Cayman Islands vs Latvia: Charges for the use of intellectual property, receipts (BoP, current)

Cayman Islands
0.0004 BoP, current US$ per US$ of GDP
in 2024
Latvia
0.0004 BoP, current US$ per US$ of GDP
in 2025
Cayman Islands rank
66th
Latvia rank
69th

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

  • Cayman Islands
  • Latvia
00.0010.0020.003199620102025

How they compare

Cayman Islands currently reports 0.0004 BoP, current US$ per US$ of GDP against 0.0004 BoP, current US$ per US$ of GDP in Latvia, a difference of 0 BoP, current US$ per US$ of GDP.

That makes Cayman Islands's figure about 1.1 times Latvia's.

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

Cayman Islands ranks 66th and Latvia ranks 69th of 153 countries.

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

Head to head by decade

Decade Cayman Islands Latvia Difference Ahead
2010s 0.002 BoP, current US$ per US$ of GDP 0.0003 BoP, current US$ per US$ of GDP 0.0017 BoP, current US$ per US$ of GDP Cayman Islands
2020s 0.0021 BoP, current US$ per US$ of GDP 0.0003 BoP, current US$ per US$ of GDP 0.0018 BoP, current US$ per US$ of GDP Cayman Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher charges for the use of intellectual property, receipts (bop, current), Cayman Islands or Latvia?
Cayman Islands, at 0.0004 BoP, current US$ per US$ of GDP against 0.0004 BoP, current US$ per US$ of GDP in Latvia as of 2024.
What is the difference in charges for the use of intellectual property, receipts (bop, current) between Cayman Islands and Latvia?
0 BoP, current US$ per US$ of GDP, with Cayman Islands ahead.
How many years of comparable data are there for Cayman Islands and Latvia?
9 years are reported by both, from 2016 to 2024.
How do Cayman Islands and Latvia rank globally for charges for the use of intellectual property, receipts (bop, current)?
Cayman Islands ranks 66th and Latvia ranks 69th of 153 countries.
Where does this data come from?
Statizoid (derived), published as Charges for the use of intellectual property, receipts (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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Cayman Islands vs Latvia: Charges for the use of intellectual property, receipts (BoP, current). Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/charges-for-the-use-of-intellectual-property-receipts-bop-current-us-per-unit-of-gdp/cayman-islands/latvia/

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About this data

Indicator
Charges for the use of intellectual property, receipts (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
200 places, 6,418 data points, 1962–2025
Last refreshed

Charges for the use of intellectual property, receipts (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.