Charges for the use of intellectual property, payments in Barbados
Barbados: Charges for the use of intellectual property, payments was 14.56 million BoP, current US$ in 2017. ◆ Volatile
Charges for the use of intellectual property, payments in Barbados, 1974–2017
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Barbados recorded 14.56 million BoP, current US$ for charges for the use of intellectual property, payments in 2017.
Compared with earlier readings it is up 8.6% on the previous year and down 43.9% over ten years.
Over the whole period, charges for the use of intellectual property, payments in Barbados peaked at 36.77 million BoP, current US$ in 2009 and was at its lowest, 584,445 BoP, current US$, in 1974.
Barbados ranks 114th of 171 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Charges for the use of intellectual property, payments in Barbados, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 584,445 BoP, current US$ | — |
| 1975 | 742,991 BoP, current US$ | +27.1% |
| 1976 | 614,000 BoP, current US$ | -17.4% |
| 1977 | 907,500 BoP, current US$ | +47.8% |
| 1978 | 2.10 million BoP, current US$ | +131.0% |
| 1979 | 2.57 million BoP, current US$ | +22.7% |
| 1980 | 2.05 million BoP, current US$ | -20.3% |
| 1981 | 2.20 million BoP, current US$ | +7.3% |
| 1982 | 2.15 million BoP, current US$ | -2.3% |
| 1983 | 4.70 million BoP, current US$ | +118.6% |
| 1984 | 6.40 million BoP, current US$ | +36.2% |
| 1985 | 5.40 million BoP, current US$ | -15.6% |
| 1986 | 7.70 million BoP, current US$ | +42.6% |
| 1987 | 15.45 million BoP, current US$ | +100.6% |
| 1988 | 5.50 million BoP, current US$ | -64.4% |
| 1989 | 6.55 million BoP, current US$ | +19.1% |
| 1990 | 4.00 million BoP, current US$ | -38.9% |
| 1991 | 2.70 million BoP, current US$ | -32.5% |
| 1992 | 7.25 million BoP, current US$ | +168.5% |
| 1993 | 10.15 million BoP, current US$ | +40.0% |
| 1994 | 12.95 million BoP, current US$ | +27.6% |
| 1995 | 14.65 million BoP, current US$ | +13.1% |
| 1996 | 17.80 million BoP, current US$ | +21.5% |
| 1997 | 20.65 million BoP, current US$ | +16.0% |
| 1998 | 22.20 million BoP, current US$ | +7.5% |
| 1999 | 22.60 million BoP, current US$ | +1.8% |
| 2000 | 23.70 million BoP, current US$ | +4.9% |
| 2001 | 24.30 million BoP, current US$ | +2.5% |
| 2002 | 24.60 million BoP, current US$ | +1.2% |
| 2003 | 24.95 million BoP, current US$ | +1.4% |
| 2004 | 25.01 million BoP, current US$ | +0.3% |
| 2005 | 19.06 million BoP, current US$ | -23.8% |
| 2006 | 34.40 million BoP, current US$ | +80.5% |
| 2007 | 25.95 million BoP, current US$ | -24.6% |
| 2008 | 31.82 million BoP, current US$ | +22.6% |
| 2009 | 36.77 million BoP, current US$ | +15.6% |
| 2010 | 19.15 million BoP, current US$ | -47.9% |
| 2011 | 12.68 million BoP, current US$ | -33.8% |
| 2012 | 9.47 million BoP, current US$ | -25.3% |
| 2013 | 12.73 million BoP, current US$ | +34.3% |
| 2014 | 13.88 million BoP, current US$ | +9.1% |
| 2015 | 17.26 million BoP, current US$ | +24.3% |
| 2016 | 13.41 million BoP, current US$ | -22.3% |
| 2017 | 14.56 million BoP, current US$ | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.25 million BoP, current US$ | 584,445 BoP, current US$ | 2.57 million BoP, current US$ | 6 |
| 1980s | 5.81 million BoP, current US$ | 2.05 million BoP, current US$ | 15.45 million BoP, current US$ | 10 |
| 1990s | 13.49 million BoP, current US$ | 2.70 million BoP, current US$ | 22.60 million BoP, current US$ | 10 |
| 2000s | 27.06 million BoP, current US$ | 19.06 million BoP, current US$ | 36.77 million BoP, current US$ | 10 |
| 2010s | 14.14 million BoP, current US$ | 9.47 million BoP, current US$ | 19.15 million BoP, current US$ | 8 |
Countries ranked near Barbados
- 111 Côte d'Ivoire 17.76 million BoP, current US$ compare
- 112 Bahamas 16.91 million BoP, current US$ compare
- 113 Saint Lucia 16.75 million BoP, current US$ compare
- 115 Uganda 13.94 million BoP, current US$ compare
- 116 Zimbabwe 13.32 million BoP, current US$ compare
- 117 Antigua and Barbuda 12.49 million BoP, current US$ compare
More economy & growth data for Barbados
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.99 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Agriculture, forestry, and fishing, value added (current LCU), annual -1.03 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0311 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 836.37 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0122 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 327.59 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) -4.25 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0301 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments in Barbados?
- Charges for the use of intellectual property, payments in Barbados was 14.56 million BoP, current US$ in 2017, 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 Barbados?
- The highest recorded value was 36.77 million BoP, current US$ in 2009.
- What is the lowest charges for the use of intellectual property, payments recorded in Barbados?
- The lowest recorded value was 584,445 BoP, current US$ in 1974.
- How does Barbados rank for charges for the use of intellectual property, payments?
- Barbados ranks 114th out of 171 countries with data for 2017.
- Is charges for the use of intellectual property, payments rising or falling in Barbados?
- Over the last ten years it is down 43.9%. The long-run trend across the full record is volatile.
- Where does this Barbados 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.