Charges for the use of intellectual property, payments (BoP, current) in Barbados
Barbados: Charges for the use of intellectual property, payments (BoP, current) was 33,860 BoP, current US$ per square kilometre in 2017. ◆ Volatile
Latest (2017)
33,860 BoP, current US$ per square kilometre
Change on year
up 8.6%
World rank
25th
of 168 countries
All-time high
85,516 BoP, current US$ per square kilometre
in 2009
All-time low
1,359 BoP, current US$ per square kilometre
in 1974
Years of data
44
1974–2017
Charges for the use of intellectual property, payments (BoP, current) in Barbados, 1974–2017
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
In 2017, charges for the use of intellectual property, payments (bop, current) in Barbados stood at 33,860 BoP, current US$ per square kilometre.
That represents a change of 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 85,516 BoP, current US$ per square kilometre in 2009 and was at its lowest, 1,359 BoP, current US$ per square kilometre, in 1974.
That places Barbados 25th out of 168 countries with data for 2017, putting it in the top quarter.
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$ per square kilometre | Change |
|---|---|---|
| 1974 | 1,359 BoP, current US$ per square kilometre | — |
| 1975 | 1,728 BoP, current US$ per square kilometre | +27.1% |
| 1976 | 1,428 BoP, current US$ per square kilometre | -17.4% |
| 1977 | 2,110 BoP, current US$ per square kilometre | +47.8% |
| 1978 | 4,876 BoP, current US$ per square kilometre | +131.0% |
| 1979 | 5,981 BoP, current US$ per square kilometre | +22.7% |
| 1980 | 4,767 BoP, current US$ per square kilometre | -20.3% |
| 1981 | 5,116 BoP, current US$ per square kilometre | +7.3% |
| 1982 | 5,000 BoP, current US$ per square kilometre | -2.3% |
| 1983 | 10,930 BoP, current US$ per square kilometre | +118.6% |
| 1984 | 14,884 BoP, current US$ per square kilometre | +36.2% |
| 1985 | 12,558 BoP, current US$ per square kilometre | -15.6% |
| 1986 | 17,907 BoP, current US$ per square kilometre | +42.6% |
| 1987 | 35,930 BoP, current US$ per square kilometre | +100.6% |
| 1988 | 12,791 BoP, current US$ per square kilometre | -64.4% |
| 1989 | 15,233 BoP, current US$ per square kilometre | +19.1% |
| 1990 | 9,302 BoP, current US$ per square kilometre | -38.9% |
| 1991 | 6,279 BoP, current US$ per square kilometre | -32.5% |
| 1992 | 16,860 BoP, current US$ per square kilometre | +168.5% |
| 1993 | 23,605 BoP, current US$ per square kilometre | +40.0% |
| 1994 | 30,116 BoP, current US$ per square kilometre | +27.6% |
| 1995 | 34,070 BoP, current US$ per square kilometre | +13.1% |
| 1996 | 41,395 BoP, current US$ per square kilometre | +21.5% |
| 1997 | 48,023 BoP, current US$ per square kilometre | +16.0% |
| 1998 | 51,628 BoP, current US$ per square kilometre | +7.5% |
| 1999 | 52,558 BoP, current US$ per square kilometre | +1.8% |
| 2000 | 55,116 BoP, current US$ per square kilometre | +4.9% |
| 2001 | 56,512 BoP, current US$ per square kilometre | +2.5% |
| 2002 | 57,209 BoP, current US$ per square kilometre | +1.2% |
| 2003 | 58,023 BoP, current US$ per square kilometre | +1.4% |
| 2004 | 58,172 BoP, current US$ per square kilometre | +0.3% |
| 2005 | 44,318 BoP, current US$ per square kilometre | -23.8% |
| 2006 | 79,998 BoP, current US$ per square kilometre | +80.5% |
| 2007 | 60,355 BoP, current US$ per square kilometre | -24.6% |
| 2008 | 73,993 BoP, current US$ per square kilometre | +22.6% |
| 2009 | 85,516 BoP, current US$ per square kilometre | +15.6% |
| 2010 | 44,537 BoP, current US$ per square kilometre | -47.9% |
| 2011 | 29,478 BoP, current US$ per square kilometre | -33.8% |
| 2012 | 22,030 BoP, current US$ per square kilometre | -25.3% |
| 2013 | 29,595 BoP, current US$ per square kilometre | +34.3% |
| 2014 | 32,287 BoP, current US$ per square kilometre | +9.1% |
| 2015 | 40,138 BoP, current US$ per square kilometre | +24.3% |
| 2016 | 31,190 BoP, current US$ per square kilometre | -22.3% |
| 2017 | 33,860 BoP, current US$ per square kilometre | +8.6% |
Barbados compared with similar countries
- Barbados's 33,860 BoP, current US$ per square kilometre is above the median for high income countries, which is 14,713 BoP, current US$ per square kilometre, 2.3× the median. (65 countries reporting)
- Barbados's 33,860 BoP, current US$ per square kilometre is above the median for Latin America & Caribbean, which is 1,855 BoP, current US$ per square kilometre, 18.3× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,914 BoP, current US$ per square kilometre | 1,359 BoP, current US$ per square kilometre | 5,981 BoP, current US$ per square kilometre | 6 |
| 1980s | 13,512 BoP, current US$ per square kilometre | 4,767 BoP, current US$ per square kilometre | 35,930 BoP, current US$ per square kilometre | 10 |
| 1990s | 31,384 BoP, current US$ per square kilometre | 6,279 BoP, current US$ per square kilometre | 52,558 BoP, current US$ per square kilometre | 10 |
| 2000s | 62,921 BoP, current US$ per square kilometre | 44,318 BoP, current US$ per square kilometre | 85,516 BoP, current US$ per square kilometre | 10 |
| 2010s | 32,890 BoP, current US$ per square kilometre | 22,030 BoP, current US$ per square kilometre | 44,537 BoP, current US$ per square kilometre | 8 |
Countries ranked near Barbados
- 22 Sweden 36,503 BoP, current US$ per square kilometre compare
- 23 Aruba 35,487 BoP, current US$ per square kilometre compare
- 24 Grenada 34,824 BoP, current US$ per square kilometre compare
- 26 France 27,616 BoP, current US$ per square kilometre compare
- 27 Antigua and Barbuda 26,954 BoP, current US$ per square kilometre compare
- 28 Saint Lucia 26,252 BoP, current US$ per square kilometre 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$), annual growth rate 2.97 % change on previous year (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Barbados?
- Charges for the use of intellectual property, payments (bop, current) in Barbados was 33,860 BoP, current US$ per square kilometre 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 85,516 BoP, current US$ per square kilometre in 2009.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Barbados?
- The lowest recorded value was 1,359 BoP, current US$ per square kilometre in 1974.
- How does Barbados rank for charges for the use of intellectual property, payments (bop, current)?
- Barbados ranks 25th out of 168 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$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Charges for the use of intellectual property, payments (BoP, current US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- Charges for the use of intellectual property, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Charges for the use of intellectual property, payments (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.