Bahamas: Patent applications by residents

* indicates monthly or quarterly data series

Patent applications by residents

 Latest value 4
 Year 2017
 Measure patent applications
 Data availability 1981 - 2017
 Average 2
 Min - Max 1 - 4
 Source The World Intellectual Property Organization
For that indicator, we provide data for the Bahamas from 1981 to 2017. The average value for the Bahamas during that period was 2 patent applications with a minimum of 1 patent applications in 1986 and a maximum of 4 patent applications in 1988. The latest value from 2017 is 4 patent applications. For comparison, the world average in 2017 based on 120 countries is 18092 patent applications. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Bahamas - Patent applications by residents - Recent values chart

Historical chart
Bahamas - Patent applications by residents - historical chart - 1981-2017

Definition: 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.

 Related indicators Latest value Reference Measure
 Information technology exports 0.71 2020 percent
 High tech exports 0.00 2022 million U.S. dollars
 High tech exports, percent of manufactured exports 0.00 2022 percent
 Patent applications by residents 4 2017 patent applications
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