Insurance and financial services (% of commercial service imports) in Peru
Peru: Insurance and financial services (% of commercial service imports) was 8.0% 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 commercial service imports.
Analysis
In 2025, insurance and financial services in Peru stood at 8.0%.
Compared with earlier readings it is down 17.3% on the previous year and down 1.8% over ten years.
Over the whole period, insurance and financial services in Peru peaked at 14.5% in 1988 and was at its lowest, 4.4%, in 1979.
That places Peru 74th 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 (% of commercial service imports) in Peru, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1977 | 8.8% | — |
| 1978 | 8.8% | -0.3% |
| 1979 | 4.4% | -50.2% |
| 1980 | 7.7% | +74.9% |
| 1981 | 7.8% | +2.0% |
| 1982 | 7.6% | -3.2% |
| 1983 | 5.9% | -21.7% |
| 1984 | 12.1% | +104.5% |
| 1985 | 14.3% | +18.0% |
| 1986 | 13.7% | -4.4% |
| 1987 | 12.3% | -10.2% |
| 1988 | 14.5% | +18.0% |
| 1989 | 13.4% | -8.0% |
| 1990 | 10.9% | -18.6% |
| 1991 | 10.7% | -1.7% |
| 1992 | 14.2% | +32.7% |
| 1993 | 12.7% | -10.7% |
| 1994 | 12.6% | -0.8% |
| 1995 | 10.1% | -19.3% |
| 1996 | 10.7% | +5.3% |
| 1997 | 9.7% | -9.0% |
| 1998 | 8.9% | -8.1% |
| 1999 | 7.6% | -15.0% |
| 2000 | 7.6% | +0.5% |
| 2001 | 8.1% | +6.4% |
| 2002 | 10.8% | +33.0% |
| 2003 | 11.4% | +5.5% |
| 2004 | 8.7% | -23.3% |
| 2005 | 8.4% | -4.0% |
| 2006 | 9.1% | +8.1% |
| 2007 | 8.1% | -11.1% |
| 2008 | 8.3% | +3.4% |
| 2009 | 11.1% | +33.1% |
| 2010 | 9.0% | -19.3% |
| 2011 | 10.1% | +12.4% |
| 2012 | 7.3% | -27.6% |
| 2013 | 7.1% | -2.8% |
| 2014 | 7.7% | +8.6% |
| 2015 | 8.2% | +6.2% |
| 2016 | 8.4% | +3.2% |
| 2017 | 7.9% | -6.7% |
| 2018 | 8.2% | +3.9% |
| 2019 | 8.0% | -2.0% |
| 2020 | 10.3% | +28.1% |
| 2021 | 7.8% | -24.2% |
| 2022 | 7.6% | -2.2% |
| 2023 | 9.5% | +25.4% |
| 2024 | 9.7% | +1.8% |
| 2025 | 8.0% | -17.3% |
Peru compared with similar countries
- Peru's 8.0% is above the median for upper middle income countries, which is 6.4%, 1.3× the median. (55 countries reporting)
- Peru's 8.0% is below the median for Latin America & Caribbean, which is 10.0%, 80% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services (% of commercial service imports) 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 | +104.5% | 5.9% | 12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.3% | 4.4% | 8.8% | 3 |
| 1980s | 10.9% | 5.9% | 14.5% | 10 |
| 1990s | 10.8% | 7.6% | 14.2% | 10 |
| 2000s | 9.2% | 7.6% | 11.4% | 10 |
| 2010s | 8.2% | 7.1% | 10.1% | 10 |
| 2020s | 8.8% | 7.6% | 10.3% | 6 |
Countries ranked near Peru
More private sector data for Peru
- Merchandise trade 42.8% (2025)
- Food imports 11.9% (2024)
- Manufactures imports 68.2% (2024)
- Merchandise imports 60.63 billion current US$ (2025)
- Commercial service imports 15.66 billion current US$ (2025)
- Food exports 21.2% (2024)
- Manufactures exports 7.4% (2024)
- Merchandise exports 82.69 billion current US$ (2025)
- Commercial service exports 7.45 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,392 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Peru?
- Insurance and financial services in Peru was 8.0% 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 Peru?
- The highest recorded value was 14.5% in 1988.
- What is the lowest insurance and financial services recorded in Peru?
- The lowest recorded value was 4.4% in 1979.
- How does Peru rank for insurance and financial services?
- Peru ranks 74th 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 1.8%. 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 commercial service imports). Statizoid updates them automatically from the source API.
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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 imports which are commercial services provided by non-residents to residents.