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Charges for the use of intellectual property, payments (BoP, current) in Barbados

Barbados: Charges for the use of intellectual property, payments (BoP, current) was 0.0025 BoP, current US$ per US$ of GDP in 2017. ◆ Volatile

Latest (2017)
0.0025 BoP, current US$ per US$ of GDP
Change on year
up 5.4%
World rank
79th
of 170 countries
All-time high
0.0091 BoP, current US$ per US$ of GDP
in 1987
All-time low
0.0013 BoP, current US$ per US$ of GDP
in 1991
Years of data
44
1974–2017

Charges for the use of intellectual property, payments (BoP, current) in Barbados, 1974–2017

0.0020.0040.0060.0080.011974199520171974: 0.002 BoP, current US$ per US$ of GDP1975: 0.002 BoP, current US$ per US$ of GDP1976: 0.001 BoP, current US$ per US$ of GDP1977: 0.002 BoP, current US$ per US$ of GDP1978: 0.004 BoP, current US$ per US$ of GDP1979: 0.004 BoP, current US$ per US$ of GDP1980: 0.002 BoP, current US$ per US$ of GDP1981: 0.002 BoP, current US$ per US$ of GDP1982: 0.002 BoP, current US$ per US$ of GDP1983: 0.004 BoP, current US$ per US$ of GDP1984: 0.005 BoP, current US$ per US$ of GDP1985: 0.004 BoP, current US$ per US$ of GDP1986: 0.005 BoP, current US$ per US$ of GDP1987: 0.009 BoP, current US$ per US$ of GDP1988: 0.003 BoP, current US$ per US$ of GDP1989: 0.003 BoP, current US$ per US$ of GDP1990: 0.002 BoP, current US$ per US$ of GDP1991: 0.001 BoP, current US$ per US$ of GDP1992: 0.004 BoP, current US$ per US$ of GDP1993: 0.005 BoP, current US$ per US$ of GDP1994: 0.006 BoP, current US$ per US$ of GDP1995: 0.007 BoP, current US$ per US$ of GDP1996: 0.008 BoP, current US$ per US$ of GDP1997: 0.008 BoP, current US$ per US$ of GDP1998: 0.008 BoP, current US$ per US$ of GDP1999: 0.008 BoP, current US$ per US$ of GDP2000: 0.008 BoP, current US$ per US$ of GDP2001: 0.008 BoP, current US$ per US$ of GDP2002: 0.008 BoP, current US$ per US$ of GDP2003: 0.008 BoP, current US$ per US$ of GDP2004: 0.007 BoP, current US$ per US$ of GDP2005: 0.005 BoP, current US$ per US$ of GDP2006: 0.008 BoP, current US$ per US$ of GDP2007: 0.006 BoP, current US$ per US$ of GDP2008: 0.007 BoP, current US$ per US$ of GDP2009: 0.008 BoP, current US$ per US$ of GDP2010: 0.004 BoP, current US$ per US$ of GDP2011: 0.002 BoP, current US$ per US$ of GDP2012: 0.002 BoP, current US$ per US$ of GDP2013: 0.002 BoP, current US$ per US$ of GDP2014: 0.002 BoP, current US$ per US$ of GDP2015: 0.003 BoP, current US$ per US$ of GDP2016: 0.002 BoP, current US$ per US$ of GDP2017: 0.002 BoP, current US$ per US$ of GDP

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 Barbados is 0.0025 BoP, current US$ per US$ of GDP, measured in 2017.

That represents a change of up 5.4% on the previous year and down 55.1% over ten years.

Over the whole period, charges for the use of intellectual property, payments (bop, current) in Barbados peaked at 0.0091 BoP, current US$ per US$ of GDP in 1987 and was at its lowest, 0.0013 BoP, current US$ per US$ of GDP, in 1991.

That places Barbados 79th out of 170 countries with data for 2017, putting it 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 Barbados, year by year

Year BoP, current US$ per US$ of GDP Change
1974 0.0019 BoP, current US$ per US$ of GDP —
1975 0.0018 BoP, current US$ per US$ of GDP -1.4%
1976 0.0014 BoP, current US$ per US$ of GDP -23.8%
1977 0.0018 BoP, current US$ per US$ of GDP +30.1%
1978 0.0038 BoP, current US$ per US$ of GDP +106.9%
1979 0.0038 BoP, current US$ per US$ of GDP +1.2%
1980 0.002 BoP, current US$ per US$ of GDP -47.2%
1981 0.002 BoP, current US$ per US$ of GDP -2.5%
1982 0.0018 BoP, current US$ per US$ of GDP -6.4%
1983 0.0038 BoP, current US$ per US$ of GDP +105.9%
1984 0.0048 BoP, current US$ per US$ of GDP +25.0%
1985 0.0038 BoP, current US$ per US$ of GDP -19.4%
1986 0.005 BoP, current US$ per US$ of GDP +29.9%
1987 0.0091 BoP, current US$ per US$ of GDP +82.2%
1988 0.003 BoP, current US$ per US$ of GDP -66.5%
1989 0.0033 BoP, current US$ per US$ of GDP +7.6%
1990 0.002 BoP, current US$ per US$ of GDP -39.1%
1991 0.0013 BoP, current US$ per US$ of GDP -32.8%
1992 0.0037 BoP, current US$ per US$ of GDP +177.2%
1993 0.0049 BoP, current US$ per US$ of GDP +32.8%
1994 0.006 BoP, current US$ per US$ of GDP +22.4%
1995 0.0066 BoP, current US$ per US$ of GDP +9.8%
1996 0.0075 BoP, current US$ per US$ of GDP +14.0%
1997 0.0083 BoP, current US$ per US$ of GDP +9.8%
1998 0.0079 BoP, current US$ per US$ of GDP -4.7%
1999 0.0077 BoP, current US$ per US$ of GDP -2.8%
2000 0.0077 BoP, current US$ per US$ of GDP +1.2%
2001 0.008 BoP, current US$ per US$ of GDP +2.7%
2002 0.0079 BoP, current US$ per US$ of GDP -0.5%
2003 0.0078 BoP, current US$ per US$ of GDP -1.8%
2004 0.0073 BoP, current US$ per US$ of GDP -6.6%
2005 0.005 BoP, current US$ per US$ of GDP -31.3%
2006 0.0082 BoP, current US$ per US$ of GDP +63.5%
2007 0.0056 BoP, current US$ per US$ of GDP -32.0%
2008 0.0066 BoP, current US$ per US$ of GDP +19.7%
2009 0.0082 BoP, current US$ per US$ of GDP +23.9%
2010 0.0035 BoP, current US$ per US$ of GDP -57.1%
2011 0.0023 BoP, current US$ per US$ of GDP -35.4%
2012 0.0017 BoP, current US$ per US$ of GDP -24.2%
2013 0.0022 BoP, current US$ per US$ of GDP +30.2%
2014 0.0024 BoP, current US$ per US$ of GDP +8.6%
2015 0.003 BoP, current US$ per US$ of GDP +24.0%
2016 0.0024 BoP, current US$ per US$ of GDP -22.0%
2017 0.0025 BoP, current US$ per US$ of GDP +5.4%

Barbados compared with similar countries

  • Barbados's 0.0025 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, 55% of the median. (65 countries reporting)
  • Barbados's 0.0025 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, 84% of the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0024 BoP, current US$ per US$ of GDP 0.0014 BoP, current US$ per US$ of GDP 0.0038 BoP, current US$ per US$ of GDP 6
1980s 0.0039 BoP, current US$ per US$ of GDP 0.0018 BoP, current US$ per US$ of GDP 0.0091 BoP, current US$ per US$ of GDP 10
1990s 0.0056 BoP, current US$ per US$ of GDP 0.0013 BoP, current US$ per US$ of GDP 0.0083 BoP, current US$ per US$ of GDP 10
2000s 0.0072 BoP, current US$ per US$ of GDP 0.005 BoP, current US$ per US$ of GDP 0.0082 BoP, current US$ per US$ of GDP 10
2010s 0.0025 BoP, current US$ per US$ of GDP 0.0017 BoP, current US$ per US$ of GDP 0.0035 BoP, current US$ per US$ of GDP 8

Countries ranked near Barbados

  1. 76 Oman 0.0027 BoP, current US$ per US$ of GDP compare
  2. 77 Andorra 0.0026 BoP, current US$ per US$ of GDP
  3. 78 Cambodia 0.0025 BoP, current US$ per US$ of GDP compare
  4. 80 Moldova 0.0025 BoP, current US$ per US$ of GDP compare
  5. 81 China 0.0024 BoP, current US$ per US$ of GDP compare
  6. 82 Seychelles 0.0024 BoP, current US$ per US$ of GDP compare

See the full ranking of 217 places →

More economy & growth data for Barbados

All data for Barbados →

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 0.0025 BoP, current US$ per US$ of GDP 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 0.0091 BoP, current US$ per US$ of GDP in 1987.
What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Barbados?
The lowest recorded value was 0.0013 BoP, current US$ per US$ of GDP in 1991.
How does Barbados rank for charges for the use of intellectual property, payments (bop, current)?
Barbados ranks 79th out of 170 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 55.1%. 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 unit of GDP. Statizoid updates them automatically from the source API.

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Charges for the use of intellectual property, payments (BoP, current) in Barbados. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/charges-for-the-use-of-intellectual-property-payments-bop-current-us-per-unit-of-gdp/barbados/

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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

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

Indicator
Charges for the use of intellectual property, payments (BoP, current US$), per unit of GDP
Unit
BoP, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
217 places, 7,741 data points, 1960–2025
Last refreshed

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.