Insurance and financial services in Chile
Chile: Insurance and financial services was 6.2% 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 commercial service exports.
Analysis
Chile recorded 6.2% for insurance and financial services in 2025.
That represents a change of down 3.4% on the previous year and up 6.7% over ten years.
Over the whole period, insurance and financial services in Chile peaked at 11.8% in 2021 and was at its lowest, 1.4%, in 1994.
That places Chile 57th out of 190 countries with data for 2025, putting it 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 commercial service exports | Change |
|---|---|---|
| 1975 | 3.8% | — |
| 1976 | 3.7% | -3.4% |
| 1977 | 3.1% | -15.1% |
| 1978 | 3.7% | +19.8% |
| 1979 | 3.5% | -7.0% |
| 1980 | 2.2% | -36.6% |
| 1981 | 1.5% | -30.9% |
| 1982 | 2.0% | +29.2% |
| 1983 | 2.3% | +19.2% |
| 1984 | 2.6% | +12.3% |
| 1985 | 6.0% | +127.2% |
| 1986 | 5.0% | -15.9% |
| 1987 | 4.8% | -4.7% |
| 1988 | 6.6% | +37.2% |
| 1989 | 3.7% | -44.3% |
| 1990 | 4.9% | +34.6% |
| 1991 | 2.3% | -54.0% |
| 1992 | 3.4% | +49.3% |
| 1993 | 3.8% | +12.3% |
| 1994 | 1.4% | -62.3% |
| 1995 | 7.4% | +415.6% |
| 1996 | 3.4% | -54.3% |
| 1997 | 3.1% | -8.6% |
| 1998 | 2.5% | -20.3% |
| 1999 | 3.1% | +27.9% |
| 2000 | 2.8% | -9.6% |
| 2001 | 2.6% | -9.5% |
| 2002 | 3.8% | +46.4% |
| 2003 | 2.8% | -26.8% |
| 2004 | 3.0% | +8.9% |
| 2005 | 2.9% | -3.9% |
| 2006 | 3.3% | +13.4% |
| 2007 | 3.4% | +5.2% |
| 2008 | 3.3% | -4.7% |
| 2009 | 3.7% | +14.2% |
| 2010 | 4.1% | +8.4% |
| 2011 | 4.4% | +7.6% |
| 2012 | 4.5% | +2.3% |
| 2013 | 4.7% | +4.1% |
| 2014 | 4.4% | -5.4% |
| 2015 | 5.8% | +32.1% |
| 2016 | 6.1% | +5.8% |
| 2017 | 6.0% | -2.2% |
| 2018 | 5.9% | -2.0% |
| 2019 | 6.7% | +13.2% |
| 2020 | 11.4% | +70.3% |
| 2021 | 11.8% | +3.5% |
| 2022 | 8.7% | -26.1% |
| 2023 | 7.8% | -10.4% |
| 2024 | 6.4% | -17.4% |
| 2025 | 6.2% | -3.4% |
Chile compared with similar countries
- Chile's 6.2% is above the median for high income countries, which is 5.3%, 1.2× the median. (69 countries reporting)
- Chile's 6.2% is above the median for Latin America & Caribbean, which is 2.7%, 2.3× 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 | +415.6% | 1.4% | 7.4% |
| 1985 | +127.2% | 2.6% | 6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.6% | 3.1% | 3.8% | 5 |
| 1980s | 3.7% | 1.5% | 6.6% | 10 |
| 1990s | 3.5% | 1.4% | 7.4% | 10 |
| 2000s | 3.2% | 2.6% | 3.8% | 10 |
| 2010s | 5.2% | 4.1% | 6.7% | 10 |
| 2020s | 8.7% | 6.2% | 11.8% | 6 |
Countries ranked near Chile
More private sector data for Chile
- Merchandise trade 55.9% (2025)
- Food imports 11.6% (2025)
- Manufactures imports 70.1% (2025)
- Merchandise imports 92.66 billion current US$ (2025)
- Food exports 22.7% (2025)
- Manufactures exports 11.7% (2025)
- Merchandise exports 107.00 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,388 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2994 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.91 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Chile?
- Insurance and financial services in Chile was 6.2% 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 11.8% 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 57th 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 6.7%. 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 commercial service exports). 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
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.