Insurance and Financial Services (As % of Service Imports, BoP) in Chile

Insurance and financial services as a percentage of service imports from the balance of payment reached 9.20 % in 2017 in Chile, according to the National Central Bank / OECD. This is 6.36 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Chile reached an all time high of 11.9 % in 2009 and an all time low of 1.08 % in 1984. When compared to Chile's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Argentina amounted to 2.70 %, 5.59 % in Bolivia, 7.80 % in Paraguay and 3.47 % in Uruguay in 2017.

Chile has been ranked 46th within the group of 155 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 17 places behind the position seen 10 years ago.

Insurance and financial services (% of service imports, BoP) cover various types of insurance provided to residents by non-resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and non-residents.

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