Royalty and license fees, receipts (BoP, current US$)
Definition: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars.
Description: The map below shows how Royalty and license fees, receipts (BoP, current US$) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is United States, with a value of $105,583,000,000.00. The country with the lowest value in the world is Tanzania, with a value of $122.00.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.