Venezuela, RB's charges for the use of intellectual property, payments (BoP, current US$) was US$138 million in 2025, the latest year in the World Bank's World Development Indicators. That is down 64.71% from US$391 million in 2015 (9.89% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$138 million | 2025 |
| Five years earlier | US$94 million | 2020 |
| Ten years earlier | US$391 million | 2015 |
| Highest | US$400 million | 2014 |
| Lowest | US$2 million | 1996 |
| Average since 2016 | US$143.8 million | 2016–2025 |
| First recorded | US$2 million |
What the numbers say
In 2025, Venezuela, RB's charges for the use of intellectual property, payments (BoP, current US$) rose 8.7% on 2024 (from US$127 million to US$138 million).
Across the 28 yearly changes before that (1997 to 2024), the average change was +259.8% and a typical year strayed about 1,360.4% 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 7,200% in 1997 and the biggest yearly fall was 37.1% in 2016. 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 the straight-line trend is downward, about US$11.59 million a year. A straight line explains 42% 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 2025, Venezuela, RB had the 73rd 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.
| Value | Year | |
|---|---|---|
| Venezuela, RB | US$138 million | 2025 |
| World | US$753.95 billion | 2025 |
| Latin America & Caribbean | US$30.06 billion | 2025 |
| Lower middle income | US$21.52 billion | 2025 |
Closest to Venezuela, RB in the 2025 ranking
What this measures
Charges for the use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 30 values
| Year | Charges for the use of intellectual property, payments (BoP, current US$) |
|---|---|
| 2025 | 138,000,000 |
| 2024 | 127,000,000 |
| 2023 | 133,000,000 |
| 2022 | 93,000,000 |
| 2021 | 86,000,000 |
| 2020 | 94,000,000 |
| 2019 | 146,000,000 |
| 2018 | 149,000,000 |
| 2017 | 226,000,000 |
| 2016 | 246,000,000 |
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$12.33 billion (2025)
More economic policy & debt data for Venezuela, RB
- Final consumption expenditure (current US$) — US$88.98 billion (2025)
- Final consumption expenditure (current LCU) — 14.72 trillion (2025)
- Final consumption expenditure (% of GDP) — 89.28% (2025)
- Gross national expenditure (current US$) — US$94.88 billion (2025)
- Gross national expenditure (current LCU) — 15.7 trillion (2025)
- Gross national expenditure (% of GDP) — 95.21% (2025)
- Exports of goods and services (current US$) — US$14.85 billion (2025)
- Exports of goods and services (current LCU) — 2.46 trillion (2025)
- Exports of goods and services (% of GDP) — 14.9% (2025)
Reading data like this
Questions people ask
- What is Venezuela, RB's charges for the use of intellectual property, payments (BoP, current US$)?
- US$138 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1996?
- It is up 6,800% from US$2 million in 1996 (15.72% a year on average, compounded). The highest value was US$400 million in 2014 and the lowest US$2 million in 1996.
- How does Venezuela, RB rank?
- 73rd highest of 117 economies with data for 2025.
- Is the latest change in charges for the use of intellectual property, payments (BoP, current US$) unusual for Venezuela, RB?
- In 2025, Venezuela, RB's charges for the use of intellectual property, payments (BoP, current US$) rose 8.7% on 2024 (from US$127 million to US$138 million). Across the 28 yearly changes before that (1997 to 2024), the average change was +259.8% and a typical year strayed about 1,360.4% 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 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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