# Charges for the use of intellectual property, payments (BoP, current US$) — LAC
> Latest: 26.97 billion (2025). Change: +18.7% vs 2024.
- Frequency: Annual · Coverage: 1968–2025
- Data updated: 2026-10-08
- Source: World Bank — BM.GSR.ROYL.CD — https://data.worldbank.org/indicator/BM.GSR.ROYL.CD
- License: CC BY 4.0
- Interactive chart: https://econdash.org/chart/wdi-bm-gsr-royl-cd/LAC
## Recent values
| Year | Value |
| :--- | :--- |
| 2021 | 14.67B |
| 2022 | 17.93B |
| 2023 | 18.85B |
| 2024 | 22.73B |
| 2025 | 26.97B |
## How to cite
APA: World Bank. (2025). Charges for the use of intellectual property, payments (BoP, current US$) — LAC [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-bm-gsr-royl-cd/LAC. Original source: https://data.worldbank.org/indicator/BM.GSR.ROYL.CD
## Full data
Full time series: https://econdash.org/docs/agent-payments (free API trial for core indicators of 10 major economies; otherwise an API key or pay per call)