The Gross Domestic Product (GDP) in Peru stagnated 0 percent in the third quarter of 2018 over the previous quarter. GDP Growth Rate in Peru averaged 1.27 percent from 2002 until 2018, reaching an all time high of 3.30 percent in the first quarter of 2010 and a record low of -1.60 percent in the first quarter of 2009.

GDP Growth Rate in Peru is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Peru to stand at 1.40 in 12 months time. In the long-term, the Peru GDP Growth Rate is projected to trend around 2.30 percent in 2020, according to our econometric models.

Peru GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2013-02-22 07:00 PM GDP Growth Rate QoQ 0.6% 1.6%
2013-05-23 06:00 PM GDP Growth Rate QoQ 2.1% 0.9%(R)
2013-08-23 07:00 PM GDP Growth Rate QoQ 1.1% 1.8%(R) 1.83%
2013-11-23 12:00 AM GDP Growth Rate QoQ 0.8% 1.0%(R) 1.64%


Peru GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 1.40 3.30 -1.60 percent [+]
GDP Annual Growth Rate 2.30 5.50 21.05 -20.94 percent [+]
GDP 211.39 191.64 211.39 2.57 USD Billion [+]
GDP Constant Prices 131738.00 137204.00 137204.00 33934.51 PEN Million [+]
Gross National Product 293760.41 274470.15 293760.41 23859.00 PEN Million [+]
Gross Fixed Capital Formation 29341.00 28328.00 36668.73 4495.97 PEN Million [+]
GDP per capita 6172.69 6094.74 6172.69 2615.51 USD [+]
GDP per capita PPP 12236.71 12082.17 12236.71 5184.97 USD [+]
GDP From Agriculture 6505.00 9484.00 85565.00 4097.00 PEN Million [+]
GDP From Construction 7656.00 7500.00 8974.00 3533.00 PEN Million [+]
GDP From Manufacturing 16732.00 19146.00 19146.00 12009.00 PEN Million [+]
GDP From Mining 16778.00 16681.00 17438.00 10658.00 PEN Million [+]
GDP From Public Administration 6977.00 6326.00 7285.00 3225.00 PEN Million [+]
GDP From Services 14133.00 13860.00 14716.00 7351.00 PEN Million [+]
GDP From Transport 7368.00 7551.00 7551.00 3870.00 PEN Million [+]
GDP From Utilities 2416.00 2452.00 2452.00 1349.00 PEN Million [+]


Peru GDP Growth Rate

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. This page provides the latest reported value for - Peru GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Peru GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.00 1.40 3.30 -1.60 2002 - 2018 percent Quarterly
2007=100




Country Last Previous
United States 3.50 Sep/18
Indonesia 3.09 Sep/18
Singapore 3.00 Sep/18
South Africa 2.20 Sep/18
India 1.90 Jun/18
China 1.60 Sep/18
Russia 0.90 Jun/18
Brazil 0.80 Sep/18
Mexico 0.80 Sep/18
South Korea 0.60 Sep/18
Spain 0.60 Sep/18
United Kingdom 0.60 Sep/18
Canada 0.50 Sep/18
France 0.40 Sep/18
Australia 0.30 Sep/18
Euro Area 0.20 Sep/18
Netherlands 0.20 Sep/18
Saudi Arabia -0.05 Mar/18
Italy -0.10 Sep/18
Germany -0.20 Sep/18
Switzerland -0.20 Sep/18
Japan -0.60 Sep/18
Turkey -1.10 Sep/18
Argentina -4.00 Jun/18


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