Iceland IS: Trade Balance: USD: All Services: Charges For The Use Of Intellectual Property N.I.E

Iceland IS: Trade Balance: USD: All Services: Charges For The Use Of Intellectual Property N.I.E data was reported at 13.900 USD mn in 2023. This records a decrease from the previous number of 16.300 USD mn for 2022. Iceland IS: Trade Balance: USD: All Services: Charges For The Use Of Intellectual Property N.I.E data is updated yearly, averaging 18.300 USD mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 148.600 USD mn in 2015 and a record low of -26.200 USD mn in 2019. Iceland IS: Trade Balance: USD: All Services: Charges For The Use Of Intellectual Property N.I.E data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Iceland – Table IS.OECD.TISP: Trade in Services: Trade Balance: USD: by Services: OECD Member: Annual. The present section covers intellectual property products that are not included elsewhere in EBOPS 2010. Charges for the use of intellectual property n.i.e. include: Charges for the use of proprietary rights, such as patents, trademarks, copyrights, industrial processes and designs, trade secrets, and franchises, where rights arise from research and development, as well as from marketing, Charges for licences to reproduce and/or distribute 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 the recording of live performances and for television, cable or satellite broadcast. The production of books, recordings, films, software, disks, etc., is a two-stage process, of which the first stage is the production of the original and the second stage, the production and use of copies of the original. The output of the first stage is the original itself over which legal or de facto ownership can be established by copyright, patent or secrecy. The owner of the asset may use it directly to produce copies that give the purchaser the right to use. Alternatively, the owner may license other producers to reproduce and distribute the content. The payments made by the licensee may be described in various ways, including as fees, commissions or royalties. In contrast with temporary rights to use, which are included in this category, outright sales of patents, copyrights relating to the results of research and development and industrial processes and designs are included under research and development services. Along the same lines, temporary rights related to computer software and audio-visual originals are treated differently from outright sales.

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What was Iceland's Iceland IS: Trade Balance: USD: All Services: Charges For The Use Of Intellectual Property N.I.E in 2023?

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