Peru's economy advanced 4.8 percent year-on-year in the last quarter of 2018, following an upwardly revised 2.4 percent expansion in the previous period. Output rose further for fishing (150.7 percent vs 3.4 percent in Q3); manufacturing (11.4 percent vs 1.7 percent); construction (7.9 percent vs 1.1 percent); utilities (6.3 percent vs 3.9 percent); telecommunication services (6.2 percent vs 5.5 percent); public administration (4 percent vs 3.8 percent); and trade (2.5 percent vs 2.2 percent). On the expenditure side, private consumption (3.8 percent vs 2.9 percent); government spending (3.3 percent vs 0.3 percent) and investment (5.3 percent vs 0.6 percent) increased at a faster pace. Also, exports went up 2.2 percent (vs 2.1 percent) and imports increased 0.9 percent (vs 1.1 percent). Considering full 2018, the GDP expanded 4 percent compared to a 2.5 percent growth in 2017. GDP Annual Growth Rate in Peru averaged 3.45 percent from 1980 until 2018, 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.

GDP Annual Growth Rate in Peru is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Peru to stand at 4.00 in 12 months time. In the long-term, the Peru GDP Annual Growth Rate is projected to trend around 3.70 percent in 2020, according to our econometric models.

Peru GDP Annual Growth Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-05-21 02:45 PM GDP Growth Rate YoY 3.2% 2.2% 3.4%
2018-08-22 10:25 PM GDP Growth Rate YoY 5.4% 3.1% 4.8%
2018-11-21 10:00 PM GDP Growth Rate YoY 2.3% 5.5% 4.4%
2019-02-21 04:00 PM GDP Growth Rate YoY 4.8% 2.4% 3.9%
2019-05-21 05:00 PM GDP Growth Rate YoY 4.8% 4.4%
2019-08-22 10:25 PM GDP Growth Rate YoY 4.2%
2019-11-21 10:00 PM GDP Growth Rate YoY 4.6%


Peru GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.50 -0.50 3.10 -1.00 percent [+]
GDP Annual Growth Rate 4.80 2.40 21.05 -20.94 percent [+]
GDP 211.39 191.64 211.39 2.57 USD Billion [+]
GDP Constant Prices 141392.38 133707.79 141392.38 33934.51 PEN Million [+]
Gross Fixed Capital Formation 35719.17 30238.24 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 6428.00 6547.00 85565.00 4097.00 PEN Million [+]
GDP From Construction 9460.00 7689.00 9460.00 3533.00 PEN Million [+]
GDP From Manufacturing 18916.00 16751.00 19154.00 12009.00 PEN Million [+]
GDP From Mining 17091.00 16764.00 17438.00 10658.00 PEN Million [+]
GDP From Public Administration 7644.00 6977.00 7644.00 3225.00 PEN Million [+]
GDP From Services 15081.00 14133.00 15081.00 7351.00 PEN Million [+]
GDP From Transport 7480.00 7367.00 7555.00 3870.00 PEN Million [+]
GDP From Utilities 2532.00 2425.00 2532.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.80 2.40 21.05 -20.94 1980 - 2018 percent Quarterly
2007=100




Country Last Previous
India 6.60 Dec/18
China 6.40 Dec/18
Indonesia 5.18 Dec/18
South Korea 3.10 Dec/18
United States 3.10 Dec/18
Saudi Arabia 2.50 Sep/18
Spain 2.40 Dec/18
Australia 2.30 Dec/18
Netherlands 2.00 Dec/18
Singapore 1.90 Dec/18
Mexico 1.70 Dec/18
Canada 1.60 Dec/18
Russia 1.50 Sep/18
Switzerland 1.40 Dec/18
United Kingdom 1.30 Dec/18
Brazil 1.10 Dec/18
Euro Area 1.10 Dec/18
South Africa 1.10 Dec/18
France 0.90 Dec/18
Germany 0.60 Dec/18
Japan 0.30 Dec/18
Italy 0.00 Dec/18
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


Related

Latest