Charges for the use of intellectual property, payments (BoP, current) in Venezuela
Venezuela: Charges for the use of intellectual property, payments (BoP, current) was 8.39 BoP, current US$ per person in 2016. ▲ Rising
Charges for the use of intellectual property, payments (BoP, current) in Venezuela, 1996–2016
Source: Statizoid (derived). Measured in BoP, current US$ per person.
Analysis
The most recent figure for charges for the use of intellectual property, payments (bop, current) in Venezuela is 8.39 BoP, current US$ per person, measured in 2016.
That represents a change of down 32.9% on the previous year and down 11.2% over ten years.
Over the whole period, charges for the use of intellectual property, payments (bop, current) in Venezuela peaked at 13.43 BoP, current US$ per person in 2012 and was at its lowest, 0.0883 BoP, current US$ per person, in 1996.
That places Venezuela 103rd out of 171 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Charges for the use of intellectual property, payments (BoP, current) in Venezuela, year by year
| Year | BoP, current US$ per person | Change |
|---|---|---|
| 1996 | 0.0883 BoP, current US$ per person | — |
| 1997 | 6.31 BoP, current US$ per person | +7051.8% |
| 1998 | 3.98 BoP, current US$ per person | -36.9% |
| 1999 | 7.73 BoP, current US$ per person | +94.0% |
| 2000 | 7.5 BoP, current US$ per person | -2.9% |
| 2001 | 10.41 BoP, current US$ per person | +38.7% |
| 2002 | 8.3 BoP, current US$ per person | -20.3% |
| 2003 | 7.07 BoP, current US$ per person | -14.8% |
| 2004 | 8.31 BoP, current US$ per person | +17.6% |
| 2005 | 8.92 BoP, current US$ per person | +7.3% |
| 2006 | 9.44 BoP, current US$ per person | +5.8% |
| 2007 | 9.98 BoP, current US$ per person | +5.7% |
| 2008 | 12.44 BoP, current US$ per person | +24.6% |
| 2009 | 12.38 BoP, current US$ per person | -0.5% |
| 2010 | 11.8 BoP, current US$ per person | -4.7% |
| 2011 | 12.47 BoP, current US$ per person | +5.7% |
| 2012 | 13.43 BoP, current US$ per person | +7.7% |
| 2013 | 13.17 BoP, current US$ per person | -1.9% |
| 2014 | 13.22 BoP, current US$ per person | +0.4% |
| 2015 | 12.49 BoP, current US$ per person | -5.5% |
| 2016 | 8.39 BoP, current US$ per person | -32.9% |
Venezuela compared with similar countries
- Venezuela's 8.39 BoP, current US$ per person is above the median for lower middle income countries, which is 1.06 BoP, current US$ per person, 7.9× the median. (41 countries reporting)
- Venezuela's 8.39 BoP, current US$ per person is below the median for Latin America & Caribbean, which is 40.79 BoP, current US$ per person, 21% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Charges for the use of intellectual property, payments (BoP, current) in Venezuela 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 |
|---|---|---|---|
| 1997 | +7051.8% | 0.0883 BoP, current US$ per person | 6.31 BoP, current US$ per person |
| 1999 | +94.0% | 3.98 BoP, current US$ per person | 7.73 BoP, current US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.53 BoP, current US$ per person | 0.0883 BoP, current US$ per person | 7.73 BoP, current US$ per person | 4 |
| 2000s | 9.48 BoP, current US$ per person | 7.07 BoP, current US$ per person | 12.44 BoP, current US$ per person | 10 |
| 2010s | 12.14 BoP, current US$ per person | 8.39 BoP, current US$ per person | 13.43 BoP, current US$ per person | 7 |
Countries ranked near Venezuela
- 100 Bosnia and Herzegovina 8.84 BoP, current US$ per person compare
- 101 Indonesia 8.69 BoP, current US$ per person compare
- 102 Mongolia 8.54 BoP, current US$ per person compare
- 104 Namibia 8.08 BoP, current US$ per person compare
- 105 Morocco 7.97 BoP, current US$ per person compare
- 106 Cambodia 7.24 BoP, current US$ per person compare
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Venezuela?
- Charges for the use of intellectual property, payments (bop, current) in Venezuela was 8.39 BoP, current US$ per person in 2016, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, payments (bop, current) recorded in Venezuela?
- The highest recorded value was 13.43 BoP, current US$ per person in 2012.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Venezuela?
- The lowest recorded value was 0.0883 BoP, current US$ per person in 1996.
- How does Venezuela rank for charges for the use of intellectual property, payments (bop, current)?
- Venezuela ranks 103rd out of 171 countries with data for 2016.
- Is charges for the use of intellectual property, payments (bop, current) rising or falling in Venezuela?
- Over the last ten years it is down 11.2%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Charges for the use of intellectual property, payments (BoP, current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Charges for the use of intellectual property, payments (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Charges for the use of intellectual property, payments (BoP, current US$) ÷ Population, total
Computed from
- Charges for the use of intellectual property, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Charges for the use of intellectual property, payments (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.