Bermuda - Royalty and license fees

Charges for the use of intellectual property, payments (BoP, current US$)

The latest value for Charges for the use of intellectual property, payments (BoP, current US$) in Bermuda was $3,219,426 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between $11,763,870 in 2014 and $3,219,426 in 2020.

Definition: Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of 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). Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2006 $4,690,000
2007 $4,600,187
2008 $6,328,374
2009 $9,317,683
2010 $8,796,580
2011 $9,900,275
2012 $10,277,580
2013 $10,932,020
2014 $11,763,870
2015 $8,594,322
2016 $8,461,475
2017 $8,090,867
2018 $6,990,154
2019 $4,366,600
2020 $3,219,426

Charges for the use of intellectual property, receipts (BoP, current US$)

The latest value for Charges for the use of intellectual property, receipts (BoP, current US$) in Bermuda was $167,458.10 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between $387,998.00 in 2017 and $0.00 in 2014.

Definition: Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of 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). Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2006 $230,000.00
2007 $55,773.41
2008 $109,680.00
2009 $25,642.89
2010 $3,272.42
2011 $8,384.00
2012 $8,589.41
2013 $9,281.91
2014 $0.00
2015 $0.00
2016 $125,000.00
2017 $387,998.00
2018 $301,663.00
2019 $167,500.00
2020 $167,458.10

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments