Peru GDP Annual Growth Rate  1980-2017 | Data | Chart | Calendar

Peru's economy advanced 2.1 percent year-on-year in the first quarter of 2017, easing from a 3 percent expansion in the last quarter of 2016. It is the lowest growth rate since the first quarter of 2015, mainly due to heavy floods linked to an unexpected El Niño phenomenon that hit the country's northern region. Cosntruction was the most affected, slumping 5.3 percent. In contrast, growth was recorded for: trade (0.1 percent); transport (2.5 percent), services to companies (0.6 percent), manufacturing (1.7 percent), mining (4.1 percent), electricity, gas and water (1 percent), and fisheries (37.7 percent). On the expenditure side, GDP growth was driven by an increase in household expenditure (2.2 percent) and a rise in exports (13.1 percent). GDP Annual Growth Rate in Peru averaged 3.45 percent from 1980 until 2017, reaching an all time high of 21.05 percent in the fourth quarter of 1986 and a record low of -20.94 percent in the first quarter of 1989.

Peru GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-21 06:30 PM Q3 4.4% 3.7% 3.5%
2017-02-17 05:20 PM Q4 3.0% 4.5% 3.7%
2017-05-20 06:40 PM Q1 2.1% 3.0% 2%
2017-08-22 03:30 PM Q2 2.1% 3.7%
2017-11-21 06:30 PM Q3 4%




Peru GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 1.60 3.20 -1.20 percent [+]
GDP Annual Growth Rate 2.10 3.00 21.05 -20.94 percent [+]
GDP 189.11 201.02 201.15 2.57 USD Billion [+]
GDP Constant Prices 120143.06 131813.84 131813.84 33934.51 PEN Million [+]
Gross National Product 293760.41 274470.15 293760.41 23859.00 PEN Million [+]
Gross Fixed Capital Formation 24815.67 32061.53 36685.90 4495.97 PEN Million [+]
GDP per capita 5934.55 5822.56 5934.55 2614.86 USD [+]
GDP per capita PPP 11767.52 11545.46 11767.52 5184.97 USD [+]
Gdp From Agriculture 5725.00 5805.00 8535.00 4097.00 PEN Million [+]
Gdp From Construction 7971.00 7088.00 8974.00 3533.00 PEN Million [+]
Gdp From Manufacturing 17340.00 16567.00 17715.00 12009.00 PEN Million [+]
Gdp From Mining 17720.00 17269.00 17720.00 10658.00 PEN Million [+]
Gdp From Public Administration 7089.00 6480.00 7089.00 3225.00 PEN Million [+]
Gdp From Services 14394.00 13565.00 14394.00 7351.00 PEN Million [+]
Gdp From Transport 6699.00 6678.00 6761.00 3870.00 PEN Million [+]
Gdp From Utilities 2351.00 2277.00 2351.00 1349.00 PEN Million [+]


Peru GDP Annual Growth Rate Notes

Peru is one of the fastest growing economies in Latin America. The services sector is the most important and accounts for 60 percent of GDP. The biggest segments within services are: wholesale and retail trade (17 percent of total GDP); other services (11 percent); transport and communications (10 percent); services provided to companies (8 percent) and government services (6 percent). Manufacturing creates 16 percent of the wealth and construction and water, gas and electricity distribution 10 percent. The agriculture and fishing sector fuels 9 percent of the GDP and the mining sector accounts for the remaining 5 percent. This page provides - Peru GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 3.00 21.05 -20.94 1980 - 2017 percent Quarterly
2007=100



gdp annual growth rate by Country

Last
India 7.00 Dec/16
China 6.90 Mar/17
Indonesia 5.01 Mar/17
Turkey 3.50 Dec/16
Netherlands 3.40 Mar/17
Spain 3.00 Mar/17
Mexico 2.80 Mar/17
South Korea 2.70 Mar/17
Australia 2.40 Dec/16
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Canada 1.90 Dec/16
Euro Area 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.60 Mar/17
France 0.80 Mar/17
Italy 0.80 Mar/17
Switzerland 0.60 Dec/16
Russia 0.50 Mar/17
Brazil -2.50 Dec/16