Charges for the use of intellectual property, receipts (BoP, current) in Cayman Islands
Cayman Islands: Charges for the use of intellectual property, receipts (BoP, current) was 16,546 BoP, current US$ per square kilometre in 2023. ▲ Rising
Charges for the use of intellectual property, receipts (BoP, current) in Cayman Islands, 2016–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Cayman Islands recorded 16,546 BoP, current US$ per square kilometre for charges for the use of intellectual property, receipts (bop, current) in 2023. That is the lowest value across all 8 years on record.
Compared with earlier readings it is down 80.7% on the previous year and down 52.1% over ten years.
Cayman Islands ranks 24th of 151 countries on this measure, in the top quarter.
Charges for the use of intellectual property, receipts (BoP, current) in Cayman Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 2016 | 34,559 BoP, current US$ per square kilometre | — |
| 2017 | 38,724 BoP, current US$ per square kilometre | +12.1% |
| 2018 | 64,686 BoP, current US$ per square kilometre | +67.0% |
| 2019 | 46,778 BoP, current US$ per square kilometre | -27.7% |
| 2020 | 79,442 BoP, current US$ per square kilometre | +69.8% |
| 2021 | 76,687 BoP, current US$ per square kilometre | -3.5% |
| 2022 | 85,918 BoP, current US$ per square kilometre | +12.0% |
| 2023 | 16,546 BoP, current US$ per square kilometre | -80.7% |
Cayman Islands compared with similar countries
- Cayman Islands's 16,546 BoP, current US$ per square kilometre is above the median for high income countries, which is 4,473 BoP, current US$ per square kilometre, 3.7× the median. (59 countries reporting)
- Cayman Islands's 16,546 BoP, current US$ per square kilometre is above the median for Latin America & Caribbean, which is 165.06 BoP, current US$ per square kilometre, 100.2× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 46,187 BoP, current US$ per square kilometre | 34,559 BoP, current US$ per square kilometre | 64,686 BoP, current US$ per square kilometre | 4 |
| 2020s | 64,648 BoP, current US$ per square kilometre | 16,546 BoP, current US$ per square kilometre | 85,918 BoP, current US$ per square kilometre | 4 |
Countries ranked near Cayman Islands
- 21 Maldives 18,610 BoP, current US$ per square kilometre
- 22 Hungary 18,029 BoP, current US$ per square kilometre compare
- 23 Kiribati 16,584 BoP, current US$ per square kilometre
- 25 United States 16,202 BoP, current US$ per square kilometre compare
- 26 Czechia 12,379 BoP, current US$ per square kilometre compare
- 27 Sint Maarten (Dutch part) 11,666 BoP, current US$ per square kilometre compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), per capita 42,674 BoP, current US$ per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2243 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -23,390 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Total reserves (includes gold, current US$), annual growth rate 7.73 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.4092 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
Frequently asked questions
- What is charges for the use of intellectual property, receipts (bop, current) in Cayman Islands?
- Charges for the use of intellectual property, receipts (bop, current) in Cayman Islands was 16,546 BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, receipts (bop, current) recorded in Cayman Islands?
- The highest recorded value was 85,918 BoP, current US$ per square kilometre in 2022.
- What is the lowest charges for the use of intellectual property, receipts (bop, current) recorded in Cayman Islands?
- The lowest recorded value was 16,546 BoP, current US$ per square kilometre in 2023.
- How does Cayman Islands rank for charges for the use of intellectual property, receipts (bop, current)?
- Cayman Islands ranks 24th out of 151 countries with data for 2023.
- Is charges for the use of intellectual property, receipts (bop, current) rising or falling in Cayman Islands?
- Over the last ten years it is down 52.1%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Charges for the use of intellectual property, receipts (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Charges for the use of intellectual property, receipts (BoP, current US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- Charges for the use of intellectual property, receipts Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Charges for the use of intellectual property, receipts (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.