Peru GDP Annual Growth Rate  1980-2018 | Data | Chart | Calendar

Peru's economy advanced 2.5% year-on-year in the third quarter of 2017, following a 2.4% growth in the previous period. Increases were recorded in agriculture (5.5%), namely harvest cranberry (70%), paddy rice (47.7%) and cacao (22.4%); petrol, gas and mining (4.2%), namely zinc (10.2%), iron (36.6%), molybdenum (20%), gold (5.5%) and copper (4%); construction (5.6%); utilities (1.7%); trade (1.4%); transportation (1.5%); restaurants and hotels (1.3%); telecommunications (8.5%); financial services and insurance (1.8%) and services to companies (1.2%). In contrast, output contracted for fisheries (-42.8%) and manufacturing (-3.0%), mainly wood and furniture (-27.7%) and food (-11.0%). On the expenditure side, the expansion was driven by increases in household (2.3%) and government (5.9%) and a rebound in gross fixed capital formation (4.1%). Exports went up 4.1% and imports jumped 9.3%. GDP Annual Growth Rate in Peru averaged 3.44 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 Actual Previous Consensus TEForecast
2017-05-20 06:40 PM GDP Growth Rate YoY 2.1% 3.0% 2%
2017-08-22 03:25 PM GDP Growth Rate YoY 2.4% 2.1% 2.45% 3.4%
2017-11-21 04:30 PM GDP Growth Rate YoY 2.5% 2.4% 2.3%
2018-02-17 05:20 PM GDP Growth Rate YoY 2.5% 2.90%
2018-05-20 06:40 PM GDP Growth Rate YoY 3.20%
2018-08-22 03:25 PM GDP Growth Rate YoY 3.40%


Peru GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 0.70 2.90 -0.90 percent [+]
GDP Annual Growth Rate 2.50 2.40 21.05 -20.94 percent [+]
GDP 192.09 189.21 201.22 2.57 USD Billion [+]
GDP Constant Prices 128410.00 128361.02 131813.84 33934.51 PEN Million [+]
Gross National Product 293760.41 274470.15 293760.41 23859.00 PEN Million [+]
Gross Fixed Capital Formation 29583.43 26378.45 36459.95 4495.97 PEN Million [+]
GDP per capita 6089.40 5936.00 6089.40 2615.50 USD [+]
GDP per capita PPP 12071.60 11767.52 12071.60 5184.97 USD [+]
Gdp From Agriculture 6144.00 8563.00 8563.00 4097.00 PEN Million [+]
Gdp From Construction 7551.00 6950.00 8974.00 3533.00 PEN Million [+]
Gdp From Manufacturing 16237.00 16878.00 17715.00 12009.00 PEN Million [+]
Gdp From Mining 17268.00 16792.00 17268.00 10658.00 PEN Million [+]
Gdp From Public Administration 6694.00 6126.00 7050.00 3225.00 PEN Million [+]
Gdp From Services 13766.00 13351.00 14417.00 7351.00 PEN Million [+]
Gdp From Transport 6915.00 6970.00 7079.00 3870.00 PEN Million [+]
Gdp From Utilities 2337.00 2346.00 2378.00 1349.00 PEN Million [+]


Peru GDP Annual Growth Rate

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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.40 21.05 -20.94 1980 - 2017 percent Quarterly
2007=100




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Dec/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
France 2.30 Sep/17
United States 2.30 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
United Kingdom 1.70 Sep/17
Mexico 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17


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