Charges for the use of intellectual property, payments (BoP, current) in Barbados
Barbados: Charges for the use of intellectual property, payments (BoP, current) was 14.56 million BoP, current US$ in 2017. ◆ Volatile
Charges for the use of intellectual property, payments (BoP, current) in Barbados, 1974–2017
Source: Statizoid (derived). Measured in BoP, current US$.
Analysis
In 2017, charges for the use of intellectual property, payments (bop, current) in Barbados stood at 14.56 million BoP, current US$.
Compared with earlier readings it is up 8.6% on the previous year and down 43.9% over ten years.
Over the whole period, charges for the use of intellectual property, payments (bop, current) in Barbados peaked at 36.77 million BoP, current US$ in 2009 and was at its lowest, 584,445 BoP, current US$, in 1974.
That places Barbados 114th out of 171 countries with data for 2017, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Charges for the use of intellectual property, payments (BoP, current) in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 584,445 BoP, current US$ | — |
| 1975 | 742,991 BoP, current US$ | +27.1% |
| 1976 | 614,000 BoP, current US$ | -17.4% |
| 1977 | 907,500 BoP, current US$ | +47.8% |
| 1978 | 2.10 million BoP, current US$ | +131.0% |
| 1979 | 2.57 million BoP, current US$ | +22.7% |
| 1980 | 2.05 million BoP, current US$ | -20.3% |
| 1981 | 2.20 million BoP, current US$ | +7.3% |
| 1982 | 2.15 million BoP, current US$ | -2.3% |
| 1983 | 4.70 million BoP, current US$ | +118.6% |
| 1984 | 6.40 million BoP, current US$ | +36.2% |
| 1985 | 5.40 million BoP, current US$ | -15.6% |
| 1986 | 7.70 million BoP, current US$ | +42.6% |
| 1987 | 15.45 million BoP, current US$ | +100.6% |
| 1988 | 5.50 million BoP, current US$ | -64.4% |
| 1989 | 6.55 million BoP, current US$ | +19.1% |
| 1990 | 4.00 million BoP, current US$ | -38.9% |
| 1991 | 2.70 million BoP, current US$ | -32.5% |
| 1992 | 7.25 million BoP, current US$ | +168.5% |
| 1993 | 10.15 million BoP, current US$ | +40.0% |
| 1994 | 12.95 million BoP, current US$ | +27.6% |
| 1995 | 14.65 million BoP, current US$ | +13.1% |
| 1996 | 17.80 million BoP, current US$ | +21.5% |
| 1997 | 20.65 million BoP, current US$ | +16.0% |
| 1998 | 22.20 million BoP, current US$ | +7.5% |
| 1999 | 22.60 million BoP, current US$ | +1.8% |
| 2000 | 23.70 million BoP, current US$ | +4.9% |
| 2001 | 24.30 million BoP, current US$ | +2.5% |
| 2002 | 24.60 million BoP, current US$ | +1.2% |
| 2003 | 24.95 million BoP, current US$ | +1.4% |
| 2004 | 25.01 million BoP, current US$ | +0.3% |
| 2005 | 19.06 million BoP, current US$ | -23.8% |
| 2006 | 34.40 million BoP, current US$ | +80.5% |
| 2007 | 25.95 million BoP, current US$ | -24.6% |
| 2008 | 31.82 million BoP, current US$ | +22.6% |
| 2009 | 36.77 million BoP, current US$ | +15.6% |
| 2010 | 19.15 million BoP, current US$ | -47.9% |
| 2011 | 12.68 million BoP, current US$ | -33.8% |
| 2012 | 9.47 million BoP, current US$ | -25.3% |
| 2013 | 12.73 million BoP, current US$ | +34.3% |
| 2014 | 13.88 million BoP, current US$ | +9.1% |
| 2015 | 17.26 million BoP, current US$ | +24.3% |
| 2016 | 13.41 million BoP, current US$ | -22.3% |
| 2017 | 14.56 million BoP, current US$ | +8.6% |
Barbados compared with similar countries
- Barbados's 14.56 million BoP, current US$ is below the median for high income countries, which is 1.10 billion BoP, current US$, 1% of the median. (65 countries reporting)
- Barbados's 14.56 million BoP, current US$ is below the median for Latin America & Caribbean, which is 21.92 million BoP, current US$, 66% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.25 million BoP, current US$ | 584,445 BoP, current US$ | 2.57 million BoP, current US$ | 6 |
| 1980s | 5.81 million BoP, current US$ | 2.05 million BoP, current US$ | 15.45 million BoP, current US$ | 10 |
| 1990s | 13.49 million BoP, current US$ | 2.70 million BoP, current US$ | 22.60 million BoP, current US$ | 10 |
| 2000s | 27.06 million BoP, current US$ | 19.06 million BoP, current US$ | 36.77 million BoP, current US$ | 10 |
| 2010s | 14.14 million BoP, current US$ | 9.47 million BoP, current US$ | 19.15 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 111 Cote d'Ivoire 17.76 million BoP, current US$ compare
- 112 Bahamas 16.91 million BoP, current US$ compare
- 113 Saint Lucia 16.75 million BoP, current US$ compare
- 115 Uganda 13.94 million BoP, current US$ compare
- 116 Zimbabwe 13.32 million BoP, current US$ compare
- 117 Antigua and Barbuda 12.49 million BoP, current US$ compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 18.57 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 65.74 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 303.06 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0399 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,073 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Barbados?
- Charges for the use of intellectual property, payments (bop, current) in Barbados was 14.56 million BoP, current US$ in 2017, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, payments (bop, current) recorded in Barbados?
- The highest recorded value was 36.77 million BoP, current US$ in 2009.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Barbados?
- The lowest recorded value was 584,445 BoP, current US$ in 1974.
- How does Barbados rank for charges for the use of intellectual property, payments (bop, current)?
- Barbados ranks 114th out of 171 countries with data for 2017.
- Is charges for the use of intellectual property, payments (bop, current) rising or falling in Barbados?
- Over the last ten years it is down 43.9%. The long-run trend across the full record is volatile.
- Where does this Barbados data come from?
- The figures come from Statizoid (derived), published as part of Charges for the use of intellectual property, payments (BoP, current US$), gaps filled. Statizoid updates them automatically from the source API.
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How this figure is calculated
Charges for the use of intellectual property, payments (BoP, current US$) with 93 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
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
Charges for the use of intellectual property, payments (BoP, current US$) with 93 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.