Charges for the use of intellectual property, payments (BoP, current) in Sierra Leone
Sierra Leone: Charges for the use of intellectual property, payments (BoP, current) was 0.0011 BoP, current US$ per US$ of GDP in 2024. ◆ Volatile
Charges for the use of intellectual property, payments (BoP, current) in Sierra Leone, 2003–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Sierra Leone recorded 0.0011 BoP, current US$ per US$ of GDP for charges for the use of intellectual property, payments (bop, current) in 2024. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 510.8% on the previous year and up 720.6% over ten years.
Over the whole period, charges for the use of intellectual property, payments (bop, current) in Sierra Leone peaked at 0.0011 BoP, current US$ per US$ of GDP in 2024 and was at its lowest, 0 BoP, current US$ per US$ of GDP, in 2005.
That places Sierra Leone 108th out of 170 countries with data for 2024, 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 Sierra Leone, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.0001 BoP, current US$ per US$ of GDP | — |
| 2004 | 0 BoP, current US$ per US$ of GDP | -87.8% |
| 2005 | 0 BoP, current US$ per US$ of GDP | -89.8% |
| 2006 | 0.0003 BoP, current US$ per US$ of GDP | +27889.8% |
| 2007 | 0.0004 BoP, current US$ per US$ of GDP | +31.2% |
| 2008 | 0.0002 BoP, current US$ per US$ of GDP | -58.0% |
| 2009 | 0.0002 BoP, current US$ per US$ of GDP | -7.1% |
| 2010 | 0.0001 BoP, current US$ per US$ of GDP | -41.9% |
| 2011 | 0.0001 BoP, current US$ per US$ of GDP | -27.3% |
| 2012 | 0.0001 BoP, current US$ per US$ of GDP | -3.2% |
| 2013 | 0.0001 BoP, current US$ per US$ of GDP | +110.4% |
| 2014 | 0.0001 BoP, current US$ per US$ of GDP | -3.5% |
| 2015 | 0.0001 BoP, current US$ per US$ of GDP | -3.4% |
| 2016 | 0.0002 BoP, current US$ per US$ of GDP | +32.8% |
| 2017 | 0.0003 BoP, current US$ per US$ of GDP | +44.2% |
| 2018 | 0.0001 BoP, current US$ per US$ of GDP | -44.2% |
| 2019 | 0.0001 BoP, current US$ per US$ of GDP | -12.3% |
| 2020 | 0.0002 BoP, current US$ per US$ of GDP | +54.7% |
| 2021 | 0.0002 BoP, current US$ per US$ of GDP | -12.1% |
| 2022 | 0.0002 BoP, current US$ per US$ of GDP | +49.6% |
| 2023 | 0.0002 BoP, current US$ per US$ of GDP | -27.0% |
| 2024 | 0.0011 BoP, current US$ per US$ of GDP | +510.8% |
Sierra Leone compared with similar countries
- Sierra Leone's 0.0011 BoP, current US$ per US$ of GDP is above the median for low income countries, which is 0.0002 BoP, current US$ per US$ of GDP, 4.9× the median. (16 countries reporting)
- Sierra Leone's 0.0011 BoP, current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0004 BoP, current US$ per US$ of GDP, 3.1× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Charges for the use of intellectual property, payments (BoP, current) in Sierra Leone 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 |
|---|---|---|---|
| 2006 | +27889.8% | 0 BoP, current US$ per US$ of GDP | 0.0003 BoP, current US$ per US$ of GDP |
| 2024 | +510.8% | 0.0002 BoP, current US$ per US$ of GDP | 0.0011 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0002 BoP, current US$ per US$ of GDP | 0 BoP, current US$ per US$ of GDP | 0.0004 BoP, current US$ per US$ of GDP | 7 |
| 2010s | 0.0001 BoP, current US$ per US$ of GDP | 0.0001 BoP, current US$ per US$ of GDP | 0.0003 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0004 BoP, current US$ per US$ of GDP | 0.0002 BoP, current US$ per US$ of GDP | 0.0011 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Sierra Leone
- 105 Mongolia 0.0013 BoP, current US$ per US$ of GDP compare
- 106 Cameroon 0.0012 BoP, current US$ per US$ of GDP compare
- 107 Norway 0.0011 BoP, current US$ per US$ of GDP compare
- 109 Uzbekistan 0.0011 BoP, current US$ per US$ of GDP compare
- 110 Bahamas 0.0011 BoP, current US$ per US$ of GDP compare
- 111 Russia 0.001 BoP, current US$ per US$ of GDP compare
More economy & growth data for Sierra Leone
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.55 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.53 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -33,272 BoP, current US$ (2010)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0 BoP, current US$ per US$ of GDP (2010)
- Foreign direct investment, net outflows (BoP, current US$), per capita -0.0053 BoP, current US$ per person (2010)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 121.78 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -16.53 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0175 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 14.09 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -12.59 % change on previous year (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments (bop, current) in Sierra Leone?
- Charges for the use of intellectual property, payments (bop, current) in Sierra Leone was 0.0011 BoP, current US$ 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 Sierra Leone?
- The highest recorded value was 0.0011 BoP, current US$ per US$ of GDP in 2024.
- What is the lowest charges for the use of intellectual property, payments (bop, current) recorded in Sierra Leone?
- The lowest recorded value was 0 BoP, current US$ per US$ of GDP in 2005.
- How does Sierra Leone rank for charges for the use of intellectual property, payments (bop, current)?
- Sierra Leone ranks 108th out of 170 countries with data for 2024.
- Is charges for the use of intellectual property, payments (bop, current) rising or falling in Sierra Leone?
- Over the last ten years it is up 720.6%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone 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.