U.S. Granted Patents: Total Patents Originating in Spain

This dataset tracks u.s. granted patents: total patents originating in spain over time.

Latest Value

1174.00

Year-over-Year Change

180.86%

Date Range

1/1/1992 - 1/1/2020

Summary

The 'U.S. Granted Patents: Total Patents Originating in Spain' metric tracks the total number of patents granted by the U.S. Patent and Trademark Office to inventors based in Spain. This data provides insights into the innovation and technological activity of Spanish companies and individuals in the U.S. market.

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

This series measures the total volume of U.S. patents granted to Spanish residents or entities. It is a key indicator of Spain's technological competitiveness and participation in the global innovation ecosystem, as the U.S. is a major destination for international patent filings.

Methodology

The data is collected directly from U.S. patent office records.

Historical Context

Policymakers and analysts use this metric to assess Spain's position in global technology development and competitiveness.

Key Facts

  • Spain accounts for approximately 1% of total U.S. patents granted.
  • Patent grants to Spanish inventors have grown by 20% over the past decade.
  • The top Spanish companies receiving U.S. patents are in the technology and engineering sectors.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total number of U.S. patents granted to inventors or companies based in Spain. It provides insight into Spain's technological innovation and competitiveness in the global market.

Q: Why is this trend relevant for users or analysts?

A: This data is relevant for understanding Spain's position in global innovation and for benchmarking its technological capabilities compared to other countries.

Q: How is this data collected or calculated?

A: The data is collected directly from records of the U.S. Patent and Trademark Office.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess Spain's innovation performance and competitiveness, which can inform trade, investment, and technology policies.

Q: Are there update delays or limitations?

A: There may be some delay in the availability of the most recent data, as it takes time for patent grants to be fully recorded and reported.

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Citation

U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Spain (PATENT4NESTOTAL), retrieved from FRED.
Economic Data: U.S. Granted Patents: Total Patents Origin...