Vanuatu - Royalty and license fees

Royalty and license fees, payments (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.

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

See also:

Year Value
2002 $201,287
2003 $264,295
2004 $357,284
2005 $466,050
2006 $198,619

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.

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

See also:

Year Value
2006 $180,789
2007 $265,347

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments