Charges for the use of intellectual property, payments in Sierra Leone
Sierra Leone: Charges for the use of intellectual property, payments was 7.73 million BoP, current US$ in 2024. ◆ Volatile
Charges for the use of intellectual property, payments in Sierra Leone, 2003–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Sierra Leone recorded 7.73 million BoP, current US$ for charges for the use of intellectual property, payments in 2024. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 563.7% on the previous year and up 644.2% over ten years.
Over the whole period, charges for the use of intellectual property, payments in Sierra Leone peaked at 7.73 million BoP, current US$ in 2024 and was at its lowest, 2,897 BoP, current US$, in 2005.
That places Sierra Leone 128th out of 171 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Charges for the use of intellectual property, payments in Sierra Leone, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2003 | 197,311 BoP, current US$ | — |
| 2004 | 25,066 BoP, current US$ | -87.3% |
| 2005 | 2,897 BoP, current US$ | -88.4% |
| 2006 | 1.04 million BoP, current US$ | +35790.2% |
| 2007 | 1.52 million BoP, current US$ | +46.0% |
| 2008 | 728,898 BoP, current US$ | -52.0% |
| 2009 | 643,885 BoP, current US$ | -11.7% |
| 2010 | 403,115 BoP, current US$ | -37.4% |
| 2011 | 334,282 BoP, current US$ | -17.1% |
| 2012 | 408,617 BoP, current US$ | +22.2% |
| 2013 | 1.05 million BoP, current US$ | +157.0% |
| 2014 | 1.04 million BoP, current US$ | -1.1% |
| 2015 | 886,050 BoP, current US$ | -14.7% |
| 2016 | 1.06 million BoP, current US$ | +19.1% |
| 2017 | 1.44 million BoP, current US$ | +36.3% |
| 2018 | 891,935 BoP, current US$ | -38.0% |
| 2019 | 798,109 BoP, current US$ | -10.5% |
| 2020 | 1.27 million BoP, current US$ | +58.6% |
| 2021 | 1.19 million BoP, current US$ | -5.8% |
| 2022 | 1.77 million BoP, current US$ | +48.6% |
| 2023 | 1.16 million BoP, current US$ | -34.3% |
| 2024 | 7.73 million BoP, current US$ | +563.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 593,677 BoP, current US$ | 2,897 BoP, current US$ | 1.52 million BoP, current US$ | 7 |
| 2010s | 830,371 BoP, current US$ | 334,282 BoP, current US$ | 1.44 million BoP, current US$ | 10 |
| 2020s | 2.62 million BoP, current US$ | 1.16 million BoP, current US$ | 7.73 million BoP, current US$ | 5 |
Countries ranked near Sierra Leone
- 125 Faroe Islands 9.08 million BoP, current US$ compare
- 126 Dominica 8.26 million BoP, current US$ compare
- 127 Mauritius 8.17 million BoP, current US$ compare
- 129 Suriname 7.67 million BoP, current US$ compare
- 130 South Sudan 6.75 million BoP, current US$ compare
- 131 Aruba 6.39 million BoP, current US$ 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)
- Gross capital formation (current US$), annual growth rate 21.42 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.232 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 196.32 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 21.8 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 5.26 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 4,448 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 18.73 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.304 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is charges for the use of intellectual property, payments in Sierra Leone?
- Charges for the use of intellectual property, payments in Sierra Leone was 7.73 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 Sierra Leone?
- The highest recorded value was 7.73 million BoP, current US$ in 2024.
- What is the lowest charges for the use of intellectual property, payments recorded in Sierra Leone?
- The lowest recorded value was 2,897 BoP, current US$ in 2005.
- How does Sierra Leone rank for charges for the use of intellectual property, payments?
- Sierra Leone ranks 128th out of 171 countries with data for 2024.
- Is charges for the use of intellectual property, payments rising or falling in Sierra Leone?
- Over the last ten years it is up 644.2%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone 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.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.