Charges for the use of intellectual property, receipts in Cayman Islands
Cayman Islands: Charges for the use of intellectual property, receipts was 3.46 million BoP, current US$ in 2024. ◆ Volatile
Charges for the use of intellectual property, receipts in Cayman Islands, 2016–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for charges for the use of intellectual property, receipts in Cayman Islands is 3.46 million BoP, current US$, measured in 2024. That is the lowest value across all 9 years on record.
The figure is down 13.0% on the previous year and down 58.3% over ten years.
Over the whole period, charges for the use of intellectual property, receipts in Cayman Islands peaked at 20.62 million BoP, current US$ in 2022 and was at its lowest, 3.46 million BoP, current US$, in 2024.
That places Cayman Islands 98th out of 154 countries with data for 2024, putting it in the middle of the range.
Charges for the use of intellectual property, receipts in Cayman Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2016 | 8.29 million BoP, current US$ | — |
| 2017 | 9.29 million BoP, current US$ | +12.1% |
| 2018 | 15.52 million BoP, current US$ | +67.0% |
| 2019 | 11.23 million BoP, current US$ | -27.7% |
| 2020 | 19.07 million BoP, current US$ | +69.8% |
| 2021 | 18.40 million BoP, current US$ | -3.5% |
| 2022 | 20.62 million BoP, current US$ | +12.0% |
| 2023 | 3.97 million BoP, current US$ | -80.7% |
| 2024 | 3.46 million BoP, current US$ | -13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.08 million BoP, current US$ | 8.29 million BoP, current US$ | 15.52 million BoP, current US$ | 4 |
| 2020s | 13.10 million BoP, current US$ | 3.46 million BoP, current US$ | 20.62 million BoP, current US$ | 5 |
Countries ranked near Cayman Islands
- 95 Republic of Moldova 4.38 million BoP, current US$ compare
- 96 Sierra Leone 3.78 million BoP, current US$
- 97 Namibia 3.74 million BoP, current US$ compare
- 99 Mongolia 2.88 million BoP, current US$ compare
- 100 Madagascar 2.85 million BoP, current US$ compare
- 101 Samoa 2.63 million BoP, current US$ compare
More economy & growth data for Cayman Islands
- GDP (current US$), per capita 104,293 current US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6391 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 66,652 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.25 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 0.8333 current LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2024)
- GDP (current LCU), per capita 86,910 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 79,983 constant 2015 US$ per person (2024)
- GDP (current LCU), annual growth rate 6.25 % change on previous year (2024)
Frequently asked questions
- What is charges for the use of intellectual property, receipts in Cayman Islands?
- Charges for the use of intellectual property, receipts in Cayman Islands was 3.46 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, receipts recorded in Cayman Islands?
- The highest recorded value was 20.62 million BoP, current US$ in 2022.
- What is the lowest charges for the use of intellectual property, receipts recorded in Cayman Islands?
- The lowest recorded value was 3.46 million BoP, current US$ in 2024.
- How does Cayman Islands rank for charges for the use of intellectual property, receipts?
- Cayman Islands ranks 98th out of 154 countries with data for 2024.
- Is charges for the use of intellectual property, receipts rising or falling in Cayman Islands?
- Over the last ten years it is down 58.3%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands 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.
Download this data
CSV · JSON — 9 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.