Markets Actual Q4 Q1 Q2 Q3 2022
Currency 4.07 4.1 4.13 4.17 4.2 4.27
Stock Market (points) 20520.76 19200 18432 17694 16986 15655
Government Bond 10Y (%) 0.00 5.43 5.43 5.43 5.43 5.43

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 2.80 2.3 1.3 2 1 2.6
GDP Annual Growth Rate (%) 11.40 4 2.7 0.3 2 5.4
Unemployment Rate (%) 9.60 9.2 9 8.7 8.7 8.5
Inflation Rate (%) 5.66 6.3 5.3 4 3.1 2.2
Interest Rate (%) 2.00 2 2.5 2.5 2.5 2.75
Balance of Trade (USD Million) 1590.20 1130 940 940 940 1040
Current Account (USD Million) -1019.46 -120 -120 -120 -120 -80
Current Account to GDP (% of GDP) 0.70 1.1 0.7 0.7 0.7 0.7
Government Debt to GDP (% of GDP) 35.40 39 35 35 35 35
Government Budget (% of GDP) -8.90 -9.5 -3.5 -3.5 -3.5 -3.5
Business Confidence (points) 33.60 52.5 48 48 48 51.3
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 Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 2.80 2.3 1.3 2 1 2.6
GDP Annual Growth Rate (%) 11.40 4 2.7 0.3 2 5.4
GDP (USD Billion) 202.01 219 219 219 219 232
GDP Constant Prices (PEN Million) 140123.69 158588 131557 136852 142926 155159
Gross Fixed Capital Formation (PEN Million) 35925.54 40063 33352 34365 36644 42398
GDP per capita (USD) 5792.19 6050 6050 6300 6300 6300
GDP per capita PPP (USD) 11260.85 11900 11900 12400 12400 12500
GDP From Agriculture (PEN Million) 7137.00 7210 6758 9827 7280 7493
GDP From Construction (PEN Million) 9521.00 10611 9167 9550 9711 11849
GDP From Manufacturing (PEN Million) 18458.00 21217 17361 18513 18827 20548
GDP From Mining (PEN Million) 14885.00 19170 15317 14930 15183 18349
GDP From Public Administration (PEN Million) 7138.00 8574 7244 7159 7281 9040
GDP From Services (PEN Million) 14068.00 16915 12397 14110 14349 16539
GDP From Transport (PEN Million) 6785.00 8390 6500 6805 6921 6675
GDP From Utilities (PEN Million) 2599.00 2840 2676 2607 2651 2852

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 9.60 9.2 9 8.7 8.7 8.5
Employed Persons (Thousand ) 4714.40 4760 4760 4760 4760 5000
Unemployed Persons (Thousand ) 500.50 620 620 620 620 600
Wages (PEN/Month) 1600.20 1700 1700 1700 1700 1700
Minimum Wages (PEN/Month) 930.00 970 970 970 970 970
Population (Million) 32.63 33.15 33.15 33.15 33.15 33.48
Employment Rate (%) 90.40 91.7 91.7 91.7 91.7 91.7

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 5.66 6.3 5.3 4 3.1 2.2
Consumer Price Index CPI (points) 142.90 144 145 144 146 147
Core Consumer Prices (points) 143.01 134 134 134 134 134
Core Inflation Rate (%) 3.39 3.2 3.5 3.3 2.8 2.7
Producer Prices (points) 124.98 126 125 125 123 125
Export Prices (points) 157.64 115 115 115 115 117
Import Prices (points) 137.61 121 121 121 121 122
Inflation Rate Mom (%) 0.36 0.4 0.4 0.2 0.2 0.3
Food Inflation (%) 6.70 4.2 2.8 2.8 2.5 2.2
CPI Housing Utilities (points) 155.03 146 149 148 154 149
CPI Transportation (points) 134.62 135 136 136 136 137

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 2.00 2 2.5 2.5 2.5 2.75
Interbank Rate (%) 0.81 0.81 1.31 1.31 1.31 1.56
Foreign Exchange Reserves (USD Million) 78281.00 78000 78000 78000 78000 78000
Loans to Private Sector (PEN Million) 250668.25 253322 247312 250160 255450 267001
Deposit Interest Rate (%) 1.86 1.86 2.36 2.36 2.36 2.61

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) 1590.20 1130 940 940 940 1040
Current Account (USD Million) -1019.46 -120 -120 -120 -120 -80
Current Account to GDP (% of GDP) 0.70 1.1 0.7 0.7 0.7 0.7
Imports (USD Million) 4174.80 3710 3710 3710 3710 3710
Exports (USD Million) 5765.00 4650 4650 4650 4650 4750
External Debt (USD Million) 98137.00 83900 83900 83900 83900 83649
Remittances (USD Million) 887.31 940 940 940 940 940
Tourist Arrivals 896523.00 2700000 2700000 2700000 2700000 3510000

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 35.40 39 35 35 35 35
Government Budget (% of GDP) -8.90 -9.5 -3.5 -3.5 -3.5 -3.5
Government Budget Value (PEN Million) -4224.36 1150 1150 1150 1150 1150
Government Spending (PEN Million) 17867.95 21734 14923 16769 18225 25749
Military Expenditure (USD Million) 2720.00 2690 2690 2690 2690 2690

Taxes Actual Q4 Q1 Q2 Q3 2022
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 Q4 Q1 Q2 Q3 2022
Business Confidence (points) 33.60 52.5 48 48 48 51.3
Industrial Production (%) 5.78 3.8 3.8 3.8 3.8 3.2
Copper Production (Tonnes) 202681.40 225000 225000 225000 225000 225000

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Spending (PEN Million) 92175.52 95023 87473 90818 94019 94721
Consumer Credit (PEN Million) 74379.88 79736 74283 72788 74715 81958
Bank Lending Rate (%) 0.57 0.57 1.07 1.07 1.07 1.32
Gasoline Prices (USD/Liter) 1.01 0.76 0.91 0.87 0.82 0.78


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Peru Forecast - was last updated on Wednesday, December 8, 2021.