
- Venezuela, at 0.0023 BoP, current US$ per US$ of GDP against 0.002 BoP, current US$ per US$ of GDP in Iceland as of 2016.
- What is the difference in charges for the use of intellectual property, payments (bop, current) between Iceland and Venezuela?
- 0.0003 BoP, current US$ per US$ of GDP, with Venezuela ahead.
- How many years of comparable data are there for Iceland and Venezuela?
- 8 years are reported by both, from 2009 to 2016.
- How do Iceland and Venezuela rank globally for charges for the use of intellectual property, payments (bop, current)?
- Iceland ranks 88th and Venezuela ranks 85th of 170 countries.
- Where does this data come from?
- Statizoid (derived), published as Charges for the use of intellectual property, payments (BoP, current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Charges for the use of intellectual property, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.