Insurance and financial services in Chile
Chile: Insurance and financial services was 6.0% in 2025. ▲ Rising
Insurance and financial services in Chile, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for insurance and financial services in Chile is 6.0%, measured in 2025.
That represents a change of down 3.2% on the previous year and up 7.7% over ten years.
Over the whole period, insurance and financial services in Chile peaked at 11.2% in 2021 and was at its lowest, 1.4%, in 1994.
Chile ranks 58th of 190 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Insurance and financial services in Chile, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1975 | 3.6% | — |
| 1976 | 3.4% | -5.4% |
| 1977 | 2.8% | -17.6% |
| 1978 | 3.4% | +19.8% |
| 1979 | 3.2% | -4.9% |
| 1980 | 2.1% | -34.2% |
| 1981 | 1.5% | -31.6% |
| 1982 | 1.9% | +28.2% |
| 1983 | 2.2% | +19.5% |
| 1984 | 2.5% | +10.5% |
| 1985 | 5.7% | +130.7% |
| 1986 | 4.8% | -14.9% |
| 1987 | 4.6% | -4.5% |
| 1988 | 6.2% | +35.7% |
| 1989 | 3.5% | -43.6% |
| 1990 | 4.8% | +35.0% |
| 1991 | 2.2% | -53.8% |
| 1992 | 3.3% | +49.2% |
| 1993 | 3.7% | +12.7% |
| 1994 | 1.4% | -62.2% |
| 1995 | 7.2% | +416.4% |
| 1996 | 3.3% | -54.4% |
| 1997 | 3.0% | -8.4% |
| 1998 | 2.4% | -20.3% |
| 1999 | 3.1% | +28.0% |
| 2000 | 2.8% | -9.5% |
| 2001 | 2.5% | -9.0% |
| 2002 | 3.7% | +46.4% |
| 2003 | 2.7% | -27.0% |
| 2004 | 2.9% | +8.8% |
| 2005 | 2.8% | -3.9% |
| 2006 | 3.2% | +12.8% |
| 2007 | 3.3% | +4.5% |
| 2008 | 3.2% | -4.4% |
| 2009 | 3.6% | +13.1% |
| 2010 | 3.9% | +9.3% |
| 2011 | 4.2% | +7.6% |
| 2012 | 4.3% | +1.9% |
| 2013 | 4.5% | +3.4% |
| 2014 | 4.2% | -5.7% |
| 2015 | 5.6% | +32.0% |
| 2016 | 5.8% | +5.3% |
| 2017 | 5.7% | -1.8% |
| 2018 | 5.6% | -1.9% |
| 2019 | 6.4% | +13.8% |
| 2020 | 10.8% | +68.2% |
| 2021 | 11.2% | +4.2% |
| 2022 | 8.3% | -26.1% |
| 2023 | 7.5% | -10.1% |
| 2024 | 6.2% | -17.3% |
| 2025 | 6.0% | -3.2% |
Chile compared with similar countries
- Chile's 6.0% is above the median for high income countries, which is 5.3%, 1.1× the median. (69 countries reporting)
- Chile's 6.0% is above the median for Latin America & Caribbean, which is 2.7%, 2.2× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Chile changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +416.4% | 1.4% | 7.2% |
| 1985 | +130.7% | 2.5% | 5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.3% | 2.8% | 3.6% | 5 |
| 1980s | 3.5% | 1.5% | 6.2% | 10 |
| 1990s | 3.4% | 1.4% | 7.2% | 10 |
| 2000s | 3.1% | 2.5% | 3.7% | 10 |
| 2010s | 5.0% | 3.9% | 6.4% | 10 |
| 2020s | 8.3% | 6.0% | 11.2% | 6 |
Countries ranked near Chile
More economy & growth data for Chile
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 8.68 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0243 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 437.31 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 14.51 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 10.75 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0406 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 730.79 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 11.37 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Chile?
- Insurance and financial services in Chile was 6.0% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Chile?
- The highest recorded value was 11.2% in 2021.
- What is the lowest insurance and financial services recorded in Chile?
- The lowest recorded value was 1.4% in 1994.
- How does Chile rank for insurance and financial services?
- Chile ranks 58th out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Chile?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is rising.
- Where does this Chile data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.