European Union - 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 European Union was $8,623,569,000 as of 2021. Over the past 54 years, the value for this indicator has fluctuated between $211,405,000,000 in 2020 and $65,193,370 in 1967.

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
1967 $65,193,370
1968 $73,480,660
1969 $101,933,700
1970 $169,253,200
1971 $603,669,800
1972 $723,238,300
1973 $908,575,800
1974 $1,036,235,000
1975 $1,986,618,000
1976 $2,143,882,000
1977 $2,296,889,000
1978 $2,716,707,000
1979 $3,597,268,000
1980 $4,082,769,000
1981 $3,619,657,000
1982 $3,524,020,000
1983 $3,568,722,000
1984 $3,515,717,000
1985 $3,934,892,000
1986 $5,382,046,000
1987 $6,815,750,000
1988 $8,236,658,000
1989 $8,611,669,000
1990 $11,395,080,000
1991 $11,675,870,000
1992 $12,174,930,000
1993 $11,918,520,000
1994 $12,593,530,000
1995 $15,021,490,000
1996 $15,126,550,000
1997 $15,209,860,000
1998 $16,168,700,000
1999 $18,305,310,000
2000 $17,283,500,000
2001 $16,908,940,000
2002 $18,315,590,000
2003 $22,376,970,000
2004 $46,306,350,000
2005 $73,598,230,000
2006 $79,847,270,000
2007 $92,160,480,000
2008 $116,788,000,000
2009 $108,141,000,000
2010 $111,223,000,000
2011 $120,973,000,000
2012 $114,512,000,000
2013 $131,732,000,000
2014 $161,522,000,000
2015 $200,398,000,000
2016 $172,041,000,000
2017 $185,445,000,000
2018 $202,022,000,000
2019 $207,587,000,000
2020 $211,405,000,000
2021 $8,623,569,000

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 European Union was $6,074,932,000 as of 2021. Over the past 54 years, the value for this indicator has fluctuated between $147,092,000,000 in 2020 and $58,839,780 in 1968.

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
1967 $64,640,880
1968 $58,839,780
1969 $82,872,930
1970 $116,788,000
1971 $282,429,200
1972 $340,877,000
1973 $410,821,300
1974 $475,242,600
1975 $776,875,900
1976 $820,384,300
1977 $986,948,200
1978 $1,220,082,000
1979 $1,542,708,000
1980 $1,749,021,000
1981 $1,647,858,000
1982 $1,464,011,000
1983 $1,775,098,000
1984 $1,493,524,000
1985 $1,657,693,000
1986 $2,323,040,000
1987 $3,230,214,000
1988 $3,773,293,000
1989 $3,946,377,000
1990 $6,176,176,000
1991 $5,837,407,000
1992 $6,316,770,000
1993 $6,603,962,000
1994 $7,705,898,000
1995 $8,622,885,000
1996 $9,117,429,000
1997 $9,021,127,000
1998 $10,154,810,000
1999 $12,808,030,000
2000 $12,773,270,000
2001 $13,358,680,000
2002 $16,476,500,000
2003 $19,152,250,000
2004 $39,111,790,000
2005 $46,577,500,000
2006 $47,960,360,000
2007 $61,027,660,000
2008 $71,611,510,000
2009 $68,021,670,000
2010 $71,704,000,000
2011 $82,457,190,000
2012 $81,622,790,000
2013 $94,192,940,000
2014 $111,845,000,000
2015 $111,591,000,000
2016 $108,526,000,000
2017 $122,500,000,000
2018 $141,266,000,000
2019 $141,468,000,000
2020 $147,092,000,000
2021 $6,074,932,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments