Charges for the use of intellectual property, payments (BoP, current) in Bermuda
Bermuda: Charges for the use of intellectual property, payments (BoP, current) was -10.28 % change on previous year in 2023. ◆ Volatile
Charges for the use of intellectual property, payments (BoP, current) in Bermuda, 2007–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, charges for the use of intellectual property, payments (bop, current) in Bermuda stood at -10.28 % change on previous year.
The figure is up 30.3% on the previous year and down 261.5% over ten years.
Over the whole period, charges for the use of intellectual property, payments (bop, current) in Bermuda peaked at 47.24 % change on previous year in 2009 and was at its lowest, -37.53 % change on previous year, in 2019.
That places Bermuda 138th out of 167 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Charges for the use of intellectual property, payments (BoP, current) in Bermuda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | -1.91 % change on previous year | — |
| 2008 | 37.57 % change on previous year | -2061.8% |
| 2009 | 47.24 % change on previous year | +25.7% |
| 2010 | -5.59 % change on previous year | -111.8% |
| 2011 | 12.55 % change on previous year | -324.3% |
| 2012 | 3.81 % change on previous year | -69.6% |
| 2013 | 6.37 % change on previous year | +67.1% |
| 2014 | 7.61 % change on previous year | +19.5% |
| 2015 | -26.94 % change on previous year | -454.1% |
| 2016 | -1.55 % change on previous year | -94.3% |
| 2017 | -4.38 % change on previous year | +183.4% |
| 2018 | -13.6 % change on previous year | +210.6% |
| 2019 | -37.53 % change on previous year | +175.9% |
| 2020 | -26.27 % change on previous year | -30.0% |
| 2021 | -5.75 % change on previous year | -78.1% |
| 2022 | -14.76 % change on previous year | +156.6% |
| 2023 | -10.28 % change on previous year | -30.3% |
Bermuda compared with similar countries
- Bermuda's -10.28 % change on previous year is below the median for high income countries, which is 10.44 % change on previous year. (64 countries reporting)
Biggest year-on-year movements
Years where Charges for the use of intellectual property, payments (BoP, current) in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +2061.8% | -1.91 % change on previous year | 37.57 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.63 % change on previous year | -1.91 % change on previous year | 47.24 % change on previous year | 3 |
| 2010s | -5.93 % change on previous year | -37.53 % change on previous year | 12.55 % change on previous year | 10 |
| 2020s | -14.27 % change on previous year | -26.27 % change on previous year | -5.75 % change on previous year | 4 |
Countries ranked near Bermuda
- 135 Ghana -7.28 % change on previous year compare
- 136 Curacao -9.37 % change on previous year compare
- 137 Belgium -10.01 % change on previous year compare
- 139 Hong Kong -11.85 % change on previous year compare
- 140 Slovakia -12.24 % change on previous year compare
- 141 Philippines -13.82 % change on previous year compare
More economy & growth data for Bermuda
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 117.84 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (2024)
- General government final consumption expenditure (current LCU) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 15,245 current US$ per person (2024)
- General government final consumption expenditure (current US$), per 0.1072 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Bermuda?
- Charges for the use of intellectual property, payments (bop, current) in Bermuda was -10.28 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, payments (bop, current) recorded in Bermuda?
- The highest recorded value was 47.24 % change on previous year in 2009.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Bermuda?
- The lowest recorded value was -37.53 % change on previous year in 2019.
- How does Bermuda rank for charges for the use of intellectual property, payments (bop, current)?
- Bermuda ranks 138th out of 167 countries with data for 2023.
- Is charges for the use of intellectual property, payments (bop, current) rising or falling in Bermuda?
- Over the last ten years it is down 261.5%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Charges for the use of intellectual property, payments (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Charges for the use of intellectual property, payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Charges for the use of intellectual property, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Charges for the use of intellectual property, payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.