Former Soviet republics Compared by Economy > Royalty and license fees > Payments > BoP > Current US$
DEFINITION:
Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars.
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Interesting observations about Economy > Royalty and license fees > Payments > BoP > Current US$
- United States ranked first for royalty and license fees > payments > boP > current US$ amongst Christian countries in 2005.
- China ranked first for royalty and license fees > payments > boP > current US$ amongst Emerging markets in 2005.
- Ireland ranked first for royalty and license fees > payments > boP > current US$ amongst European Union in 2005.
- United Kingdom ranked first for royalty and license fees > payments > boP > current US$ amongst NATO countries in 2005.
- Brazil ranked first for royalty and license fees > payments > boP > current US$ amongst Latin America and Caribbean in 2005.
- Italy ranked last for royalty and license fees > payments > boP > current US$ amongst Group of 7 countries (G7) in 2005.
- Singapore ranked first for royalty and license fees > payments > boP > current US$ amongst Hot countries in 2005.
- Germany ranked third for royalty and license fees > payments > boP > current US$ amongst Europe in 2005.
- Argentina ranked first for royalty and license fees > payments > boP > current US$ amongst Former Spanish colonies in 2005.
- Japan ranked third for royalty and license fees > payments > boP > current US$ amongst High income OECD countries in 2005.