Life insurance premium volume to GDP (%) in Chile
Chile: Life insurance premium volume to GDP (%) was 1.9% in 2020. ▬ Flat
Life insurance premium volume to GDP in Chile, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
Chile recorded 1.9% for life insurance premium volume to gdp in 2020.
That represents a change of down 27.2% on the previous year and down 15.3% over ten years.
Over the whole period, life insurance premium volume to gdp in Chile peaked at 3.1% in 1990 and was at its lowest, 1.9%, in 2006.
That places Chile 36th out of 162 countries with data for 2020, putting it in the top quarter.
Life insurance premium volume to GDP (%) in Chile, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 3.1% | — |
| 1991 | 2.9% | -6.2% |
| 1992 | 2.6% | -13.0% |
| 1993 | 2.4% | -5.8% |
| 1994 | 2.2% | -6.7% |
| 1995 | 2.1% | -8.5% |
| 1996 | 2.2% | +7.2% |
| 1997 | 2.2% | +0.3% |
| 1998 | 2.0% | -8.1% |
| 1999 | 2.4% | +16.9% |
| 2000 | 2.6% | +10.3% |
| 2001 | 2.7% | +4.3% |
| 2002 | 2.4% | -12.1% |
| 2003 | 2.5% | +3.3% |
| 2004 | 2.4% | -2.9% |
| 2005 | 2.2% | -10.2% |
| 2006 | 1.9% | -13.0% |
| 2007 | 2.1% | +9.9% |
| 2008 | 2.3% | +11.8% |
| 2009 | 2.2% | -6.9% |
| 2010 | 2.3% | +6.4% |
| 2011 | 2.2% | -3.6% |
| 2012 | 2.5% | +13.8% |
| 2013 | 2.5% | -0.2% |
| 2014 | 2.5% | -2.2% |
| 2015 | 2.8% | +15.9% |
| 2016 | 3.1% | +9.1% |
| 2017 | 2.8% | -8.9% |
| 2018 | 2.8% | +0.2% |
| 2019 | 2.7% | -5.9% |
| 2020 | 1.9% | -27.2% |
Chile compared with similar countries
- Chile's 1.9% is above the median for high income countries, which is 1.6%, 1.2× the median. (59 countries reporting)
- Chile's 1.9% is above the median for Latin America & Caribbean, which is 1.0%, 2.0× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.4% | 2.0% | 3.1% | 10 |
| 2000s | 2.3% | 1.9% | 2.7% | 10 |
| 2010s | 2.6% | 2.2% | 3.1% | 10 |
| 2020s | 1.9% | 1.9% | 1.9% | 1 |
Countries ranked near Chile
More financial sector data for Chile
- Reserve position in the IMF, US dollar, annual growth rate 7.62 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 31.58 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.48 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 23.06 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.62 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 31.58 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.48 % change on previous year (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Chile?
- Life insurance premium volume to gdp in Chile was 1.9% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Chile?
- The highest recorded value was 3.1% in 1990.
- What is the lowest life insurance premium volume to gdp recorded in Chile?
- The lowest recorded value was 1.9% in 2006.
- How does Chile rank for life insurance premium volume to gdp?
- Chile ranks 36th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Chile?
- Over the last ten years it is down 15.3%. The long-run trend across the full record is flat.
- Where does this Chile data come from?
- The figures come from Sigma Reports, Swiss Re, published as part of Life insurance premium volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Premium data is taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators.