Charges for the use of intellectual property, payments (BoP, current) in Aruba
Aruba: Charges for the use of intellectual property, payments (BoP, current) was 0.0017 BoP, current US$ per US$ of GDP in 2023. ▲ Rising
Charges for the use of intellectual property, payments (BoP, current) in Aruba, 1999–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2023, charges for the use of intellectual property, payments (bop, current) in Aruba stood at 0.0017 BoP, current US$ per US$ of GDP.
That represents a change of down 60.2% on the previous year and down 51.0% over ten years.
Over the whole period, charges for the use of intellectual property, payments (bop, current) in Aruba peaked at 0.006 BoP, current US$ per US$ of GDP in 2010 and was at its lowest, 0.0002 BoP, current US$ per US$ of GDP, in 2000.
Aruba ranks 91st of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Charges for the use of intellectual property, payments (BoP, current) in Aruba, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1999 | 0.0003 BoP, current US$ per US$ of GDP | — |
| 2000 | 0.0002 BoP, current US$ per US$ of GDP | -12.3% |
| 2001 | 0.0008 BoP, current US$ per US$ of GDP | +237.3% |
| 2002 | 0.0017 BoP, current US$ per US$ of GDP | +109.6% |
| 2003 | 0.0021 BoP, current US$ per US$ of GDP | +19.4% |
| 2004 | 0.002 BoP, current US$ per US$ of GDP | -2.3% |
| 2005 | 0.0029 BoP, current US$ per US$ of GDP | +42.3% |
| 2006 | 0.0042 BoP, current US$ per US$ of GDP | +46.0% |
| 2007 | 0.0037 BoP, current US$ per US$ of GDP | -12.4% |
| 2008 | 0.0042 BoP, current US$ per US$ of GDP | +14.5% |
| 2009 | 0.0052 BoP, current US$ per US$ of GDP | +22.8% |
| 2010 | 0.006 BoP, current US$ per US$ of GDP | +16.4% |
| 2011 | 0.004 BoP, current US$ per US$ of GDP | -33.4% |
| 2012 | 0.0037 BoP, current US$ per US$ of GDP | -7.1% |
| 2013 | 0.0035 BoP, current US$ per US$ of GDP | -6.5% |
| 2014 | 0.0042 BoP, current US$ per US$ of GDP | +21.6% |
| 2015 | 0.005 BoP, current US$ per US$ of GDP | +17.4% |
| 2016 | 0.0059 BoP, current US$ per US$ of GDP | +18.3% |
| 2017 | 0.0052 BoP, current US$ per US$ of GDP | -10.6% |
| 2018 | 0.0051 BoP, current US$ per US$ of GDP | -3.0% |
| 2019 | 0.005 BoP, current US$ per US$ of GDP | -1.1% |
| 2020 | 0.0041 BoP, current US$ per US$ of GDP | -17.6% |
| 2021 | 0.0043 BoP, current US$ per US$ of GDP | +2.8% |
| 2022 | 0.0043 BoP, current US$ per US$ of GDP | +0.4% |
| 2023 | 0.0017 BoP, current US$ per US$ of GDP | -60.2% |
Aruba compared with similar countries
- Aruba's 0.0017 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.0045 BoP, current US$ per US$ of GDP, 38% of the median. (65 countries reporting)
- Aruba's 0.0017 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.003 BoP, current US$ per US$ of GDP, 58% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Charges for the use of intellectual property, payments (BoP, current) in Aruba 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 |
|---|---|---|---|
| 2001 | +237.3% | 0.0002 BoP, current US$ per US$ of GDP | 0.0008 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0003 BoP, current US$ per US$ of GDP | 0.0003 BoP, current US$ per US$ of GDP | 0.0003 BoP, current US$ per US$ of GDP | 1 |
| 2000s | 0.0027 BoP, current US$ per US$ of GDP | 0.0002 BoP, current US$ per US$ of GDP | 0.0052 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0048 BoP, current US$ per US$ of GDP | 0.0035 BoP, current US$ per US$ of GDP | 0.006 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0036 BoP, current US$ per US$ of GDP | 0.0017 BoP, current US$ per US$ of GDP | 0.0043 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Aruba
- 88 Iceland 0.002 BoP, current US$ per US$ of GDP compare
- 89 Namibia 0.0018 BoP, current US$ per US$ of GDP compare
- 90 Indonesia 0.0017 BoP, current US$ per US$ of GDP compare
- 92 Suriname 0.0017 BoP, current US$ per US$ of GDP compare
- 93 Morocco 0.0017 BoP, current US$ per US$ of GDP compare
- 94 United States 0.0017 BoP, current US$ per US$ of GDP compare
More economy & growth data for Aruba
- Gross national expenditure (current US$), per capita 35,807 current US$ per person (2024)
- Exports of goods and services (current US$), per capita 33,176 current US$ per person (2024)
- Exports of goods and services (current US$), per unit of GDP 0.8597 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), annual growth rate 19.75 % change on previous year (2024)
- Gross national expenditure (current LCU), per capita 64,094 current LCU per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.66 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), annual growth rate 9.8 % change on previous year (2024)
- Final consumption expenditure (current LCU), annual growth rate -1.38 % change on previous year (2024)
- Final consumption expenditure (current LCU), per unit of GDP 1.2 current LCU per US$ of GDP (2024)
- Final consumption expenditure (current LCU), per capita 46,310 current LCU per person (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Aruba?
- Charges for the use of intellectual property, payments (bop, current) in Aruba was 0.0017 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, payments (bop, current) recorded in Aruba?
- The highest recorded value was 0.006 BoP, current US$ per US$ of GDP in 2010.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Aruba?
- The lowest recorded value was 0.0002 BoP, current US$ per US$ of GDP in 2000.
- How does Aruba rank for charges for the use of intellectual property, payments (bop, current)?
- Aruba ranks 91st out of 170 countries with data for 2023.
- Is charges for the use of intellectual property, payments (bop, current) rising or falling in Aruba?
- Over the last ten years it is down 51.0%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from Statizoid (derived), published as part of Charges for the use of intellectual property, payments (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Charges for the use of intellectual property, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Charges for the use of intellectual property, payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Charges for the use of intellectual property, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Charges for the use of intellectual property, payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.