Bhutan's charges for the use of intellectual property, payments (BoP, current US$) was US$337,285 in 2024, the latest year in the World Bank's World Development Indicators. That is down 49.28% from US$665,038 in 2014 (6.56% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$337,285 | 2024 |
| Five years earlier | US$221,117 | 2019 |
| Ten years earlier | US$665,038 | 2014 |
| Highest | US$665,038 | 2014 |
| Lowest | US$4,023 | 2006 |
| Average since 2015 | US$212,533 | 2015–2024 |
| First recorded | US$4,023 |
What the numbers say
In 2024, Bhutan's charges for the use of intellectual property, payments (BoP, current US$) rose 4,332.5% on 2023 (from US$7,609 to US$337,285).
Across the 17 yearly changes before that (2007 to 2023), the average change was +211.8% and a typical year strayed about 649.4% from that (the standard deviation). This year's change was 6.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 4,332.5% in 2024 and the biggest yearly fall was 80.5% in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$36,930 a year. A straight line explains 44% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Bhutan had the 20th highest value of the 20 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Bhutan | US$337,285 | 2024 |
| World | US$753.95 billion | 2025 |
| South Asia | US$19.12 billion | 2025 |
| Lower middle income | US$21.52 billion | 2025 |
Closest to Bhutan in the 2024 ranking
- Nicaragua — 16th of 20: US$1.4 million
- West Bank and Gaza — 17th of 20: US$644,519
- Burkina Faso — 18th of 20: US$387,343
- Timor-Leste — 20th of 20: US$638
What this measures
Charges for the use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 19 values
| Year | Charges for the use of intellectual property, payments (BoP, current US$) |
|---|---|
| 2024 | 337,285 |
| 2023 | 7,609 |
| 2022 | 11,157 |
| 2021 | 19,896 |
| 2020 | 102,284 |
| 2019 | 221,117 |
| 2018 | 304,211 |
| 2017 | 279,474 |
| 2016 | 355,876 |
| 2015 | 486,417 |
Charges for the use of intellectual property, payments (BoP, current US$) in nearby economies
- Bangladesh — US$92.24 million (2025)
- India — US$18.76 billion (2025)
- Maldives — US$79.47 million (2025)
More economic policy & debt data for Bhutan
- Grants, excluding technical cooperation (BoP, current US$) — US$40.14 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$77.45 million (2023)
- Net official development assistance and official aid received (current US$) — US$156.84 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$156.84 million (2023)
- Net official development assistance received (current US$) — US$156.84 million (2023)
- Net official development assistance received (constant 2023 US$) — US$156.84 million (2023)
- Net ODA received per capita (current US$) — US$199.44 (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$)
Reading data like this
Questions people ask
- What is Bhutan's charges for the use of intellectual property, payments (BoP, current US$)?
- US$337,285 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 8,283% from US$4,023 in 2006 (27.9% a year on average, compounded). The highest value was US$665,038 in 2014 and the lowest US$4,023 in 2006.
- How does Bhutan rank?
- 20th highest of 20 economies with data for 2024.
- Is the latest change in charges for the use of intellectual property, payments (BoP, current US$) unusual for Bhutan?
- In 2024, Bhutan's charges for the use of intellectual property, payments (BoP, current US$) rose 4,332.5% on 2023 (from US$7,609 to US$337,285). Across the 17 yearly changes before that (2007 to 2023), the average change was +211.8% and a typical year strayed about 649.4% from that (the standard deviation). This year's change was 6.3 standard deviations above that average, so it was unusually large compared with the rest of the record.
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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