Venezuela, RB: Patent applications, nonresidents

Key figures

Since 1980 it is down 89.24% from 1,831 in 1980 (4.94% a year on average, compounded). The World Bank has no value for 9 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, Venezuela, RB's patent applications, nonresidents fell 10.5% on 2023 (from 220 to 197).

Across the 29 yearly changes before that (1981 to 2023), the average change was −4% and a typical year strayed about 15.7% 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 27.5% in 1997 and the biggest yearly fall was 39.7% in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those 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, Venezuela, RB had the 62nd highest value of the 118 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 Venezuela, RB in the 2024 ranking

• Tunisia — 59th of 118: 215
• Denmark — 60th of 118: 204
• Dominican Republic — 61st of 118: 202
• Sri Lanka — 63rd of 118: 181
• Honduras — 64th of 118: 177
• Austria — 65th of 118: 159

What this measures

Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.

Limitations: Data are based on information supplied to World Intellectual Property Organization (WIPO) by IP offices in annual surveys, supplemented by data in national IP office reports. Data may be missing for some offices or periods.

Regional and income-group figures are computed by the World Bank as a sum.

All 36 values

Patent applications, nonresidents in nearby economies

• Antigua and Barbuda — 4 (2024)
• Argentina — 3,146 (2024)
• Bahamas, The — 48 (2017)
• Barbados — 12 (2024)
• Belize — 23 (2024)
• Bolivia — 216 (2022)
• Brazil — 19,845 (2024)
• Chile — 2,829 (2024)
• Colombia — 1,661 (2024)
• Costa Rica — 438 (2024)
• Cuba — 30 (2024)

More infrastructure data for Venezuela, RB

• Fixed telephone subscriptions — 2.42 million (2024)
• Fixed telephone subscriptions (per 100 people) — 8.51 (2024)
• Air transport, registered carrier departures worldwide — 23,302 (2023)
• Air transport, freight (million ton-km) — 0.12 (2023)
• Air transport, passengers carried — 1.78 million (2023)
• Mobile cellular subscriptions — 20.17 million (2024)
• Mobile cellular subscriptions (per 100 people) — 71.01 (2024)
• ICT service exports (BoP, current US$) — US$42 million (2025)
• ICT service exports (% of service exports, BoP) — 3.69% (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Venezuela, RB's patent applications, nonresidents?

197 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1980?

It is down 89.24% from 1,831 in 1980 (4.94% a year on average, compounded). The highest value was 2,479 in 2007 and the lowest 197 in 2024.

How does Venezuela, RB rank?

62nd highest of 118 economies with data for 2024.

Is the latest change in patent applications, nonresidents unusual for Venezuela, RB?

In 2024, Venezuela, RB's patent applications, nonresidents fell 10.5% on 2023 (from 220 to 197). Across the 29 yearly changes before that (1981 to 2023), the average change was −4% and a typical year strayed about 15.7% 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 IP.PAT.NRES, licensed CC BY 4.0. Original source: WIPO Patent Report: Statistics on Worldwide Patent Activity, World Intellectual Property Organization (WIPO), note: The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data. 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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