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

Peru's economy advanced 2.4 percent year-on-year in the second quarter of 2017 compared to a 2.1 percent rise in the previous period and slightly below market expectations of a 2.45 percent expansion. Growth was recorded in fisheries (128.7 percent), agriculture (1.1 percent), mining (1.9 percent), manufacturing (3.5 percent), trade (0.9 percent), transportation (2.4 percent), restaurants and hotels (1.3 percent), telecommunications (6.5 percent), financial services and insurance (0.4 percent), utilities (1.6 percent) and services to companies (0.1 percent). On the other hand, construction sector contracted 2.9 percent. On the expenditure side, the expansion was mainly driven by household expenditure which grew 2 percent and a 11.7 percent surge in exports. 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 Actual Previous Consensus TEForecast
2017-02-17 05:20 PM GDP Growth Rate YoY 3.0% 4.5% 3.7%
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 06:30 PM GDP Growth Rate YoY 2.4% 3.5%


Peru GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 -0.10 3.90 -1.20 percent [+]
GDP Annual Growth Rate 2.40 2.10 21.05 -20.94 percent [+]
GDP 192.09 189.21 201.22 2.57 USD Billion [+]
GDP Constant Prices 128361.02 120143.06 131813.84 33934.51 PEN Million [+]
Gross National Product 293760.41 274470.15 293760.41 23859.00 PEN Million [+]
Gross Fixed Capital Formation 26379.83 24815.67 36685.90 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 8630.00 5603.00 8630.00 4097.00 PEN Million [+]
Gdp From Construction 6862.00 6549.00 8974.00 3533.00 PEN Million [+]
Gdp From Manufacturing 16273.00 15840.00 17715.00 12009.00 PEN Million [+]
Gdp From Mining 17481.00 16553.00 17720.00 10658.00 PEN Million [+]
Gdp From Public Administration 6159.00 6039.00 7089.00 3225.00 PEN Million [+]
Gdp From Services 13320.00 12152.00 14394.00 7351.00 PEN Million [+]
Gdp From Transport 6828.00 6931.00 6931.00 3870.00 PEN Million [+]
Gdp From Utilities 2324.00 2356.00 2356.00 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.10 21.05 -20.94 1980 - 2017 percent Quarterly
2007=100




gdp annual growth rate by Country

Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
Italy 1.50 Jun/17
United Kingdom 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17