Peru recorded a Current Account surplus of 0.70 percent of the country's Gross Domestic Product in 2020. source: Central Reserve Bank of Peru

Current Account to GDP in Peru averaged -3.33 percent from 1980 until 2020, reaching an all time high of 3.31 percent in 2006 and a record low of -9.50 percent in 1981. This page provides - Peru Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Current Account to GDP - values, historical data and charts - was last updated on December of 2021.

Current Account to GDP in Peru is expected to reach 1.10 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Current Account to GDP is projected to trend around 0.70 percent of GDP in 2022 and -0.50 percent of GDP in 2023, according to our econometric models.

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Peru Current Account to GDP


Related Last Previous Unit Reference
Balance of Trade 1590.20 1315.10 USD Million Sep/21
Current Account -1019.46 -1561.82 USD Million Sep/21
Current Account to GDP 0.70 -1.20 percent of GDP Dec/20
Exports 5765.00 5462.10 USD Million Sep/21
Imports 4174.80 4147.10 USD Million Sep/21
External Debt 98137.00 93134.00 USD Million Sep/21
Terms of Trade 114.55 113.36 points Sep/21
Remittances 887.31 835.29 USD Million Sep/21
Foreign Direct Investment 1414.15 455.00 USD Million Sep/21
Peru Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.