South Korea vs Latin America & the Caribbean (IDA & IBRD countries): Charges for the use of intellectual property, receipts (BoP, current)

South Korea
0.0053 BoP, current US$ per US$ of GDP
in 2025
Latin America & the Caribbean (IDA & IBRD countries)
0.0003 BoP, current US$ per US$ of GDP
in 2025
South Korea rank
23rd
Latin America & the Caribbean (IDA & IBRD countries) rank
26th

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

  • South Korea
  • Latin America & the Caribbean (IDA & IBRD countries)
00.0020.0040.006196819962025

How they compare

South Korea currently reports 0.0053 BoP, current US$ per US$ of GDP against 0.0003 BoP, current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.005 BoP, current US$ per US$ of GDP.

That makes South Korea's figure about 15.3 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 7 times across 49 shared years of data; in 1976 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.

South Korea ranks 23rd and Latin America & the Caribbean (IDA & IBRD countries) ranks 26th of 153 countries.

Across the 6 decades both report, South Korea averaged higher in 5 and Latin America & the Caribbean (IDA & IBRD countries) in 1.

Head to head by decade

Decade South Korea Latin America & the Caribbean (IDA & IBRD countries) Difference Ahead
1970s 0.0001 BoP, current US$ per US$ of GDP 0.0003 BoP, current US$ per US$ of GDP 0.0002 BoP, current US$ per US$ of GDP Latin America & the Caribbean (IDA & IBRD countries)
1980s 0.0001 BoP, current US$ per US$ of GDP 0.0001 BoP, current US$ per US$ of GDP 0 BoP, current US$ per US$ of GDP South Korea
1990s 0.0004 BoP, current US$ per US$ of GDP 0.0001 BoP, current US$ per US$ of GDP 0.0003 BoP, current US$ per US$ of GDP South Korea
2000s 0.0019 BoP, current US$ per US$ of GDP 0.0002 BoP, current US$ per US$ of GDP 0.0018 BoP, current US$ per US$ of GDP South Korea
2010s 0.0037 BoP, current US$ per US$ of GDP 0.0003 BoP, current US$ per US$ of GDP 0.0034 BoP, current US$ per US$ of GDP South Korea
2020s 0.0047 BoP, current US$ per US$ of GDP 0.0003 BoP, current US$ per US$ of GDP 0.0043 BoP, current US$ per US$ of GDP South Korea

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), South Korea or Latin America & the Caribbean (IDA & IBRD countries)?
South Korea, at 0.0053 BoP, current US$ per US$ of GDP against 0.0003 BoP, current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
What is the difference in charges for the use of intellectual property, receipts (bop, current) between South Korea and Latin America & the Caribbean (IDA & IBRD countries)?
0.005 BoP, current US$ per US$ of GDP, with South Korea ahead.
How many years of comparable data are there for South Korea and Latin America & the Caribbean (IDA & IBRD countries)?
49 years are reported by both, from 1976 to 2025.
How do South Korea and Latin America & the Caribbean (IDA & IBRD countries) rank globally for charges for the use of intellectual property, receipts (bop, current)?
South Korea ranks 23rd and Latin America & the Caribbean (IDA & IBRD countries) ranks 26th 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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South Korea vs Latin America & the Caribbean (IDA & IBRD countries): 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/korea-rep/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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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.