Bermuda: Charges for the use of intellectual property, receipts (BoP, current US$)

Key figures

What the numbers say

In 2023, Bermuda's charges for the use of intellectual property, receipts (BoP, current US$) fell 0.5% on 2022 (from US$176,596 to US$175,783).

Across the 13 yearly changes before that (2007 to 2022), the average change was +13.3% and a typical year strayed about 90.1% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 210.4% in 2017 and the biggest yearly fall was 87.2% in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2023 there is no clear straight-line trend: a straight line explains 13% of the movement over 8 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 Bermuda in the 2023 ranking

• Curaçao — 3rd of 9: US$4.74 million
• Sint Maarten (Dutch part) — 4th of 9: US$396,643
• Guyana — 5th of 9: US$353,000
• Mali — 7th of 9: US$60,092
• Aruba — 8th of 9: US$45,134
• Tajikistan — 9th of 9: US$660

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 16 values

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

• Canada — US$7.81 billion (2025)
• United States — US$195.27 billion (2025)

More economic policy & debt data for Bermuda

• GDP (current US$) — US$9.19 billion (2024)
• GDP (current LCU) — 9.19 billion (2024)
• GDP (constant 2015 US$) — US$7.53 billion (2024)
• GDP (constant LCU) — 7.1 billion (2024)
• GDP per capita (current US$) — US$142,250 (2024)
• GDP per capita (current LCU) — 142,250 (2024)
• GDP per capita (constant 2015 US$) — US$116,514 (2024)
• GDP per capita (constant LCU) — 109,864 (2024)
• GDP (annual % growth) — 1.89% (2024)
• GDP per capita (annual % growth) — 1.99% (2024)
• Adjusted savings, education expenditure (% of GNI)

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Questions people ask

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

US$175,783 in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is down 23.57% from US$230,000 in 2006 (1.57% a year on average, compounded). The highest value was US$387,998 in 2017 and the lowest US$3,272 in 2010.

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

In 2023, Bermuda's charges for the use of intellectual property, receipts (BoP, current US$) fell 0.5% on 2022 (from US$176,596 to US$175,783). Across the 13 yearly changes before that (2007 to 2022), the average change was +13.3% and a typical year strayed about 90.1% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator BX.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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