Charges for the use of intellectual property, payments in Bahamas
Bahamas: Charges for the use of intellectual property, payments was 16.91 million BoP, current US$ in 2024. ◆ Volatile
Charges for the use of intellectual property, payments in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for charges for the use of intellectual property, payments in Bahamas is 16.91 million BoP, current US$, measured in 2024.
That represents a change of up 44.6% on the previous year and down 13.4% over ten years.
Over the whole period, charges for the use of intellectual property, payments in Bahamas peaked at 22.88 million BoP, current US$ in 2016 and was at its lowest, 1.00 million BoP, current US$, in 1976.
That places Bahamas 112th out of 171 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Charges for the use of intellectual property, payments in Bahamas, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 1.00 million BoP, current US$ | — |
| 1977 | 2.40 million BoP, current US$ | +140.0% |
| 1978 | 2.50 million BoP, current US$ | +4.2% |
| 1979 | 2.90 million BoP, current US$ | +16.0% |
| 1980 | 3.10 million BoP, current US$ | +6.9% |
| 1981 | 7.30 million BoP, current US$ | +135.5% |
| 1982 | 3.40 million BoP, current US$ | -53.4% |
| 1983 | 3.50 million BoP, current US$ | +2.9% |
| 1984 | 3.70 million BoP, current US$ | +5.7% |
| 1985 | 5.70 million BoP, current US$ | +54.1% |
| 1986 | 3.90 million BoP, current US$ | -31.6% |
| 1987 | 3.90 million BoP, current US$ | +0.0% |
| 1988 | 3.70 million BoP, current US$ | -5.1% |
| 1989 | 2.60 million BoP, current US$ | -29.7% |
| 1990 | 3.20 million BoP, current US$ | +23.1% |
| 1991 | 3.70 million BoP, current US$ | +15.6% |
| 1992 | 3.20 million BoP, current US$ | -13.5% |
| 1993 | 1.20 million BoP, current US$ | -62.5% |
| 1994 | 5.10 million BoP, current US$ | +325.0% |
| 1995 | 4.60 million BoP, current US$ | -9.8% |
| 1996 | 6.40 million BoP, current US$ | +39.1% |
| 1997 | 9.60 million BoP, current US$ | +50.0% |
| 1998 | 9.10 million BoP, current US$ | -5.2% |
| 1999 | 12.20 million BoP, current US$ | +34.1% |
| 2000 | 14.20 million BoP, current US$ | +16.4% |
| 2001 | 13.20 million BoP, current US$ | -7.0% |
| 2002 | 13.66 million BoP, current US$ | +3.5% |
| 2003 | 14.60 million BoP, current US$ | +6.9% |
| 2004 | 18.50 million BoP, current US$ | +26.7% |
| 2005 | 16.09 million BoP, current US$ | -13.0% |
| 2006 | 17.67 million BoP, current US$ | +9.8% |
| 2007 | 19.68 million BoP, current US$ | +11.4% |
| 2008 | 17.89 million BoP, current US$ | -9.1% |
| 2009 | 17.48 million BoP, current US$ | -2.3% |
| 2010 | 10.57 million BoP, current US$ | -39.5% |
| 2011 | 15.27 million BoP, current US$ | +44.5% |
| 2012 | 16.75 million BoP, current US$ | +9.7% |
| 2013 | 19.20 million BoP, current US$ | +14.6% |
| 2014 | 19.51 million BoP, current US$ | +1.6% |
| 2015 | 17.66 million BoP, current US$ | -9.5% |
| 2016 | 22.88 million BoP, current US$ | +29.5% |
| 2017 | 14.19 million BoP, current US$ | -38.0% |
| 2018 | 10.29 million BoP, current US$ | -27.5% |
| 2019 | 10.26 million BoP, current US$ | -0.2% |
| 2020 | 6.36 million BoP, current US$ | -38.0% |
| 2021 | 7.46 million BoP, current US$ | +17.3% |
| 2022 | 14.81 million BoP, current US$ | +98.7% |
| 2023 | 11.70 million BoP, current US$ | -21.0% |
| 2024 | 16.91 million BoP, current US$ | +44.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.20 million BoP, current US$ | 1.00 million BoP, current US$ | 2.90 million BoP, current US$ | 4 |
| 1980s | 4.08 million BoP, current US$ | 2.60 million BoP, current US$ | 7.30 million BoP, current US$ | 10 |
| 1990s | 5.83 million BoP, current US$ | 1.20 million BoP, current US$ | 12.20 million BoP, current US$ | 10 |
| 2000s | 16.30 million BoP, current US$ | 13.20 million BoP, current US$ | 19.68 million BoP, current US$ | 10 |
| 2010s | 15.66 million BoP, current US$ | 10.26 million BoP, current US$ | 22.88 million BoP, current US$ | 10 |
| 2020s | 11.45 million BoP, current US$ | 6.36 million BoP, current US$ | 16.91 million BoP, current US$ | 5 |
Countries ranked near Bahamas
- 109 Bolivia, Plurinational State of 18.69 million BoP, current US$ compare
- 110 Montenegro 18.43 million BoP, current US$ compare
- 111 Côte d'Ivoire 17.76 million BoP, current US$ compare
- 113 Saint Lucia 16.75 million BoP, current US$ compare
- 114 Barbados 14.56 million BoP, current US$ compare
- 115 Uganda 13.94 million BoP, current US$ 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.15 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.643 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 25,369 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.23 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5311 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 20,956 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.63 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.7721 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments in Bahamas?
- Charges for the use of intellectual property, payments in Bahamas was 16.91 million BoP, current US$ in 2024, 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 Bahamas?
- The highest recorded value was 22.88 million BoP, current US$ in 2016.
- What is the lowest charges for the use of intellectual property, payments recorded in Bahamas?
- The lowest recorded value was 1.00 million BoP, current US$ in 1976.
- How does Bahamas rank for charges for the use of intellectual property, payments?
- Bahamas ranks 112th out of 171 countries with data for 2024.
- Is charges for the use of intellectual property, payments rising or falling in Bahamas?
- Over the last ten years it is down 13.4%. The long-run trend across the full record is volatile.
- Where does this Bahamas 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.