Charges for the use of intellectual property, receipts in Bermuda
Bermuda: Charges for the use of intellectual property, receipts was 175,783 BoP, current US$ in 2023. ◆ Volatile
Charges for the use of intellectual property, receipts in Bermuda, 2006–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for charges for the use of intellectual property, receipts in Bermuda is 175,783 BoP, current US$, measured in 2023.
Compared with earlier readings it is down 0.5% on the previous year and up 1,793.8% over ten years.
Over the whole period, charges for the use of intellectual property, receipts in Bermuda peaked at 387,998 BoP, current US$ in 2017 and was at its lowest, 3,272 BoP, current US$, in 2010.
Bermuda ranks 127th of 153 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Charges for the use of intellectual property, receipts in Bermuda, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2006 | 230,000 BoP, current US$ | — |
| 2007 | 55,773 BoP, current US$ | -75.8% |
| 2008 | 109,680 BoP, current US$ | +96.7% |
| 2009 | 25,643 BoP, current US$ | -76.6% |
| 2010 | 3,272 BoP, current US$ | -87.2% |
| 2011 | 8,384 BoP, current US$ | +156.2% |
| 2012 | 8,589 BoP, current US$ | +2.5% |
| 2013 | 9,282 BoP, current US$ | +8.1% |
| 2016 | 125,000 BoP, current US$ | +1246.7% |
| 2017 | 387,998 BoP, current US$ | +210.4% |
| 2018 | 301,663 BoP, current US$ | -22.3% |
| 2019 | 167,500 BoP, current US$ | -44.5% |
| 2020 | 167,458 BoP, current US$ | -0.0% |
| 2021 | 170,048 BoP, current US$ | +1.5% |
| 2022 | 176,596 BoP, current US$ | +3.9% |
| 2023 | 175,783 BoP, current US$ | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 105,274 BoP, current US$ | 25,643 BoP, current US$ | 230,000 BoP, current US$ | 4 |
| 2010s | 126,461 BoP, current US$ | 3,272 BoP, current US$ | 387,998 BoP, current US$ | 8 |
| 2020s | 172,471 BoP, current US$ | 167,458 BoP, current US$ | 176,596 BoP, current US$ | 4 |
Countries ranked near Bermuda
More economy & growth data for Bermuda
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.7413 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9638 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 137,106 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.92 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), annual 4.66 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7902 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 112,409 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.92 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 6,143 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant 2015 US$) 4.66 % change on previous year (2024)
Frequently asked questions
- What is charges for the use of intellectual property, receipts in Bermuda?
- Charges for the use of intellectual property, receipts in Bermuda was 175,783 BoP, current US$ in 2023, 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, receipts recorded in Bermuda?
- The highest recorded value was 387,998 BoP, current US$ in 2017.
- What is the lowest charges for the use of intellectual property, receipts recorded in Bermuda?
- The lowest recorded value was 3,272 BoP, current US$ in 2010.
- How does Bermuda rank for charges for the use of intellectual property, receipts?
- Bermuda ranks 127th out of 153 countries with data for 2023.
- Is charges for the use of intellectual property, receipts rising or falling in Bermuda?
- Over the last ten years it is up 1,793.8%. The long-run trend across the full record is volatile.
- Where does this Bermuda 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, receipts (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.