{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"cl-non-life-insurance-penetration-gdp","url":"https://apiardata.com/statistics/cl-non-life-insurance-penetration-gdp","html_url":"https://apiardata.com/statistics/cl-non-life-insurance-penetration-gdp/","title":"Chile Non-Life Insurance Premium Penetration (% of GDP) (2024)","description":"Chile's Non-Life Insurance Premium Penetration (% of GDP): 1.5 % of GDP in 2024, -0.3pp YoY. OECD (OECD.DAF.CM:DSD_INS@DF_IND), 2006–2024.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","OECD","Chile","2024"],"publisher":"OECD","frequency":"Annual","geography":"Chile","temporal_coverage":"2006/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"Chile Non-Life Insurance Premium Penetration (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"OECD","url":"https://data-explorer.oecd.org/vis?fs[0]=Topic%2C0%7CFinancial+sector%23FIN%23&pg=0&fc=Topic&bp=true&snb=10"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2006–2024"},{"label":"Observations","value":"17"},{"label":"Geography","value":"Chile"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Chile (2024)","value":"1.5","unit":"% of GDP","trend":{"direction":"down","value":"-0.3pp YoY"}},{"label":"YoY Change","value":"-0.3pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"17","unit":"years of data"}],"series":[{"key":"value","label":"Chile Non-Life Insurance Premium Penetration (% of GDP)"}],"observation_count":17,"observations":[{"period":"2006","value":1.183},{"period":"2009","value":1.262},{"period":"2010","value":1.294},{"period":"2011","value":1.436},{"period":"2012","value":1.441},{"period":"2013","value":1.403},{"period":"2014","value":1.424},{"period":"2015","value":1.468},{"period":"2016","value":1.455},{"period":"2017","value":1.407},{"period":"2018","value":1.464},{"period":"2019","value":1.51},{"period":"2020","value":1.567},{"period":"2021","value":1.541},{"period":"2022","value":1.729},{"period":"2023","value":1.753},{"period":"2024","value":1.506}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"Change"}],"rows":[{"year":"2024","value":"1.5","yoyChange":"-0.3pp"},{"year":"2023","value":"1.8","yoyChange":"+0.1pp"},{"year":"2022","value":"1.7","yoyChange":"+0.2pp"},{"year":"2021","value":"1.5","yoyChange":"-0.1pp"},{"year":"2020","value":"1.6","yoyChange":"+0.1pp"},{"year":"2019","value":"1.5","yoyChange":"unchanged"},{"year":"2018","value":"1.5","yoyChange":"+0.1pp"},{"year":"2017","value":"1.4","yoyChange":"-0.1pp"},{"year":"2016","value":"1.5","yoyChange":"unchanged"},{"year":"2015","value":"1.5","yoyChange":"+0.1pp"},{"year":"2014","value":"1.4","yoyChange":"unchanged"},{"year":"2013","value":"1.4","yoyChange":"unchanged"},{"year":"2012","value":"1.4","yoyChange":"unchanged"},{"year":"2011","value":"1.4","yoyChange":"+0.1pp"},{"year":"2010","value":"1.3","yoyChange":"unchanged"},{"year":"2009","value":"1.3","yoyChange":"n/a"},{"year":"2006","value":"1.2","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks non-life insurance (P&C) gross written premiums as a share of GDP in Chile from 2000 to present. Non-life penetration measures commercial risk transfer capacity and SME insurance coverage depth. It is published by OECD and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2024. OECD typically publishes this series with a lag of several months after the reference period. The series runs 2006–2024 (17 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 1.8 % of GDP in 2023 and reached its lowest recorded value of 1.2 in 2006. The latest reading of 1.5 in 2024 represents a change of -0.3pp."}]}