Charges for the use of intellectual property, payments (BoP, current) in Latvia
Latvia: Charges for the use of intellectual property, payments (BoP, current) was 712.06 BoP, current US$ per square kilometre in 2023. ◆ Volatile
Charges for the use of intellectual property, payments (BoP, current) in Latvia, 1992–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Latvia recorded 712.06 BoP, current US$ per square kilometre for charges for the use of intellectual property, payments (bop, current) in 2023.
The figure is up 14.3% on the previous year and down 7.4% over ten years.
Over the whole period, charges for the use of intellectual property, payments (bop, current) in Latvia peaked at 1,038 BoP, current US$ per square kilometre in 2018 and was at its lowest, 0.0321 BoP, current US$ per square kilometre, in 1993.
Latvia ranks 95th of 168 countries on this measure, 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 Latvia, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1992 | 0.2182 BoP, current US$ per square kilometre | — |
| 1993 | 0.0321 BoP, current US$ per square kilometre | -85.3% |
| 1996 | 12.33 BoP, current US$ per square kilometre | +38249.9% |
| 1997 | 23.38 BoP, current US$ per square kilometre | +89.7% |
| 1998 | 104.46 BoP, current US$ per square kilometre | +346.7% |
| 1999 | 155.88 BoP, current US$ per square kilometre | +49.2% |
| 2008 | 567.35 BoP, current US$ per square kilometre | +264.0% |
| 2009 | 405.06 BoP, current US$ per square kilometre | -28.6% |
| 2010 | 530.95 BoP, current US$ per square kilometre | +31.1% |
| 2011 | 849.66 BoP, current US$ per square kilometre | +60.0% |
| 2012 | 702.13 BoP, current US$ per square kilometre | -17.4% |
| 2013 | 769.22 BoP, current US$ per square kilometre | +9.6% |
| 2014 | 725.56 BoP, current US$ per square kilometre | -5.7% |
| 2015 | 553.07 BoP, current US$ per square kilometre | -23.8% |
| 2016 | 585.85 BoP, current US$ per square kilometre | +5.9% |
| 2017 | 766.37 BoP, current US$ per square kilometre | +30.8% |
| 2018 | 1,038 BoP, current US$ per square kilometre | +35.4% |
| 2019 | 808.82 BoP, current US$ per square kilometre | -22.1% |
| 2020 | 498.14 BoP, current US$ per square kilometre | -38.4% |
| 2021 | 606.48 BoP, current US$ per square kilometre | +21.7% |
| 2022 | 623 BoP, current US$ per square kilometre | +2.7% |
| 2023 | 712.06 BoP, current US$ per square kilometre | +14.3% |
Latvia compared with similar countries
- Latvia's 712.06 BoP, current US$ per square kilometre is below the median for high income countries, which is 14,713 BoP, current US$ per square kilometre, 5% of the median. (65 countries reporting)
- Latvia's 712.06 BoP, current US$ per square kilometre is below the median for Europe & Central Asia, which is 5,663 BoP, current US$ per square kilometre, 13% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Charges for the use of intellectual property, payments (BoP, current) in Latvia 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 |
|---|---|---|---|
| 1996 | +38249.9% | 0.0321 BoP, current US$ per square kilometre | 12.33 BoP, current US$ per square kilometre |
| 1998 | +346.7% | 23.38 BoP, current US$ per square kilometre | 104.46 BoP, current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 49.38 BoP, current US$ per square kilometre | 0.0321 BoP, current US$ per square kilometre | 155.88 BoP, current US$ per square kilometre | 6 |
| 2000s | 486.2 BoP, current US$ per square kilometre | 405.06 BoP, current US$ per square kilometre | 567.35 BoP, current US$ per square kilometre | 2 |
| 2010s | 732.95 BoP, current US$ per square kilometre | 530.95 BoP, current US$ per square kilometre | 1,038 BoP, current US$ per square kilometre | 10 |
| 2020s | 609.92 BoP, current US$ per square kilometre | 498.14 BoP, current US$ per square kilometre | 712.06 BoP, current US$ per square kilometre | 4 |
Countries ranked near Latvia
- 92 Iceland 815.18 BoP, current US$ per square kilometre compare
- 93 Malawi 797.41 BoP, current US$ per square kilometre compare
- 94 Brazil 762.84 BoP, current US$ per square kilometre compare
- 96 Ukraine 692.1 BoP, current US$ per square kilometre compare
- 97 Saudi Arabia 682.64 BoP, current US$ per square kilometre compare
- 98 Argentina 665.98 BoP, current US$ per square kilometre compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Latvia?
- Charges for the use of intellectual property, payments (bop, current) in Latvia was 712.06 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, payments (bop, current) recorded in Latvia?
- The highest recorded value was 1,038 BoP, current US$ per square kilometre in 2018.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Latvia?
- The lowest recorded value was 0.0321 BoP, current US$ per square kilometre in 1993.
- How does Latvia rank for charges for the use of intellectual property, payments (bop, current)?
- Latvia ranks 95th out of 168 countries with data for 2023.
- Is charges for the use of intellectual property, payments (bop, current) rising or falling in Latvia?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is volatile.
- Where does this Latvia 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.