Charges for the use of intellectual property, payments in Aruba
Aruba: Charges for the use of intellectual property, payments was 6.39 million BoP, current US$ in 2023. ◆ Volatile
Charges for the use of intellectual property, payments in Aruba, 1999–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for charges for the use of intellectual property, payments in Aruba is 6.39 million BoP, current US$, measured in 2023.
That represents a change of down 55.1% on the previous year and down 32.6% over ten years.
Over the whole period, charges for the use of intellectual property, payments in Aruba peaked at 17.52 million BoP, current US$ in 2016 and was at its lowest, 458,101 BoP, current US$, in 2000.
That places Aruba 131st out of 171 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Charges for the use of intellectual property, payments in Aruba, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1999 | 480,447 BoP, current US$ | — |
| 2000 | 458,101 BoP, current US$ | -4.7% |
| 2001 | 1.56 million BoP, current US$ | +241.5% |
| 2002 | 3.39 million BoP, current US$ | +116.8% |
| 2003 | 4.22 million BoP, current US$ | +24.4% |
| 2004 | 4.55 million BoP, current US$ | +7.8% |
| 2005 | 6.77 million BoP, current US$ | +48.9% |
| 2006 | 10.35 million BoP, current US$ | +52.8% |
| 2007 | 9.83 million BoP, current US$ | -5.0% |
| 2008 | 11.96 million BoP, current US$ | +21.6% |
| 2009 | 13.18 million BoP, current US$ | +10.3% |
| 2010 | 14.75 million BoP, current US$ | +11.9% |
| 2011 | 10.56 million BoP, current US$ | -28.4% |
| 2012 | 9.72 million BoP, current US$ | -7.9% |
| 2013 | 9.48 million BoP, current US$ | -2.4% |
| 2014 | 11.80 million BoP, current US$ | +24.4% |
| 2015 | 14.70 million BoP, current US$ | +24.6% |
| 2016 | 17.52 million BoP, current US$ | +19.1% |
| 2017 | 16.22 million BoP, current US$ | -7.4% |
| 2018 | 16.66 million BoP, current US$ | +2.7% |
| 2019 | 16.85 million BoP, current US$ | +1.1% |
| 2020 | 10.21 million BoP, current US$ | -39.4% |
| 2021 | 12.32 million BoP, current US$ | +20.7% |
| 2022 | 14.24 million BoP, current US$ | +15.6% |
| 2023 | 6.39 million BoP, current US$ | -55.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 480,447 BoP, current US$ | 480,447 BoP, current US$ | 480,447 BoP, current US$ | 1 |
| 2000s | 6.63 million BoP, current US$ | 458,101 BoP, current US$ | 13.18 million BoP, current US$ | 10 |
| 2010s | 13.83 million BoP, current US$ | 9.48 million BoP, current US$ | 17.52 million BoP, current US$ | 10 |
| 2020s | 10.79 million BoP, current US$ | 6.39 million BoP, current US$ | 14.24 million BoP, current US$ | 4 |
Countries ranked near Aruba
- 128 Sierra Leone 7.73 million BoP, current US$ compare
- 129 Suriname 7.67 million BoP, current US$ compare
- 130 South Sudan 6.75 million BoP, current US$ compare
- 132 Afghanistan 6.11 million BoP, current US$ compare
- 133 Kosovo 5.90 million BoP, current US$ compare
- 133 Kosovo (UNSCR 1244) 5.90 million BoP, current US$ compare
More economy & growth data for Aruba
- Manufacturing, value added (current LCU), per capita 1,471 current LCU per person (2023)
- Agriculture, forestry, and fishing, value added (constant LCU), per 19.07 constant LCU per person (2023)
- Manufacturing, value added (current US$), per unit of GDP 0.0236 current US$ per US$ of GDP (2023)
- Manufacturing, value added (current US$), per capita 822.06 current US$ per person (2023)
- Manufacturing, value added (current LCU), per unit of GDP 0.0422 current LCU per US$ of GDP (2023)
- Services, value added (current LCU), annual growth rate 8.72 % change on previous year (2023)
- Industry (including construction), value added (current US$), annual 25.46 % change on previous year (2023)
- Manufacturing, value added (constant LCU), per capita 1,589 constant LCU per person (2023)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0005 constant LCU per US$ of GDP (2023)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.033 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is charges for the use of intellectual property, payments in Aruba?
- Charges for the use of intellectual property, payments in Aruba was 6.39 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest charges for the use of intellectual property, payments recorded in Aruba?
- The highest recorded value was 17.52 million BoP, current US$ in 2016.
- What is the lowest charges for the use of intellectual property, payments recorded in Aruba?
- The lowest recorded value was 458,101 BoP, current US$ in 2000.
- How does Aruba rank for charges for the use of intellectual property, payments?
- Aruba ranks 131st out of 171 countries with data for 2023.
- Is charges for the use of intellectual property, payments rising or falling in Aruba?
- Over the last ten years it is down 32.6%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Charges for the use of intellectual property, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Charges for the use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.