West Bank and Gaza's charges for the use of intellectual property, payments (BoP, current US$) was US$644,519 in 2024, the latest year in the World Bank's World Development Indicators. That is down 29.94% from US$919,960 in 2014 (3.5% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$644,519 | 2024 |
| Five years earlier | US$1.01 million | 2019 |
| Ten years earlier | US$919,960 | 2014 |
| Highest | US$2.73 million | 2005 |
| Lowest | US$2,281 | 1998 |
| Average since 2015 | US$942,023 | 2015–2024 |
| First recorded | US$2,281 |
What the numbers say
In 2024, West Bank and Gaza's charges for the use of intellectual property, payments (BoP, current US$) fell 28% on 2023 (from US$895,583 to US$644,519).
Across the 23 yearly changes before that (2001 to 2023), the average change was +168.4% and a typical year strayed about 699.3% from that (the standard deviation). This year's change was 0.3 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 3,334.3% in 2002 and the biggest yearly fall was 85.1% in 2003. 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$90,552 a year. A straight line explains 51% 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, West Bank and Gaza had the 17th 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 | |
|---|---|---|
| West Bank and Gaza | US$644,519 | 2024 |
| World | US$753.95 billion | 2025 |
| Lower middle income | US$21.52 billion | 2025 |
Closest to West Bank and Gaza in the 2024 ranking
- Solomon Islands — 14th of 20: US$2.16 million
- Fiji — 15th of 20: US$1.66 million
- Nicaragua — 16th of 20: US$1.4 million
- Burkina Faso — 18th of 20: US$387,343
- Bhutan — 19th of 20: US$337,285
- Timor-Leste — 20th of 20: US$638
What this measures
Charges for the use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises), and charges for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 26 values
| Year | Charges for the use of intellectual property, payments (BoP, current US$) |
|---|---|
| 2024 | 644,519 |
| 2023 | 895,583 |
| 2022 | 553,376 |
| 2021 | 396,323 |
| 2020 | 647,603 |
| 2019 | 1,013,404 |
| 2018 | 1,569,027 |
| 2017 | 1,312,419 |
| 2016 | 1,080,077 |
| 2015 | 1,307,902 |
Charges for the use of intellectual property, payments (BoP, current US$) in nearby economies
- Afghanistan — US$6.11 million (2020)
- Algeria — US$246.95 million (2025)
- Egypt, Arab Rep. — US$318.6 million (2025)
- Iraq — US$8.6 million (2025)
- Israel — US$3.67 billion (2025)
- Jordan — US$32.68 million (2024)
- Lebanon — US$10.81 million (2023)
- Malta — US$1.1 billion (2024)
- Morocco
More economic policy & debt data for West Bank and Gaza
- Adjusted savings, education expenditure (% of GNI) — 4.08% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Medium and high-tech manufacturing value added (% manufacturing value added) — 7.21% (2024)
- Primary income payments (BoP, current US$) — US$101.69 million (2025)
- Net primary income (current US$, BoP) — US$1.08 billion (2025)
- General government final consumption expenditure (current US$) — US$2.93 billion (2025)
- General government final consumption expenditure (current LCU) — 2.93 billion (2025)
- General government final consumption expenditure (constant 2015 US$)
Reading data like this
Questions people ask
- What is West Bank and Gaza's charges for the use of intellectual property, payments (BoP, current US$)?
- US$644,519 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1998?
- It is up 28,150% from US$2,281 in 1998 (24.24% a year on average, compounded). The highest value was US$2.73 million in 2005 and the lowest US$2,281 in 1998.
- How does West Bank and Gaza rank?
- 17th highest of 20 economies with data for 2024.
- Is the latest change in charges for the use of intellectual property, payments (BoP, current US$) unusual for West Bank and Gaza?
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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