Charges for the use of intellectual property, receipts (BoP, current) in Faroe Islands
Faroe Islands: Charges for the use of intellectual property, receipts (BoP, current) was 847.55 BoP, current US$ per square kilometre in 2011. ◆ Volatile
Charges for the use of intellectual property, receipts (BoP, current) in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Faroe Islands recorded 847.55 BoP, current US$ per square kilometre for charges for the use of intellectual property, receipts (bop, current) in 2011.
The figure is up 2.5% on the previous year and up 5,815.9% over ten years.
Over the whole period, charges for the use of intellectual property, receipts (bop, current) in Faroe Islands peaked at 1,010 BoP, current US$ per square kilometre in 2009 and was at its lowest, 7.16 BoP, current US$ per square kilometre, in 1998.
Faroe Islands ranks 50th of 151 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 Faroe Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1998 | 7.16 BoP, current US$ per square kilometre | — |
| 1999 | 7.16 BoP, current US$ per square kilometre | +0.0% |
| 2000 | 7.16 BoP, current US$ per square kilometre | +0.0% |
| 2001 | 14.33 BoP, current US$ per square kilometre | +100.0% |
| 2002 | 7.16 BoP, current US$ per square kilometre | -50.0% |
| 2003 | 14.33 BoP, current US$ per square kilometre | +100.0% |
| 2004 | 14.55 BoP, current US$ per square kilometre | +1.6% |
| 2005 | 172.25 BoP, current US$ per square kilometre | +1083.5% |
| 2006 | 246.03 BoP, current US$ per square kilometre | +42.8% |
| 2007 | 684.9 BoP, current US$ per square kilometre | +178.4% |
| 2008 | 86.27 BoP, current US$ per square kilometre | -87.4% |
| 2009 | 1,010 BoP, current US$ per square kilometre | +1071.1% |
| 2010 | 827.27 BoP, current US$ per square kilometre | -18.1% |
| 2011 | 847.55 BoP, current US$ per square kilometre | +2.5% |
Faroe Islands compared with similar countries
- Faroe Islands's 847.55 BoP, current US$ per square kilometre is below the median for high income countries, which is 4,473 BoP, current US$ per square kilometre, 19% of the median. (59 countries reporting)
- Faroe Islands's 847.55 BoP, current US$ per square kilometre is below the median for Europe & Central Asia, which is 2,442 BoP, current US$ per square kilometre, 35% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Charges for the use of intellectual property, receipts (BoP, current) in Faroe Islands 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 |
|---|---|---|---|
| 2005 | +1083.5% | 14.55 BoP, current US$ per square kilometre | 172.25 BoP, current US$ per square kilometre |
| 2009 | +1071.1% | 86.27 BoP, current US$ per square kilometre | 1,010 BoP, current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.16 BoP, current US$ per square kilometre | 7.16 BoP, current US$ per square kilometre | 7.16 BoP, current US$ per square kilometre | 2 |
| 2000s | 225.74 BoP, current US$ per square kilometre | 7.16 BoP, current US$ per square kilometre | 1,010 BoP, current US$ per square kilometre | 10 |
| 2010s | 837.41 BoP, current US$ per square kilometre | 827.27 BoP, current US$ per square kilometre | 847.55 BoP, current US$ per square kilometre | 2 |
Countries ranked near Faroe Islands
- 47 Haiti 1,079 BoP, current US$ per square kilometre compare
- 48 Canada 960.85 BoP, current US$ per square kilometre compare
- 49 Malaysia 858.25 BoP, current US$ per square kilometre compare
- 51 North Macedonia 815.04 BoP, current US$ per square kilometre compare
- 52 Turkey 778.3 BoP, current US$ per square kilometre
- 53 Australia 682.34 BoP, current US$ per square kilometre compare
More economy & growth data for Faroe Islands
- Exports of goods and services (current US$), per unit of GDP 0.5456 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate -7.73 % change on previous year (2024)
- Exports of goods and services (current LCU), per capita 279,001 current LCU per person (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.76 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), annual growth rate -1.89 % change on previous year (2024)
- Exports of goods and services (current US$), per capita 40,467 current US$ per person (2024)
- Gross national expenditure (current LCU), per capita 494,217 current LCU per person (2024)
- Gross national expenditure (current LCU), annual growth rate 0.4583 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 6.66 current LCU per US$ of GDP (2024)
- Gross capital formation (current US$), per unit of GDP 0.2817 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is charges for the use of intellectual property, receipts (bop, current) in Faroe Islands?
- Charges for the use of intellectual property, receipts (bop, current) in Faroe Islands was 847.55 BoP, current US$ per square kilometre in 2011, according to Statizoid (derived).
- What is the highest charges for the use of intellectual property, receipts (bop, current) recorded in Faroe Islands?
- The highest recorded value was 1,010 BoP, current US$ per square kilometre in 2009.
- What is the lowest charges for the use of intellectual property, receipts (bop, current) recorded in Faroe Islands?
- The lowest recorded value was 7.16 BoP, current US$ per square kilometre in 1998.
- How does Faroe Islands rank for charges for the use of intellectual property, receipts (bop, current)?
- Faroe Islands ranks 50th out of 151 countries with data for 2011.
- Is charges for the use of intellectual property, receipts (bop, current) rising or falling in Faroe Islands?
- Over the last ten years it is up 5,815.9%. The long-run trend across the full record is volatile.
- Where does this Faroe 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$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Charges for the use of intellectual property, receipts (BoP, current US$) 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.