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 101.07 million BoP, current US$ in 2024. ▲ Rising
Charges for the use of intellectual property, payments (BoP, current) in Cayman Islands, 2016–2024
Source: Statizoid (derived). Measured in BoP, current US$.
Analysis
In 2024, charges for the use of intellectual property, payments (bop, current) in Cayman Islands stood at 101.07 million BoP, current US$.
Compared with earlier readings it is down 1.6% on the previous year and up 24.6% over ten years.
Over the whole period, charges for the use of intellectual property, payments (bop, current) in Cayman Islands peaked at 104.83 million BoP, current US$ in 2022 and was at its lowest, 68.01 million BoP, current US$, in 2017.
That places Cayman Islands 81st out of 171 countries with data for 2024, putting it in the middle of the range.
Charges for the use of intellectual property, payments (BoP, current) in Cayman Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2016 | 81.14 million BoP, current US$ | — |
| 2017 | 68.01 million BoP, current US$ | -16.2% |
| 2018 | 74.33 million BoP, current US$ | +9.3% |
| 2019 | 74.94 million BoP, current US$ | +0.8% |
| 2020 | 90.82 million BoP, current US$ | +21.2% |
| 2021 | 92.49 million BoP, current US$ | +1.8% |
| 2022 | 104.83 million BoP, current US$ | +13.3% |
| 2023 | 102.69 million BoP, current US$ | -2.0% |
| 2024 | 101.07 million BoP, current US$ | -1.6% |
Cayman Islands compared with similar countries
- Cayman Islands's 101.07 million BoP, current US$ is below the median for high income countries, which is 1.10 billion BoP, current US$, 9% of the median. (65 countries reporting)
- Cayman Islands's 101.07 million BoP, current US$ is above the median for Latin America & Caribbean, which is 21.92 million BoP, current US$, 4.6× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 74.60 million BoP, current US$ | 68.01 million BoP, current US$ | 81.14 million BoP, current US$ | 4 |
| 2020s | 98.38 million BoP, current US$ | 90.82 million BoP, current US$ | 104.83 million BoP, current US$ | 5 |
Countries ranked near Cayman Islands
- 78 Georgia 139.84 million BoP, current US$ compare
- 79 El Salvador 136.42 million BoP, current US$ compare
- 80 Cambodia 129.26 million BoP, current US$ compare
- 82 Angola 100.40 million BoP, current US$ compare
- 83 Maldives 98.23 million BoP, current US$ compare
- 84 Bangladesh 92.24 million BoP, current US$ compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -23,390 BoP, current US$ per person (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$), gaps -1.74 billion BoP, current US$ (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)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current 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 101.07 million BoP, current US$ 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 104.83 million BoP, current US$ in 2022.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Cayman Islands?
- The lowest recorded value was 68.01 million BoP, current US$ in 2017.
- How does Cayman Islands rank for charges for the use of intellectual property, payments (bop, current)?
- Cayman Islands ranks 81st out of 171 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 24.6%. The long-run trend across the full record is rising.
- 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$), gaps filled. Statizoid updates them automatically from the source API.
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How this figure is calculated
Charges for the use of intellectual property, payments (BoP, current US$) 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.