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Peru GDP Growth RatePP

Peru GDP Growth Rate

0.6%R
−0.6
%
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PEGDPQQ chart



Key data points


Last release
—
Observation period
Q1 2025
Next release
—
Forecast
—
Highest
30.00 % on Sep 30, 2020
Lowest
−25.90 % on Jun 30, 2020

About Peru GDP Growth Rate


Category
GDP
Source
Instituto Nacional de Estadística e Informática (INEI)
Frequency
Quarterly
Units
%
Peru is one of the fastest growing economies in Latin America. From 2002 to 2012, the country has been growing at an average rate of 1.5 percent on a quarter over quarter basis due to a rise in exports of commodities. As a result, the national poverty rate fell from 48.5 percent in 2004 to 27.8 percent in 2011, yet inequality remains high. In order to keep the current pace of growth, Peru needs to diversify the economy, improve the infrastructure and provide more funds for the development of non-coastal areas. Peru is the world's third-largest producer of copper, zinc and silver.

Peru in figures — see more economic indicators tied to PEGDPQQ.
Full Year GDP Growth
R
PEFYGDPG
3.3%
GDP
R
PEGDP
267.6 BUSD
GDP From Agriculture
R
PEGDPA
7.77 BPEN
GDP From Construction
R
PEGDPC
8.02 BPEN
Real GDP
R
PEGDPCP
140.33 BPEN
GDP From Manufacturing
R
PEGDPMAN
16.24 BPEN
GDP From Mining
R
PEGDPMIN
17.34 BPEN
GDP From Public Administration
R
PEGDPPA
8.07 BPEN
GDP Per Capita
R
PEGDPPC
6.55 KUSD
GDP Per Capita PPP
R
PEGDPPCP
15.29 KUSD
GDP Growth Rate
R
PEGDPQQ
0.6%
GDP From Services
R
PEGDPS
14.06 BPEN
GDP From Transport
R
PEGDPT
7.98 BPEN
GDP From Utilities
R
PEGDPU
2.88 BPEN
GDP Growth
R
PEGDPYY
3.9%
Gross Fixed Capital Formation
R
PEGFCF
33.81 BPEN
Gross National Product
R
PEGNP
293.76 BPEN
Monthly GDP YoY
R
PEMGDPYY
1.4%