Insurance and financial services as a percentage of service exports from the balance of payment fell 18.6% to 6.07% in Chile in 2024, according to the National Central Bank / OECD.
Historically, insurance and financial services as a percentage of service exports from the balance of payment in Chile reached an all time high of 11.2% in 2021 and an all time low of 1.39% in 1994.
Chile has been ranked 28th within the group of 97 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 23 places above the position seen 10 years ago.
Insurance and Financial Services (As % of Service Exports, BoP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Argentina | % | 1.56% | 1.64% | 2.31% | 1.94% | 1.68% | ||||||||||||||||
Bolivia | % | 0.448% | 0.451% | 0.375% | 0.496% | 0.186% | ... | |||||||||||||||
Brazil | % | 3.85% | 6.00% | 5.13% | 5.83% | 5.75% | ||||||||||||||||
Chile | % | 5.63% | 6.41% | 10.8% | 11.2% | 8.30% | ||||||||||||||||
Paraguay | % | 0.655% | 0.605% | 1.21% | 1.11% | 0.760% | ||||||||||||||||
Peru | % | 3.20% | 2.28% | 7.15% | 7.41% | 4.85% | ||||||||||||||||
Uruguay | % | 5.83% | 5.68% | 7.65% | 8.15% | 4.60% |