Montenegro - 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 Montenegro was $4,688,292 as of 2021. Over the past 14 years, the value for this indicator has fluctuated between $11,628,960 in 2009 and $2,822,505 in 2011.

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
2007 $9,020,037
2008 $11,280,170
2009 $11,628,960
2010 $8,872,927
2011 $2,822,505
2012 $3,078,426
2013 $4,457,702
2014 $5,296,925
2015 $3,446,391
2016 $6,014,926
2017 $5,101,166
2018 $6,034,348
2019 $5,874,127
2020 $3,714,631
2021 $4,688,292

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 Montenegro was $541,777 as of 2021. Over the past 14 years, the value for this indicator has fluctuated between $3,253,681 in 2010 and $431,557 in 2018.

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
2007 $1,377,886
2008 $2,064,613
2009 $1,146,930
2010 $3,253,681
2011 $815,132
2012 $1,229,709
2013 $767,396
2014 $1,135,560
2015 $764,803
2016 $559,078
2017 $510,571
2018 $431,557
2019 $734,715
2020 $495,992
2021 $541,777

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments