Insurance and financial services in Peru
Peru: Insurance and financial services was 7.9% in 2025. ▼ Falling
Insurance and financial services in Peru, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Peru recorded 7.9% for insurance and financial services in 2025.
Compared with earlier readings it is down 17.3% on the previous year and down 1.1% over ten years.
Over the whole period, insurance and financial services in Peru peaked at 13.4% in 1992 and was at its lowest, 4.0%, in 1979.
That places Peru 73rd out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 49 years of available data.
Insurance and financial services in Peru, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1977 | 8.1% | — |
| 1978 | 8.0% | -1.1% |
| 1979 | 4.0% | -49.9% |
| 1980 | 7.2% | +78.5% |
| 1981 | 7.4% | +2.1% |
| 1982 | 7.1% | -3.5% |
| 1983 | 5.5% | -22.7% |
| 1984 | 11.0% | +101.1% |
| 1985 | 13.1% | +18.3% |
| 1986 | 12.5% | -4.0% |
| 1987 | 11.3% | -9.9% |
| 1988 | 13.3% | +18.1% |
| 1989 | 12.3% | -7.7% |
| 1990 | 10.0% | -18.7% |
| 1991 | 10.0% | -0.2% |
| 1992 | 13.4% | +34.0% |
| 1993 | 11.9% | -11.0% |
| 1994 | 11.9% | +0.2% |
| 1995 | 9.7% | -18.7% |
| 1996 | 10.2% | +5.1% |
| 1997 | 9.3% | -8.9% |
| 1998 | 8.5% | -9.0% |
| 1999 | 7.2% | -14.5% |
| 2000 | 7.2% | -0.2% |
| 2001 | 7.7% | +6.7% |
| 2002 | 10.3% | +33.3% |
| 2003 | 10.9% | +5.9% |
| 2004 | 8.4% | -23.2% |
| 2005 | 8.0% | -3.6% |
| 2006 | 8.7% | +8.4% |
| 2007 | 7.8% | -10.3% |
| 2008 | 8.1% | +4.0% |
| 2009 | 10.8% | +32.3% |
| 2010 | 8.7% | -18.8% |
| 2011 | 9.8% | +12.5% |
| 2012 | 7.1% | -27.4% |
| 2013 | 6.9% | -2.8% |
| 2014 | 7.5% | +8.6% |
| 2015 | 8.0% | +6.2% |
| 2016 | 8.3% | +3.1% |
| 2017 | 7.7% | -6.7% |
| 2018 | 8.0% | +4.1% |
| 2019 | 7.9% | -1.8% |
| 2020 | 10.0% | +27.2% |
| 2021 | 7.6% | -23.7% |
| 2022 | 7.5% | -1.9% |
| 2023 | 9.4% | +25.4% |
| 2024 | 9.6% | +1.9% |
| 2025 | 7.9% | -17.3% |
Peru compared with similar countries
- Peru's 7.9% is above the median for upper middle income countries, which is 6.2%, 1.3× the median. (55 countries reporting)
- Peru's 7.9% is below the median for Latin America & Caribbean, which is 10.1%, 78% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Peru 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 |
|---|---|---|---|
| 1984 | +101.1% | 5.5% | 11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.7% | 4.0% | 8.1% | 3 |
| 1980s | 10.1% | 5.5% | 13.3% | 10 |
| 1990s | 10.2% | 7.2% | 13.4% | 10 |
| 2000s | 8.8% | 7.2% | 10.9% | 10 |
| 2010s | 8.0% | 6.9% | 9.8% | 10 |
| 2020s | 8.7% | 7.5% | 10.0% | 6 |
Countries ranked near Peru
More economy & growth data for Peru
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.35 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.42 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0042 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 41.13 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 10.35 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 54.43 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0309 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 299.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 14.07 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Peru?
- Insurance and financial services in Peru was 7.9% 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 Peru?
- The highest recorded value was 13.4% in 1992.
- What is the lowest insurance and financial services recorded in Peru?
- The lowest recorded value was 4.0% in 1979.
- How does Peru rank for insurance and financial services?
- Peru ranks 73rd out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Peru?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is falling.
- Where does this Peru 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 imports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 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 imports which are services provided by non-residents to residents.