Charges for the use of intellectual property, payments (BoP, current US$)
Definition: Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.
Description: The map below shows how Charges for the use of intellectual property, payments (BoP, current US$) 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 Ireland, with a value of 76,057,450,000.00. The country with the lowest value in the world is Liberia, with a value of 0.00.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
Aggregation method: Sum
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.