Charges for the use of intellectual property, payments (BoP, current) in Iceland
Iceland: Charges for the use of intellectual property, payments (BoP, current) was 0.002 BoP, current US$ per US$ of GDP in 2025. ▼ Falling
Charges for the use of intellectual property, payments (BoP, current) in Iceland, 2009–2025
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 Iceland is 0.002 BoP, current US$ per US$ of GDP, measured in 2025. That is the lowest value across all 17 years on record.
The figure is down 8.4% on the previous year and down 58.5% over ten years.
Over the whole period, charges for the use of intellectual property, payments (bop, current) in Iceland peaked at 0.0066 BoP, current US$ per US$ of GDP in 2014 and was at its lowest, 0.002 BoP, current US$ per US$ of GDP, in 2025.
Iceland ranks 88th of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Charges for the use of intellectual property, payments (BoP, current) in Iceland, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2009 | 0.0035 BoP, current US$ per US$ of GDP | — |
| 2010 | 0.0058 BoP, current US$ per US$ of GDP | +62.6% |
| 2011 | 0.0044 BoP, current US$ per US$ of GDP | -22.8% |
| 2012 | 0.0053 BoP, current US$ per US$ of GDP | +18.4% |
| 2013 | 0.0048 BoP, current US$ per US$ of GDP | -8.8% |
| 2014 | 0.0066 BoP, current US$ per US$ of GDP | +37.6% |
| 2015 | 0.0047 BoP, current US$ per US$ of GDP | -28.3% |
| 2016 | 0.005 BoP, current US$ per US$ of GDP | +5.5% |
| 2017 | 0.0046 BoP, current US$ per US$ of GDP | -7.0% |
| 2018 | 0.0054 BoP, current US$ per US$ of GDP | +15.8% |
| 2019 | 0.0041 BoP, current US$ per US$ of GDP | -24.1% |
| 2020 | 0.0033 BoP, current US$ per US$ of GDP | -19.7% |
| 2021 | 0.0026 BoP, current US$ per US$ of GDP | -19.6% |
| 2022 | 0.0025 BoP, current US$ per US$ of GDP | -4.0% |
| 2023 | 0.0026 BoP, current US$ per US$ of GDP | +2.5% |
| 2024 | 0.0021 BoP, current US$ per US$ of GDP | -17.3% |
| 2025 | 0.002 BoP, current US$ per US$ of GDP | -8.4% |
Iceland compared with similar countries
- Iceland's 0.002 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, 43% of the median. (65 countries reporting)
- Iceland's 0.002 BoP, current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0036 BoP, current US$ per US$ of GDP, 55% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0035 BoP, current US$ per US$ of GDP | 0.0035 BoP, current US$ per US$ of GDP | 0.0035 BoP, current US$ per US$ of GDP | 1 |
| 2010s | 0.0051 BoP, current US$ per US$ of GDP | 0.0041 BoP, current US$ per US$ of GDP | 0.0066 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0025 BoP, current US$ per US$ of GDP | 0.002 BoP, current US$ per US$ of GDP | 0.0033 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Iceland
- 85 Venezuela 0.0023 BoP, current US$ per US$ of GDP compare
- 86 Montenegro 0.002 BoP, current US$ per US$ of GDP compare
- 87 Peru 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
- 91 Aruba 0.0017 BoP, current US$ per US$ of GDP compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Iceland?
- Charges for the use of intellectual property, payments (bop, current) in Iceland was 0.002 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, payments (bop, current) recorded in Iceland?
- The highest recorded value was 0.0066 BoP, current US$ per US$ of GDP in 2014.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Iceland?
- The lowest recorded value was 0.002 BoP, current US$ per US$ of GDP in 2025.
- How does Iceland rank for charges for the use of intellectual property, payments (bop, current)?
- Iceland ranks 88th out of 170 countries with data for 2025.
- Is charges for the use of intellectual property, payments (bop, current) rising or falling in Iceland?
- Over the last ten years it is down 58.5%. The long-run trend across the full record is falling.
- Where does this Iceland 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.