Georgia - 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 Georgia was $54,890,640 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $54,890,640 in 2020 and $4,871,461 in 2007.

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
2000 $7,144,249
2001 $6,753,654
2002 $10,685,440
2003 $10,601,490
2004 $5,671,522
2005 $5,320,755
2006 $5,023,551
2007 $4,871,461
2008 $8,403,514
2009 $8,559,177
2010 $7,404,610
2011 $7,956,805
2012 $7,590,402
2013 $13,438,270
2014 $19,348,330
2015 $6,985,877
2016 $19,491,610
2017 $24,691,780
2018 $27,053,210
2019 $40,652,760
2020 $54,890,640

Aggregation method: Sum

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments