Faroe Islands vs Sierra Leone: Charges for the use of intellectual property, payments

Faroe Islands
9.08 million BoP, current US$
in 2011
Sierra Leone
7.73 million BoP, current US$
in 2024
Faroe Islands rank
125th
Sierra Leone rank
128th

Charges for the use of intellectual property, payments over time

  • Faroe Islands
  • Sierra Leone
02.0M4.0M6.0M8.0M10.0M199820112024

How they compare

Faroe Islands currently reports 9.08 million BoP, current US$ against 7.73 million BoP, current US$ in Sierra Leone, a difference of 1.35 million BoP, current US$.

That makes Faroe Islands's figure about 1.2 times Sierra Leone's.

Across all 9 years both countries report, Faroe Islands has been ahead every year.

Faroe Islands ranks 125th and Sierra Leone ranks 128th of 171 countries.

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

Head to head by decade

Decade Faroe Islands Sierra Leone Difference Ahead
2000s 5.91 million BoP, current US$ 593,677 BoP, current US$ 5.31 million BoP, current US$ Faroe Islands
2010s 8.38 million BoP, current US$ 368,698 BoP, current US$ 8.01 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, Faroe Islands or Sierra Leone?
Faroe Islands, at 9.08 million BoP, current US$ against 7.73 million BoP, current US$ in Sierra Leone as of 2011.
What is the difference in charges for the use of intellectual property, payments between Faroe Islands and Sierra Leone?
1.35 million BoP, current US$, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Sierra Leone?
9 years are reported by both, from 2003 to 2011.
How do Faroe Islands and Sierra Leone rank globally for charges for the use of intellectual property, payments?
Faroe Islands ranks 125th and Sierra Leone ranks 128th of 171 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Charges for the use of intellectual property, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Sierra Leone: Charges for the use of intellectual property, payments. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 12 September 2026, from https://economy.statizoid.com/compare/charges-for-the-use-of-intellectual-property-payments-bop-current-us/faroe-islands/sierra-leone/

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<a href="https://economy.statizoid.com/compare/charges-for-the-use-of-intellectual-property-payments-bop-current-us/faroe-islands/sierra-leone/">Faroe Islands vs Sierra Leone: Charges for the use of intellectual property, payments</a> — Statizoid

About this data

Indicator
Charges for the use of intellectual property, payments (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
218 places, 7,763 data points, 1960–2025
Last refreshed

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.