Charges for the use of intellectual property, payments (BoP, current) in Cayman Islands
Cayman Islands: Charges for the use of intellectual property, payments (BoP, current) was -1.57 % change on previous year in 2024. ◆ Volatile
Charges for the use of intellectual property, payments (BoP, current) in Cayman Islands, 2017–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for charges for the use of intellectual property, payments (bop, current) in Cayman Islands is -1.57 % change on previous year, measured in 2024.
That represents a change of up 23.0% on the previous year and up 90.3% over ten years.
That places Cayman Islands 119th out of 167 countries with data for 2024, putting it in the middle of the range.
Charges for the use of intellectual property, payments (BoP, current) in Cayman Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2017 | -16.18 % change on previous year | — |
| 2018 | 9.29 % change on previous year | -157.4% |
| 2019 | 0.8214 % change on previous year | -91.2% |
| 2020 | 21.19 % change on previous year | +2479.5% |
| 2021 | 1.85 % change on previous year | -91.3% |
| 2022 | 13.34 % change on previous year | +622.3% |
| 2023 | -2.04 % change on previous year | -115.3% |
| 2024 | -1.57 % change on previous year | -23.0% |
Cayman Islands compared with similar countries
- Cayman Islands's -1.57 % change on previous year is below the median for high income countries, which is 10.44 % change on previous year. (64 countries reporting)
- Cayman Islands's -1.57 % change on previous year is below the median for Latin America & Caribbean, which is 4.73 % change on previous year. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -2.02 % change on previous year | -16.18 % change on previous year | 9.29 % change on previous year | 3 |
| 2020s | 6.55 % change on previous year | -2.04 % change on previous year | 21.19 % change on previous year | 5 |
Countries ranked near Cayman Islands
- 116 North Macedonia -1.12 % change on previous year compare
- 117 Mauritius -1.41 % change on previous year compare
- 118 Senegal -1.49 % change on previous year compare
- 120 Angola -2.25 % change on previous year compare
- 121 New Zealand -2.62 % change on previous year compare
- 122 Malaysia -2.89 % change on previous year compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), per capita 42,674 BoP, current US$ per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2243 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -23,390 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Total reserves (includes gold, current US$), annual growth rate 7.73 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.4092 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Cayman Islands?
- Charges for the use of intellectual property, payments (bop, current) in Cayman Islands was -1.57 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, payments (bop, current) recorded in Cayman Islands?
- The highest recorded value was 21.19 % change on previous year in 2020.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Cayman Islands?
- The lowest recorded value was -16.18 % change on previous year in 2017.
- How does Cayman Islands rank for charges for the use of intellectual property, payments (bop, current)?
- Cayman Islands ranks 119th out of 167 countries with data for 2024.
- Is charges for the use of intellectual property, payments (bop, current) rising or falling in Cayman Islands?
- Over the last ten years it is up 90.3%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Charges for the use of intellectual property, payments (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Charges for the use of intellectual property, payments (BoP, current US$). 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.