Markets Actual Q3 Q4 Q1 Q2 2021
Currency 3.54 3.56 3.57 3.58 3.6 3.62
Stock Market (points) 16976.05 16698 16424 16154 15890 15360
Government Bond 10Y (%) 0.00 5.43 5.43 5.43 5.43 5.43

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -5.00 10 -1 1.6 1.8 2.3
GDP Annual Growth Rate (%) -3.40 -7 -4 1.5 2.3 3.7
Unemployment Rate (%) 13.10 11 9.5 9.3 9.2 9.5
Inflation Rate (%) 1.60 1.6 1.5 1.8 2.1 2.4
Interest Rate (%) 0.25 0.25 0.25 0.25 0.25 0.75
Balance of Trade (USD Million) -663.50 180 1130 850 850 1130
Current Account (USD Million) -1444.00 -1300 -560 -1250 -1250 -120
Current Account to GDP (%) -1.50 -2 -2 -2 -2.1 -2.1
Government Debt to GDP (%) 26.80 30 30 29 29 29
Government Budget (% of GDP) -3.50 -7 -7 -5.5 -5.5 -5.5
Business Confidence (points) 21.80 40 45 47 47 50
Corporate Tax Rate (%) 29.50 29.5 29.5 29.5 29.5 29.5
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -5.00 10 -1 1.6 1.8 2.3
GDP Annual Growth Rate (%) -3.40 -7 -4 1.5 2.3 3.7
GDP (USD Billion) 226.85 199 199 219 219 219
GDP Constant Prices (PEN Million) 123111.36 133329 137951 124958 125943 143055
Gross Fixed Capital Formation (PEN Million) 23520.41 30645 33996 23873 24061 35253
GDP per capita (USD) 6486.63 6190 6190 6300 6300 6300
GDP per capita PPP (USD) 12794.21 13300 13300 13300 12821 13700
GDP From Agriculture (PEN Million) 6567.00 6480 6506 6666 6718 6747
GDP From Construction (PEN Million) 6194.00 7662 8666 6287 6336 8987
GDP From Manufacturing (PEN Million) 14454.00 16810 17722 14671 14786 18377
GDP From Mining (PEN Million) 15036.00 16276 16785 15262 15382 17406
GDP From Public Administration (PEN Million) 6837.00 7072 7716 6940 6994 8001
GDP From Services (PEN Million) 12057.00 14026 14935 12238 12334 15487
GDP From Transport (PEN Million) 7284.00 7274 7406 7393 7452 7680
GDP From Utilities (PEN Million) 2518.00 2431 2494 2556 2576 2586

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 13.10 11 9.5 9.3 9.2 9.5
Employed Persons (Thousand ) 2549.20 4890 4950 4850 4850 4900
Unemployed Persons (Thousand ) 385.10 385 380 375 373 370
Wages (PEN/Month) 1584.00 1680 1700 1700 1700 1700
Minimum Wages (PEN/Month) 930.00 930 930 930 930 970
Population (Million) 32.50 32.7 32.82 32.82 32.82 33.15
Employment Rate (%) 86.90 87 88 90 91 92

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 1.60 1.6 1.5 1.8 2.1 2.4
Consumer Price Index CPI (points) 136.38 134 135 136 137 138
Core Consumer Prices (points) 137.41 132 134 134 134 134
Core Inflation Rate (%) 1.72 1.9 2 2 2.2 2.4
Producer Prices (points) 108.14 109 109 109 109 109
Inflation Rate Mom (%) -0.27 0.1 0.3 0.2 0.3 0.4
Food Inflation (%) 2.13 1.9 1.8 1.9 2 2.2
CPI Housing Utilities (points) 131.89 132 135 135 135 138
CPI Transportation (points) 120.62 120 122 122 123 125

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 0.25 0.25 0.25 0.25 0.25 0.75
Interbank Rate (%) 2.28 2.28 2.28 2.28 2.28 2.28
Foreign Exchange Reserves (USD Million) 73484.00 76000 76500 76500 76500 78000
Loans to Private Sector (PEN Million) 228771.25 188035 190649 208513 234033 197703
Deposit Interest Rate (%) 2.65 2.65 2.65 2.65 2.65 2.65

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -663.50 180 1130 850 850 1130
Current Account (USD Million) -1444.00 -1300 -560 -1250 -1250 -120
Current Account to GDP (%) -1.50 -2 -2 -2 -2.1 -2.1
Imports (USD Million) 2316.00 3350 3670 3800 3800 3710
Exports (USD Million) 1652.00 4130 4750 4650 4650 4750
External Debt (USD Million) 80356.00 83900 83900 83900 83900 83649
Remittances (USD Million) 494.00 900 940 940 940 940
Tourist Arrivals 4371787.00 4390000 4390000 4450000 4450000 4450000

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 26.80 30 30 29 29 29
Government Budget (% of GDP) -3.50 -7 -7 -5.5 -5.5 -5.5
Government Budget Value (PEN Million) -2775.70 1400 1150 1150 1150 1150
Government Spending (PEN Million) 13274.41 14185 18530 13474 13580 19215
Military Expenditure (USD Million) 2689.00 2670 2670 2670 2670 2690

Taxes Actual Q3 Q4 Q1 Q2 2021
Corporate Tax Rate (%) 29.50 29.5 29.5 29.5 29.5 29.5
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 18.00 18 18 18 18 18

Business Actual Q3 Q4 Q1 Q2 2021
Business Confidence (points) 21.80 40 45 47 47 50
Industrial Production (%) -55.12 3.3 3.3 3.3 3.3 2.9
Leading Economic Index (%) -40.49 -0.5 1.5 1.9 2.5 3.2
Copper Production (Tonnes) 125224.57 212000 235000 218000 218000 240000

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (PEN Million) 83341.54 86548 84176 84592 85258 87291
Consumer Credit (PEN Million) 78250.22 75272 77324 82064 80050 80185
Bank Lending Rate (%) 0.66 0.66 0.66 0.66 0.66 0.66
Gasoline Prices (USD/Liter) 0.89 0.85 0.8 0.76 0.73 0.69


This page has economic forecasts for Peru including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Peru economy.