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

Key figures

What the numbers say

In 2025, Grenada's charges for the use of intellectual property, payments (BoP, current US$) rose 4.1% on 2024 (from US$11.99 million to US$12.49 million).

Across the 30 yearly changes before that (1995 to 2024), the average change was +18.2% and a typical year strayed about 39.6% from that (the standard deviation). This year's change was 0.4 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 167.3% in 2006 and the biggest yearly fall was 34.1% in 2002. 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 2025 there is no clear straight-line trend: a straight line explains 26% 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

In 2025, Grenada had the 100th highest value of the 117 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.

Closest to Grenada in the 2025 ranking

• St. Lucia — 97th of 117: US$16.75 million
• Madagascar — 98th of 117: US$15.91 million
• Antigua and Barbuda — 99th of 117: US$12.49 million
• Paraguay — 101st of 117: US$12.11 million
• Iraq — 102nd of 117: US$8.6 million
• Dominica — 103rd of 117: US$8.26 million

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 40 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)
• Aruba — US$6.39 million (2023)
• 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)

More economic policy & debt data for Grenada

• Total reserves, including gold (current US$) — US$408.15 million (2025)
• Total reserves, excluding gold (current US$) — US$408.15 million (2025)
• External debt stocks, total (DOD, current US$) — US$863.28 million (2024)
• External debt stocks, long-term (DOD, current US$) — US$786.99 million (2024)
• External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) — US$786.99 million (2024)
• Short-term debt (% of total external debt) — 1.82% (2024)
• Net financial flows, bilateral (NFL, current US$) — US$6.5 million (2024)
• IFC, private nonguaranteed (NFL, current US$) — US$0 (2024)
• PPG, official creditors (NFL, current US$)

Reading data like this

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Questions people ask

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

US$12.49 million in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1986?

It is up 4,114% from US$296,296 in 1986 (10.07% a year on average, compounded). The highest value was US$13.66 million in 2019 and the lowest US$225,926 in 1995.

How does Grenada rank?

100th highest of 117 economies with data for 2025.

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

In 2025, Grenada's charges for the use of intellectual property, payments (BoP, current US$) rose 4.1% on 2024 (from US$11.99 million to US$12.49 million). Across the 30 yearly changes before that (1995 to 2024), the average change was +18.2% and a typical year strayed about 39.6% from that (the standard deviation). This year's change was 0.4 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 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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