Bolivia—Patent Applications, Residents
Bolivia's patent applications, residents was 5 in 2021, ranking #114 out of 140 countries. This represents a -37.5% change from 2020. Over the past 5 years, the highest recorded value was 59 (2017) and the lowest was 5 (2021). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 5 | -37.5% |
| 2020 | 8 | -86.4% |
| 2017 | 59 | +391.7% |
| 2016 | 12 | +33.3% |
| 2014 | 9 |
Top Countries — Patent Applications, Residents
| # | Country | Value | Year |
|---|---|---|---|
| 1 | China | 1.4M | 2021 |
| 2 | United States | 262,244 | 2021 |
| 3 | Japan | 222,452 | 2021 |
| 4 | Korea, Rep. | 186,245 | 2021 |
| 5 | Germany | 39,822 | 2021 |
| 6 | India | 26,267 | 2021 |
| 7 | Russian Federation | 19,569 | 2021 |
| 8 | France | 13,386 | 2021 |
| 9 | United Kingdom | 11,592 | 2021 |
| 10 | Italy | 10,281 | 2021 |
About This Indicator
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.
Methodology
Data compiled by WIPO Patent Report: Statistics on Worldwide Patent Activity, World Intellectual Property Organization (WIPO), note: The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data..