Charges for the use of intellectual property, receipts (BoP, current) in Bermuda
Bermuda: Charges for the use of intellectual property, receipts (BoP, current) was 2.72 BoP, current US$ per person in 2023. ◆ Volatile
Charges for the use of intellectual property, receipts (BoP, current) in Bermuda, 2006–2023
Source: Statizoid (derived). Measured in BoP, current US$ per person.
Analysis
In 2023, charges for the use of intellectual property, receipts (bop, current) in Bermuda stood at 2.72 BoP, current US$ per person.
That represents a change of down 0.4% on the previous year and up 1,760.9% over ten years.
Over the whole period, charges for the use of intellectual property, receipts (bop, current) in Bermuda peaked at 6.1 BoP, current US$ per person in 2017 and was at its lowest, 0.0514 BoP, current US$ per person, in 2010.
Bermuda ranks 75th of 154 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, receipts (BoP, current) in Bermuda, year by year
| Year | BoP, current US$ per person | Change |
|---|---|---|
| 2006 | 3.66 BoP, current US$ per person | — |
| 2007 | 0.8852 BoP, current US$ per person | -75.8% |
| 2008 | 1.73 BoP, current US$ per person | +95.8% |
| 2009 | 0.4034 BoP, current US$ per person | -76.7% |
| 2010 | 0.0514 BoP, current US$ per person | -87.3% |
| 2011 | 0.1315 BoP, current US$ per person | +156.2% |
| 2012 | 0.135 BoP, current US$ per person | +2.6% |
| 2013 | 0.146 BoP, current US$ per person | +8.2% |
| 2016 | 1.97 BoP, current US$ per person | +1249.4% |
| 2017 | 6.1 BoP, current US$ per person | +209.8% |
| 2018 | 4.73 BoP, current US$ per person | -22.6% |
| 2019 | 2.61 BoP, current US$ per person | -44.7% |
| 2020 | 2.6 BoP, current US$ per person | -0.5% |
| 2021 | 2.63 BoP, current US$ per person | +1.1% |
| 2022 | 2.73 BoP, current US$ per person | +3.7% |
| 2023 | 2.72 BoP, current US$ per person | -0.4% |
Bermuda compared with similar countries
- Bermuda's 2.72 BoP, current US$ per person is below the median for high income countries, which is 87.85 BoP, current US$ per person, 3% of the median. (59 countries reporting)
Biggest year-on-year movements
Years where Charges for the use of intellectual property, receipts (BoP, current) in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +1249.4% | 0.146 BoP, current US$ per person | 1.97 BoP, current US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.67 BoP, current US$ per person | 0.4034 BoP, current US$ per person | 3.66 BoP, current US$ per person | 4 |
| 2010s | 1.98 BoP, current US$ per person | 0.0514 BoP, current US$ per person | 6.1 BoP, current US$ per person | 8 |
| 2020s | 2.67 BoP, current US$ per person | 2.6 BoP, current US$ per person | 2.73 BoP, current US$ per person | 4 |
Countries ranked near Bermuda
- 72 South Africa 3.63 BoP, current US$ per person compare
- 73 Mexico 3.09 BoP, current US$ per person compare
- 74 Haiti 2.83 BoP, current US$ per person compare
- 76 Albania 2.26 BoP, current US$ per person compare
- 77 Jamaica 2.15 BoP, current US$ per person compare
- 78 Saint Kitts and Nevis 2.12 BoP, current US$ per person compare
More economy & growth data for Bermuda
- Foreign direct investment, net outflows (BoP, current US$), gaps 33.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 522.99 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 117.84 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -21.86 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0128 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,823 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 4.44 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 15,245 current LCU per person (2024)
- General government final consumption expenditure (current LCU), per 0.1072 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is charges for the use of intellectual property, receipts (bop, current) in Bermuda?
- Charges for the use of intellectual property, receipts (bop, current) in Bermuda was 2.72 BoP, current US$ per person in 2023, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, receipts (bop, current) recorded in Bermuda?
- The highest recorded value was 6.1 BoP, current US$ per person in 2017.
- What is the lowest charges for the use of intellectual property, receipts (bop, current) recorded in Bermuda?
- The lowest recorded value was 0.0514 BoP, current US$ per person in 2010.
- How does Bermuda rank for charges for the use of intellectual property, receipts (bop, current)?
- Bermuda ranks 75th out of 154 countries with data for 2023.
- Is charges for the use of intellectual property, receipts (bop, current) rising or falling in Bermuda?
- Over the last ten years it is up 1,760.9%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Statizoid (derived), published as part of Charges for the use of intellectual property, receipts (BoP, current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Charges for the use of intellectual property, receipts (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Charges for the use of intellectual property, receipts (BoP, current US$) ÷ Population, total
Computed from
- Charges for the use of intellectual property, receipts Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Charges for the use of intellectual property, receipts (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.