Charges for the use of intellectual property, payments in Cayman Islands
Cayman Islands: Charges for the use of intellectual property, payments was 101.07 million BoP, current US$ in 2024. ▲ Rising
Charges for the use of intellectual property, payments in Cayman Islands, 2016–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Cayman Islands recorded 101.07 million BoP, current US$ for charges for the use of intellectual property, payments in 2024.
The figure is down 1.6% on the previous year and up 24.6% over ten years.
Over the whole period, charges for the use of intellectual property, payments in Cayman Islands peaked at 104.83 million BoP, current US$ in 2022 and was at its lowest, 68.01 million BoP, current US$, in 2017.
That places Cayman Islands 81st out of 171 countries with data for 2024, putting it in the middle of the range.
Charges for the use of intellectual property, payments in Cayman Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2016 | 81.14 million BoP, current US$ | — |
| 2017 | 68.01 million BoP, current US$ | -16.2% |
| 2018 | 74.33 million BoP, current US$ | +9.3% |
| 2019 | 74.94 million BoP, current US$ | +0.8% |
| 2020 | 90.82 million BoP, current US$ | +21.2% |
| 2021 | 92.49 million BoP, current US$ | +1.8% |
| 2022 | 104.83 million BoP, current US$ | +13.3% |
| 2023 | 102.69 million BoP, current US$ | -2.0% |
| 2024 | 101.07 million BoP, current US$ | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 74.60 million BoP, current US$ | 68.01 million BoP, current US$ | 81.14 million BoP, current US$ | 4 |
| 2020s | 98.38 million BoP, current US$ | 90.82 million BoP, current US$ | 104.83 million BoP, current US$ | 5 |
Countries ranked near Cayman Islands
- 78 Georgia 139.84 million BoP, current US$ compare
- 79 El Salvador 136.42 million BoP, current US$ compare
- 80 Cambodia 129.26 million BoP, current US$ compare
- 82 Angola 100.40 million BoP, current US$ compare
- 83 Maldives 98.23 million BoP, current US$ compare
- 84 Bangladesh 92.24 million BoP, current US$ compare
More economy & growth data for Cayman Islands
- GDP (current US$), per capita 104,293 current US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6391 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 66,652 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.25 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 0.8333 current LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2024)
- GDP (current LCU), per capita 86,910 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 79,983 constant 2015 US$ per person (2024)
- GDP (current LCU), annual growth rate 6.25 % change on previous year (2024)
Frequently asked questions
- What is charges for the use of intellectual property, payments in Cayman Islands?
- Charges for the use of intellectual property, payments in Cayman Islands was 101.07 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 Cayman Islands?
- The highest recorded value was 104.83 million BoP, current US$ in 2022.
- What is the lowest charges for the use of intellectual property, payments recorded in Cayman Islands?
- The lowest recorded value was 68.01 million BoP, current US$ in 2017.
- How does Cayman Islands rank for charges for the use of intellectual property, payments?
- Cayman Islands ranks 81st out of 171 countries with data for 2024.
- Is charges for the use of intellectual property, payments rising or falling in Cayman Islands?
- Over the last ten years it is up 24.6%. The long-run trend across the full record is rising.
- Where does this Cayman Islands 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.