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SIGNATURE JOHN J. ARTHUR
TITLE SR V.P & TREASURER
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<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. Capital
Appreciation Fund for the July 31, 1994 semiannual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> AIM V.I. CAPITAL APPRECIATION FUND
<S> <C>
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<LEGEND>
This schedule contains summary financial information for the AIM V.I.
Deversified Income Fund for the July 31, 1994 semiannual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
<NUMBER> 2
<NAME> AIM V.I. DIVERSIFIED INCOME FUND
<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. Government
Securities Fund for the July 31, 1994 annual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
<NUMBER> 3
<NAME> AIM V.I. GOVERNMENT SECURITIES FUND
<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. Growth
Fund for the July 31, 1994 semiannual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
<NUMBER> 4
<NAME> AIM V.I. GROWTH FUND
<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I.
International Equity Fund for the July 31, 1994 semiannual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
<NUMBER> 5
<NAME> AIM V.I. INTERNATIONAL EQUITY FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-1995
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. Money
Market Fund for the July 31, 1994 semiannual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
<NUMBER> 6
<NAME> AIM V.I. MONEY MARKET
<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. Value Fund
for the July 31, 1994 semiannual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
<NUMBER> 7
<NAME> AIM V.I. VALUE FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-1995
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 74892808
<INVESTMENTS-AT-VALUE> 76330284
<RECEIVABLES> 1724939
<ASSETS-OTHER> 12143
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 78067366
<PAYABLE-FOR-SECURITIES> 3368767
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 67470
<TOTAL-LIABILITIES> 3436237
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 74068971
<SHARES-COMMON-STOCK> 6451902
<SHARES-COMMON-PRIOR> 3142571
<ACCUMULATED-NII-CURRENT> 255579
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1130897
<ACCUM-APPREC-OR-DEPREC> 1437476
<NET-ASSETS> 74631129
<DIVIDEND-INCOME> 204024
<INTEREST-INCOME> 292063
<OTHER-INCOME> 0
<EXPENSES-NET> 238676
<NET-INVESTMENT-INCOME> 257411
<REALIZED-GAINS-CURRENT> (913401)
<APPREC-INCREASE-CURRENT> (2018512)
<NET-CHANGE-FROM-OPS> (2674502)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3366007
<NUMBER-OF-SHARES-REDEEMED> (56676)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 36376502
<ACCUMULATED-NII-PRIOR> (1832)
<ACCUMULATED-GAINS-PRIOR> (217496)
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-EXPENSE> 238676
<AVERAGE-NET-ASSETS> 56162915
<PER-SHARE-NAV-BEGIN> 12.17
<PER-SHARE-NII> .04
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<PER-SHARE-NAV-END> 11.57
<EXPENSE-RATIO> .86
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. Growth &
Income Fund for the July 31, 1994 semiannual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
<NUMBER> 8
<NAME> AIM V.I. GROWTH & INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-1995
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 3505143
<INVESTMENTS-AT-VALUE> 3541093
<RECEIVABLES> 136264
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3677357
<PAYABLE-FOR-SECURITIES> 495359
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4853
<TOTAL-LIABILITIES> 500212
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3141774
<SHARES-COMMON-STOCK> 316608
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 8327
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 8906
<ACCUM-APPREC-OR-DEPREC> 35950
<NET-ASSETS> 3177145
<DIVIDEND-INCOME> 8524
<INTEREST-INCOME> 5716
<OTHER-INCOME> 0
<EXPENSES-NET> 5913
<NET-INVESTMENT-INCOME> 8327
<REALIZED-GAINS-CURRENT> (8906)
<APPREC-INCREASE-CURRENT> 35950
<NET-CHANGE-FROM-OPS> 35371
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 324639
<NUMBER-OF-SHARES-REDEEMED> (8031)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3177145
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2978
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8891
<AVERAGE-NET-ASSETS> 1858025
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> .03
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<PER-SHARE-NAV-END> 10.03
<EXPENSE-RATIO> 1.82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information for the AIM V.I. Utilities
Fund for the July 31, 1994 semiannual report.
</LEGEND>
<CIK> 0000896435
<NAME> AIM VARIABLE INSURANCE FUNDS, INC.
<SERIES>
<NUMBER> 9
<NAME> AIM V.I. UTILITIES FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-1995
<PERIOD-END> JUL-31-1994
<INVESTMENTS-AT-COST> 1576061
<INVESTMENTS-AT-VALUE> 1586626
<RECEIVABLES> 112311
<ASSETS-OTHER> 139
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1699076
<PAYABLE-FOR-SECURITIES> 26068
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 31774
<TOTAL-LIABILITIES> 57842
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1627308
<SHARES-COMMON-STOCK> 165421
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 13849
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 10709
<ACCUM-APPREC-OR-DEPREC> 10786
<NET-ASSETS> 1641234
<DIVIDEND-INCOME> 11963
<INTEREST-INCOME> 4792
<OTHER-INCOME> 0
<EXPENSES-NET> 2906
<NET-INVESTMENT-INCOME> 13849
<REALIZED-GAINS-CURRENT> (10709)
<APPREC-INCREASE-CURRENT> 10786
<NET-CHANGE-FROM-OPS> 13926
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 165468
<NUMBER-OF-SHARES-REDEEMED> (47)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1641234
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1971
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6122
<AVERAGE-NET-ASSETS> 1229835
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> (.16)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.92
<EXPENSE-RATIO> .95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
