Dominica vs Faroe Islands: Charges for the use of intellectual property, payments
Charges for the use of intellectual property, payments over time
- Dominica
- Faroe Islands
How they compare
Faroe Islands currently reports 9.08 million BoP, current US$ against 8.26 million BoP, current US$ in Dominica, a difference of 812,710 BoP, current US$.
That makes Faroe Islands's figure about 1.1 times Dominica's.
Across all 14 years both countries report, Faroe Islands has been ahead every year.
Dominica ranks 126th and Faroe Islands ranks 125th of 171 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Dominica | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 268,518 BoP, current US$ | 2.83 million BoP, current US$ | 2.57 million BoP, current US$ | Faroe Islands |
| 2000s | 409,664 BoP, current US$ | 5.01 million BoP, current US$ | 4.60 million BoP, current US$ | Faroe Islands |
| 2010s | 553,026 BoP, current US$ | 8.38 million BoP, current US$ | 7.82 million BoP, current US$ | 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, Dominica or Faroe Islands?
- Faroe Islands, at 9.08 million BoP, current US$ against 8.26 million BoP, current US$ in Dominica as of 2011.
- What is the difference in charges for the use of intellectual property, payments between Dominica and Faroe Islands?
- 812,710 BoP, current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Dominica and Faroe Islands?
- 14 years are reported by both, from 1998 to 2011.
- How do Dominica and Faroe Islands rank globally for charges for the use of intellectual property, payments?
- Dominica ranks 126th and Faroe Islands ranks 125th of 171 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Charges for the use of intellectual property, payments (BoP, current US$). 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 proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.