Cayman Islands - Royalty and license fees

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

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
2016 $81,139,540
2017 $68,007,590
2018 $74,328,320
2019 $74,938,820

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

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
2016 $8,294,114
2017 $9,293,717
2018 $15,524,660
2019 $11,226,640

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments