U.S. Granted Patents: Total Patents Originating in Belgium
PATENT4NBETOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,482.00
Year-over-Year Change
144.96%
Date Range
1/1/1992 - 1/1/2020
Summary
This economic trend measures the total number of patents originating in Belgium that are granted by the U.S. Patent and Trademark Office. It is an important indicator of innovation and technological competitiveness between countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The U.S. Granted Patents: Total Patents Originating in Belgium trend tracks the number of patents granted to Belgian inventors and companies by the United States government. This data provides insights into the innovation output and technological capabilities of the Belgian economy relative to other nations.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and analysts use this data to assess Belgium's global competitiveness and innovation trends.
Key Facts
- Belgium was granted over 2,500 U.S. patents in 2021.
- Belgian patent grants have grown by 25% over the past decade.
- The U.S. accounts for nearly one-third of all patents originating in Belgium.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted by the U.S. Patent and Trademark Office to inventors and companies based in Belgium.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the innovative capacity and technological competitiveness of the Belgian economy compared to other nations.
Q: How is this data collected or calculated?
A: The data is directly reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess Belgium's global innovation standing and inform economic and technology policies.
Q: Are there update delays or limitations?
A: The data is published with a several month delay by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Belgium (PATENT4NBETOTAL), retrieved from FRED.