Benin vs Faroe Islands: Charges for the use of intellectual property, receipts

Benin
1.05 million BoP, current US$
in 2021
Faroe Islands
1.18 million BoP, current US$
in 2011
Benin rank
113th
Faroe Islands rank
110th

Charges for the use of intellectual property, receipts over time

  • Benin
  • Faroe Islands
0500.0k1.0M1.5M199820092021

How they compare

Faroe Islands currently reports 1.18 million BoP, current US$ against 1.05 million BoP, current US$ in Benin, a difference of 130,310 BoP, current US$.

That makes Faroe Islands's figure about 1.1 times Benin's.

The two have swapped places 2 times across 6 shared years of data; in 2001 it was Faroe Islands ahead.

Benin ranks 113th and Faroe Islands ranks 110th of 154 countries.

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

Head to head by decade

Decade Benin Faroe Islands Difference Ahead
2000s 22,858 BoP, current US$ 102,779 BoP, current US$ 79,921 BoP, current US$ Faroe Islands
2010s 2,021 BoP, current US$ 1.15 million BoP, current US$ 1.15 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, receipts, Benin or Faroe Islands?
Faroe Islands, at 1.18 million BoP, current US$ against 1.05 million BoP, current US$ in Benin as of 2011.
What is the difference in charges for the use of intellectual property, receipts between Benin and Faroe Islands?
130,310 BoP, current US$, with Faroe Islands ahead.
How many years of comparable data are there for Benin and Faroe Islands?
6 years are reported by both, from 2001 to 2010.
How do Benin and Faroe Islands rank globally for charges for the use of intellectual property, receipts?
Benin ranks 113th and Faroe Islands ranks 110th of 154 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Charges for the use of intellectual property, receipts (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Benin vs Faroe Islands: Charges for the use of intellectual property, receipts. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/charges-for-the-use-of-intellectual-property-receipts-bop-current-us/benin/faroe-islands/

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About this data

Indicator
Charges for the use of intellectual property, receipts (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
201 places, 6,433 data points, 1962–2025
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.