Charges for the use of intellectual property, payments (BoP, current) in Bahamas
Bahamas: Charges for the use of intellectual property, payments (BoP, current) was 0.0011 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Charges for the use of intellectual property, payments (BoP, current) in Bahamas, 1976–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for charges for the use of intellectual property, payments (bop, current) in Bahamas is 0.0011 BoP, current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 39.4% on the previous year and down 39.0% over ten years.
Over the whole period, charges for the use of intellectual property, payments (bop, current) in Bahamas peaked at 0.0051 BoP, current US$ per US$ of GDP in 1981 and was at its lowest, 0.0004 BoP, current US$ per US$ of GDP, in 1993.
That places Bahamas 110th out of 170 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 49 years of available data.
Charges for the use of intellectual property, payments (BoP, current) in Bahamas, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0016 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.0034 BoP, current US$ per US$ of GDP | +116.1% |
| 1978 | 0.003 BoP, current US$ per US$ of GDP | -10.8% |
| 1979 | 0.0025 BoP, current US$ per US$ of GDP | -15.3% |
| 1980 | 0.0023 BoP, current US$ per US$ of GDP | -8.8% |
| 1981 | 0.0051 BoP, current US$ per US$ of GDP | +120.4% |
| 1982 | 0.0022 BoP, current US$ per US$ of GDP | -57.9% |
| 1983 | 0.002 BoP, current US$ per US$ of GDP | -6.2% |
| 1984 | 0.0018 BoP, current US$ per US$ of GDP | -10.3% |
| 1985 | 0.0025 BoP, current US$ per US$ of GDP | +35.5% |
| 1986 | 0.0016 BoP, current US$ per US$ of GDP | -35.8% |
| 1987 | 0.0014 BoP, current US$ per US$ of GDP | -8.9% |
| 1988 | 0.0013 BoP, current US$ per US$ of GDP | -8.6% |
| 1989 | 0.0008 BoP, current US$ per US$ of GDP | -35.3% |
| 1990 | 0.001 BoP, current US$ per US$ of GDP | +19.0% |
| 1991 | 0.0012 BoP, current US$ per US$ of GDP | +17.7% |
| 1992 | 0.001 BoP, current US$ per US$ of GDP | -13.5% |
| 1993 | 0.0004 BoP, current US$ per US$ of GDP | -62.3% |
| 1994 | 0.0016 BoP, current US$ per US$ of GDP | +303.2% |
| 1995 | 0.0013 BoP, current US$ per US$ of GDP | -14.3% |
| 1996 | 0.0018 BoP, current US$ per US$ of GDP | +32.2% |
| 1997 | 0.0015 BoP, current US$ per US$ of GDP | -14.5% |
| 1998 | 0.0013 BoP, current US$ per US$ of GDP | -12.2% |
| 1999 | 0.0016 BoP, current US$ per US$ of GDP | +19.2% |
| 2000 | 0.0018 BoP, current US$ per US$ of GDP | +10.7% |
| 2001 | 0.0016 BoP, current US$ per US$ of GDP | -9.7% |
| 2002 | 0.0015 BoP, current US$ per US$ of GDP | -3.1% |
| 2003 | 0.0016 BoP, current US$ per US$ of GDP | +7.0% |
| 2004 | 0.002 BoP, current US$ per US$ of GDP | +24.1% |
| 2005 | 0.0016 BoP, current US$ per US$ of GDP | -19.9% |
| 2006 | 0.0017 BoP, current US$ per US$ of GDP | +6.3% |
| 2007 | 0.0019 BoP, current US$ per US$ of GDP | +6.6% |
| 2008 | 0.0017 BoP, current US$ per US$ of GDP | -8.3% |
| 2009 | 0.0018 BoP, current US$ per US$ of GDP | +3.0% |
| 2010 | 0.001 BoP, current US$ per US$ of GDP | -40.2% |
| 2011 | 0.0015 BoP, current US$ per US$ of GDP | +44.8% |
| 2012 | 0.0016 BoP, current US$ per US$ of GDP | +3.0% |
| 2013 | 0.0018 BoP, current US$ per US$ of GDP | +17.3% |
| 2014 | 0.0018 BoP, current US$ per US$ of GDP | -4.4% |
| 2015 | 0.0015 BoP, current US$ per US$ of GDP | -14.9% |
| 2016 | 0.0019 BoP, current US$ per US$ of GDP | +29.1% |
| 2017 | 0.0011 BoP, current US$ per US$ of GDP | -40.8% |
| 2018 | 0.0008 BoP, current US$ per US$ of GDP | -29.6% |
| 2019 | 0.0008 BoP, current US$ per US$ of GDP | -3.7% |
| 2020 | 0.0006 BoP, current US$ per US$ of GDP | -20.6% |
| 2021 | 0.0006 BoP, current US$ per US$ of GDP | +0.9% |
| 2022 | 0.0011 BoP, current US$ per US$ of GDP | +72.1% |
| 2023 | 0.0008 BoP, current US$ per US$ of GDP | -28.1% |
| 2024 | 0.0011 BoP, current US$ per US$ of GDP | +39.4% |
Bahamas compared with similar countries
- Bahamas's 0.0011 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, 24% of the median. (65 countries reporting)
- Bahamas's 0.0011 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, 36% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Charges for the use of intellectual property, payments (BoP, current) in Bahamas 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 |
|---|---|---|---|
| 1994 | +303.2% | 0.0004 BoP, current US$ per US$ of GDP | 0.0016 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0026 BoP, current US$ per US$ of GDP | 0.0016 BoP, current US$ per US$ of GDP | 0.0034 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.0021 BoP, current US$ per US$ of GDP | 0.0008 BoP, current US$ per US$ of GDP | 0.0051 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0013 BoP, current US$ per US$ of GDP | 0.0004 BoP, current US$ per US$ of GDP | 0.0018 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0017 BoP, current US$ per US$ of GDP | 0.0015 BoP, current US$ per US$ of GDP | 0.002 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0014 BoP, current US$ per US$ of GDP | 0.0008 BoP, current US$ per US$ of GDP | 0.0019 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0008 BoP, current US$ per US$ of GDP | 0.0006 BoP, current US$ per US$ of GDP | 0.0011 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Bahamas
- 107 Norway 0.0011 BoP, current US$ per US$ of GDP compare
- 108 Sierra Leone 0.0011 BoP, current US$ per US$ of GDP compare
- 109 Uzbekistan 0.0011 BoP, current US$ per US$ of GDP compare
- 111 Russia 0.001 BoP, current US$ per US$ of GDP compare
- 112 Lesotho 0.0009 BoP, current US$ per US$ of GDP compare
- 113 Egypt 0.0009 BoP, current US$ per US$ of GDP compare
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 162.94 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0103 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 406.05 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 240.55 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -25.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0152 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 599.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.79 % change on previous year (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Bahamas?
- Charges for the use of intellectual property, payments (bop, current) in Bahamas was 0.0011 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, payments (bop, current) recorded in Bahamas?
- The highest recorded value was 0.0051 BoP, current US$ per US$ of GDP in 1981.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Bahamas?
- The lowest recorded value was 0.0004 BoP, current US$ per US$ of GDP in 1993.
- How does Bahamas rank for charges for the use of intellectual property, payments (bop, current)?
- Bahamas ranks 110th out of 170 countries with data for 2024.
- Is charges for the use of intellectual property, payments (bop, current) rising or falling in Bahamas?
- Over the last ten years it is down 39.0%. The long-run trend across the full record is falling.
- Where does this Bahamas 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.