Guyana's charges for the use of intellectual property, payments (BoP, current US$) was US$964,060 in 2023, the latest year in the World Bank's World Development Indicators. That is down 98.54% from US$65.99 million in 2013 (34.47% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$964,060 | 2023 |
| Five years earlier | US$5.26 million | 2018 |
| Ten years earlier | US$65.99 million | 2013 |
| Highest | US$65.99 million | 2013 |
| Lowest | US$864,380 | 2022 |
| Average since 2014 | US$8.16 million | 2014–2023 |
| First recorded | US$10 million |
What the numbers say
In 2023, Guyana's charges for the use of intellectual property, payments (BoP, current US$) rose 11.5% on 2022 (from US$864,380 to US$964,060).
Across the 26 yearly changes before that (1997 to 2022), the average change was +35% and a typical year strayed about 194.5% from that (the standard deviation). This year's change was 0.1 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 925% in 1998 and the biggest yearly fall was 88% in 1997. 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 the straight-line trend is downward, about US$2.46 million a year. A straight line explains 86% 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
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Guyana | US$964,060 | 2023 |
| World | US$753.95 billion | 2025 |
| Latin America & Caribbean | US$30.06 billion | 2025 |
| High income | US$636.42 billion | 2025 |
Closest to Guyana in the 2023 ranking
- Aruba — 3rd of 7: US$6.39 million
- Sint Maarten (Dutch part) — 4th of 7: US$2.65 million
- Comoros — 5th of 7: US$2.36 million
- Senegal — 7th of 7: US$281,204
What this measures
Charges for the use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 28 values
| Year | Charges for the use of intellectual property, payments (BoP, current US$) |
|---|---|
| 2023 | 964,060 |
| 2022 | 864,380 |
| 2021 | 2,985,673 |
| 2020 | 2,426,130 |
| 2019 | 3,677,280 |
| 2018 | 5,260,000 |
| 2017 | 9,405,354 |
| 2016 | 13,827,630 |
| 2015 | 18,244,000 |
| 2014 | 23,943,000 |
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$12.33 billion (2025)
More economic policy & debt data for Guyana
- Total reserves, including gold (current US$) — US$1.36 billion (2025)
- Total reserves, excluding gold (current US$) — US$1.36 billion (2025)
- Agriculture, forestry, and fishing, value added (current US$) — US$2.1 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 436.98 billion (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) — US$1.62 billion (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) — 363.35 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 7.73% (2025)
- Manufacturing, value added (current US$) — US$514.49 million (2025)
- Manufacturing, value added (current LCU)
Reading data like this
Questions people ask
- What is Guyana's charges for the use of intellectual property, payments (BoP, current US$)?
- US$964,060 in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1996?
- It is down 90.36% from US$10 million in 1996 (8.3% a year on average, compounded). The highest value was US$65.99 million in 2013 and the lowest US$864,380 in 2022.
- Is the latest change in charges for the use of intellectual property, payments (BoP, current US$) unusual for Guyana?
- In 2023, Guyana's charges for the use of intellectual property, payments (BoP, current US$) rose 11.5% on 2022 (from US$864,380 to US$964,060). Across the 26 yearly changes before that (1997 to 2022), the average change was +35% and a typical year strayed about 194.5% from that (the standard deviation). This year's change was 0.1 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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