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

Key figures

What the numbers say

In 2023, Aruba's charges for the use of intellectual property, payments (BoP, current US$) fell 55.1% on 2022 (from US$14.24 million to US$6.39 million).

Across the 23 yearly changes before that (2000 to 2022), the average change was +23.9% and a typical year strayed about 56.5% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 241.5% in 2001 and the biggest yearly fall was 55.1% in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 25% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

Closest to Aruba in the 2023 ranking

• Curaçao — 1st of 7: US$26.06 million
• Lebanon — 2nd of 7: US$10.81 million
• Sint Maarten (Dutch part) — 4th of 7: US$2.65 million
• Comoros — 5th of 7: US$2.36 million
• Guyana — 6th of 7: US$964,060

What this measures

Charges for the use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in 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). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 25 values

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

• Antigua and Barbuda — US$12.49 million (2025)
• Argentina — US$2.15 billion (2025)
• Bahamas, The — US$16.91 million (2024)
• Barbados — US$14.56 million (2017)
• Belize — US$19.16 million (2025)
• Bolivia — US$18.69 million (2025)
• Brazil — US$12.33 billion (2025)
• Chile — US$1.61 billion (2025)

More economic policy & debt data for Aruba

• Adjusted savings, education expenditure (% of GNI) — 5.75% (2021)
• Adjusted savings, carbon dioxide damage (current US$) — US$57.5 million (2021)
• Adjusted savings, net forest depletion (current US$) — US$64,588 (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Foreign direct investment, net outflows (BoP, current US$) — US$18.18 million (2025)
• Foreign direct investment, net inflows (BoP, current US$) — US$71.08 million (2025)
• Total reserves, including gold (current US$) — US$2.23 billion (2025)
• Total reserves, excluding gold (current US$) — US$1.79 billion (2025)
• Foreign direct investment, net outflows (% of GDP)

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Questions people ask

What is Aruba's charges for the use of intellectual property, payments (BoP, current US$)?

US$6.39 million in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1999?

It is up 1,230% from US$480,447 in 1999 (11.38% a year on average, compounded). The highest value was US$17.52 million in 2016 and the lowest US$458,101 in 2000.

Is the latest change in charges for the use of intellectual property, payments (BoP, current US$) unusual for Aruba?

In 2023, Aruba's charges for the use of intellectual property, payments (BoP, current US$) fell 55.1% on 2022 (from US$14.24 million to US$6.39 million). Across the 23 yearly changes before that (2000 to 2022), the average change was +23.9% and a typical year strayed about 56.5% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator BM.GSR.ROYL.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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