Charges for the use of intellectual property, payments (BoP, current) in Sierra Leone

Sierra Leone: Charges for the use of intellectual property, payments (BoP, current) was 563.66 % change on previous year in 2024. ◆ Volatile

Latest (2024)
563.66 % change on previous year
Change on year
up 1,744.6%
World rank
2nd
of 167 countries
All-time high
563.66 % change on previous year
in 2024
All-time low
-88.44 % change on previous year
in 2005
Years of data
20
2004–2024

Charges for the use of intellectual property, payments (BoP, current) in Sierra Leone, 2004–2024

02004006002004201420242004: -87.3 % change on previous year2005: -88.4 % change on previous year2007: 46 % change on previous year2008: -52 % change on previous year2009: -11.7 % change on previous year2010: -37.4 % change on previous year2011: -17.1 % change on previous year2012: 22.2 % change on previous year2013: 157 % change on previous year2014: -1.1 % change on previous year2015: -14.7 % change on previous year2016: 19.1 % change on previous year2017: 36.3 % change on previous year2018: -38 % change on previous year2019: -10.5 % change on previous year2020: 58.6 % change on previous year2021: -5.8 % change on previous year2022: 48.6 % change on previous year2023: -34.3 % change on previous year2024: 563.7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Sierra Leone recorded 563.66 % change on previous year for charges for the use of intellectual property, payments (bop, current) in 2024. That is the highest value across all 20 years on record.

That represents a change of up 1,744.6% on the previous year and up 51,304.2% over ten years.

Over the whole period, charges for the use of intellectual property, payments (bop, current) in Sierra Leone peaked at 563.66 % change on previous year in 2024 and was at its lowest, -88.44 % change on previous year, in 2005.

Sierra Leone ranks 2nd of 167 countries on this measure, in the top 10%.

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 Sierra Leone, year by year

Annual values for Charges for the use of intellectual property, payments (BoP, current US$), annual growth rate in Sierra Leone, 2004 to 2024.
Year % change on previous year Change
2004 -87.3 % change on previous year —
2005 -88.44 % change on previous year +1.3%
2007 46 % change on previous year -152.0%
2008 -51.98 % change on previous year -213.0%
2009 -11.66 % change on previous year -77.6%
2010 -37.39 % change on previous year +220.6%
2011 -17.08 % change on previous year -54.3%
2012 22.24 % change on previous year -230.2%
2013 157 % change on previous year +606.0%
2014 -1.1 % change on previous year -100.7%
2015 -14.69 % change on previous year +1234.1%
2016 19.07 % change on previous year -229.8%
2017 36.29 % change on previous year +90.3%
2018 -37.97 % change on previous year -204.6%
2019 -10.52 % change on previous year -72.3%
2020 58.64 % change on previous year -657.5%
2021 -5.84 % change on previous year -110.0%
2022 48.63 % change on previous year -932.8%
2023 -34.27 % change on previous year -170.5%
2024 563.66 % change on previous year -1744.6%

Sierra Leone compared with similar countries

  • Sierra Leone's 563.66 % change on previous year is above the median for low income countries, which is 4.65 % change on previous year, 121.2× the median. (16 countries reporting)
  • Sierra Leone's 563.66 % change on previous year is above the median for Sub-Saharan Africa, which is 8.01 % change on previous year, 70.3× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Charges for the use of intellectual property, payments (BoP, current) in Sierra Leone 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.

YearChange FromTo
2024 +1744.6% -34.27 % change on previous year 563.66 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2000s -38.68 % change on previous year -88.44 % change on previous year 46 % change on previous year 5
2010s 11.59 % change on previous year -37.97 % change on previous year 157 % change on previous year 10
2020s 126.16 % change on previous year -34.27 % change on previous year 563.66 % change on previous year 5

Countries ranked near Sierra Leone

  1. 1 Niger 607.5 % change on previous year compare
  2. 3 South Sudan 463.3 % change on previous year compare
  3. 4 Cameroon 196.34 % change on previous year compare
  4. 5 Namibia 144.31 % change on previous year compare

See the full ranking of 214 places →

More economy & growth data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is charges for the use of intellectual property, payments (bop, current) in Sierra Leone?
Charges for the use of intellectual property, payments (bop, current) in Sierra Leone was 563.66 % 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 Sierra Leone?
The highest recorded value was 563.66 % change on previous year in 2024.
What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Sierra Leone?
The lowest recorded value was -88.44 % change on previous year in 2005.
How does Sierra Leone rank for charges for the use of intellectual property, payments (bop, current)?
Sierra Leone ranks 2nd out of 167 countries with data for 2024.
Is charges for the use of intellectual property, payments (bop, current) rising or falling in Sierra Leone?
Over the last ten years it is up 51,304.2%. The long-run trend across the full record is volatile.
Where does this Sierra Leone 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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Charges for the use of intellectual property, payments (BoP, current) in Sierra Leone. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/charges-for-the-use-of-intellectual-property-payments-bop-current-us-annual-growth-rate/sierra-leone/

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<a href="https://economy.statizoid.com/stat/charges-for-the-use-of-intellectual-property-payments-bop-current-us-annual-growth-rate/sierra-leone/">Charges for the use of intellectual property, payments (BoP, current) in Sierra Leone</a> — Statizoid

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

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

Indicator
Charges for the use of intellectual property, payments (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
214 places, 7,355 data points, 1961–2025
Last refreshed

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.