Markets Actual Q2 Q3 Q4 Q1 2023
Currency 3.78 3.83 3.88 3.94 4 4.13
Stock Market (points) 18855.08 18124 17420 16745 16095 14870
Government Bond 10Y (%) 0.00 5.43 5.43 5.43 5.43 5.43

Overview Actual Q2 Q3 Q4 Q1 2023
GDP Growth Rate (%) 0.90 2 1 2.3 0.5 1.5
GDP Annual Growth Rate (%) 3.80 3.7 1.7 1.5 2.1 3
Unemployment Rate (%) 7.20 7.6 8.1 8.5 8.5 8
Inflation Rate (%) 8.78 8.23 6.47 5.2 3.79 2
Interest Rate (%) 5.50 5.5 7 8 8.5 8.5
Balance of Trade (USD Million) 190.00 1316 1408 1458 1511 1900
Current Account (USD Million) -3547.00 -1347 -2146 -1389 -2209 -1454
Current Account to GDP (% of GDP) 0.70 -0.5 -0.5 -0.5 -1 -1
Government Debt to GDP (% of GDP) 35.40 38 38 38 40 40
Government Budget (% of GDP) -2.60 -3.5 -3.5 -3.5 -3 -3
Business Confidence (points) 44.50 44 45 45 47 50
Corporate Tax Rate (%) 29.50 29.5 29.5 29.5 29.5 29.5
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q2 Q3 Q4 Q1 2023
GDP Growth Rate (%) 0.90 2 1 2.3 0.5 1.5
GDP Annual Growth Rate (%) 3.80 3.7 1.7 1.5 2.1 3
GDP (USD Billion) 202.01 238 238 238 238 254
GDP Constant Prices (PEN Million) 132979.81 141406 142486 148323 135772 152773
Gross Fixed Capital Formation (PEN Million) 32401.75 35530 36536 38826 33082 39991
GDP per capita (USD) 5792.19 6700 6700 6700 6700 6900
GDP per capita PPP (USD) 11260.85 11900 12400 12500 12500 12500
GDP From Agriculture (PEN Million) 7222.00 10238 7315 7330 7374 7550
GDP From Construction (PEN Million) 10071.00 9446 9321 10222 10282 10529
GDP From Manufacturing (PEN Million) 19035.00 19017 17647 19321 19435 19900
GDP From Mining (PEN Million) 16139.00 15284 16017 16381 16478 16873
GDP From Public Administration (PEN Million) 8540.00 7435 7855 8668 8719 8928
GDP From Services (PEN Million) 16046.00 14589 15291 16287 16383 16775
GDP From Transport (PEN Million) 6885.00 6629 6996 6988 7030 7198
GDP From Utilities (PEN Million) 3968.00 2553 3513 4028 4051 4148

Labour Actual Q2 Q3 Q4 Q1 2023
Unemployment Rate (%) 7.20 7.6 8.1 8.5 8.5 8
Employed Persons (Thousand ) 5113.00 5100 5200 5300 5300 5600
Unemployed Persons (Thousand ) 397.40 456 461 433 433 410
Wages (PEN/Month) 1667.60 1700 1700 1700 1700 1700
Minimum Wages (PEN/Month) 930.00 1025 1025 1025 1025 1025
Population (Million) 32.78 32.94 32.94 32.94 33.09 33.09
Employment Rate (%) 92.80 91.3 91.4 91.5 91.5 91.8

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 8.78 8.23 6.47 5.2 3.79 2
Consumer Price Index CPI (points) 103.21 104 105 105 106 107
Core Consumer Prices (points) 143.79 134 134 134 134 134
Core Inflation Rate (%) 5.49 4.1 3.9 3.6 3.6 3.1
Producer Prices (points) 131.76 131 132 133 133 137
Export Prices (points) 173.11 174 176 178 178 180
Import Prices (points) 158.34 154 156 158 158 164
Inflation Rate Mom (%) 0.38 0.4 0.3 0.2 0.2 0.2
Food Inflation (%) 13.68 11 8 6 5 4
CPI Housing Utilities (points) 101.30 155 159 164 104 167
CPI Transportation (points) 103.72 104 104 105 105 105

Money Actual Q2 Q3 Q4 Q1 2023
Interest Rate (%) 5.50 5.5 7 8 8.5 8.5
Interbank Rate (%) 0.81 0.81 2.31 3.31 3.81 3.81
Money Supply M0 (PEN Million) 78822.00 81974 82527 83081 83634 85295
Money Supply M1 (PEN Million) 141954.00 144481 145271 146061 146850 149220
Money Supply M2 (PEN Million) 284764.00 288613 290792 292970 295148 301683
Foreign Exchange Reserves (USD Million) 76313.00 79000 79500 80700 80700 82000
Loans to Private Sector (PEN Million) 258432.44 258640 254699 254357 264462 261988
Deposit Interest Rate (%) 1.86 1.86 3.36 4.36 4.86 4.86

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (USD Million) 190.00 1316 1408 1458 1511 1900
Current Account (USD Million) -3547.00 -1347 -2146 -1389 -2209 -1454
Current Account to GDP (% of GDP) 0.70 -0.5 -0.5 -0.5 -1 -1
Imports (USD Million) 5024.60 4414 4469 4526 4575 4600
Exports (USD Million) 5214.60 5730 5877 5984 6086 6500
External Debt (USD Million) 103677.00 102400 104100 104500 104500 108500
Remittances (USD Million) 945.47 700 840 840 840 870
Tourist Arrivals 444331.00 400000 400000 400000 400000 450000
Gold Reserves (Tonnes) 34.68 34.7 34.7 34.7 34.7 34.7

Government Actual Q2 Q3 Q4 Q1 2023
Government Debt to GDP (% of GDP) 35.40 38 38 38 40 40
Government Budget (% of GDP) -2.60 -3.5 -3.5 -3.5 -3 -3
Government Budget Value (PEN Million) 470.85 -2300 -4300 -12900 -12900 -13200
Government Spending (PEN Million) 16293.09 17338 18172 23319 16635 24019
Government Revenues (PEN Million) 14789.30 9600 10500 12600 12600 13600

Taxes Actual Q2 Q3 Q4 Q1 2023
Corporate Tax Rate (%) 29.50 29.5 29.5 29.5 29.5 29.5
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 18.00 18 18 18 18 18

Business Actual Q2 Q3 Q4 Q1 2023
Business Confidence (points) 44.50 44 45 45 47 50
Industrial Production (%) 3.38 -2.5 -0.5 1.5 2.2 3.6
Changes in Inventories (PEN Million) -6383.84 -1700 -5300 -8700 -8700 -8700
Copper Production (Tonnes) 182160.11 201275 202285 203295 204305 206999

Consumer Actual Q2 Q3 Q4 Q1 2023
Consumer Spending (PEN Million) 90420.14 93897 93743 91650 92319 94399
Consumer Credit (PEN Million) 87653.00 75255 74496 78657 85752 81017
Bank Lending Rate (%) 0.58 0.58 2.08 3.08 3.58 3.58
Gasoline Prices (USD/Liter) 1.07 1.11 1.15 1.19 1.23 1.23


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Peru Forecast - was last updated on Monday, June 27, 2022.