Annual GDP growth in Peru
Peru: Annual GDP growth was 3.3% in 2024. ◆ Volatile
Annual GDP growth in Peru, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Peru is 3.3%, measured in 2024.
The figure is up 919.3% on the previous year and up 38.7% over ten years.
Over the whole period, annual gdp growth in Peru peaked at 13.4% in 2021 and was at its lowest, -10.9%, in 2020.
Peru ranks 117th of 230 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Peru, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.7% | — |
| 2001 | 0.6% | -77.1% |
| 2002 | 5.5% | +782.6% |
| 2003 | 4.2% | -23.6% |
| 2004 | 5.0% | +19.0% |
| 2005 | 6.3% | +26.8% |
| 2006 | 7.5% | +19.8% |
| 2007 | 8.5% | +13.1% |
| 2008 | 9.1% | +7.1% |
| 2009 | 1.1% | -88.0% |
| 2010 | 8.3% | +660.4% |
| 2011 | 6.3% | -24.1% |
| 2012 | 6.1% | -3.0% |
| 2013 | 5.9% | -4.7% |
| 2014 | 2.4% | -59.3% |
| 2015 | 3.3% | +36.5% |
| 2016 | 4.0% | +21.6% |
| 2017 | 2.5% | -36.3% |
| 2018 | 4.0% | +57.6% |
| 2019 | 2.2% | -43.6% |
| 2020 | -10.9% | -588.0% |
| 2021 | 13.4% | -222.2% |
| 2022 | 2.8% | -79.0% |
| 2023 | -0.4% | -114.4% |
| 2024 | 3.3% | -919.3% |
Peru compared with similar countries
- Peru's 3.3% is below the median for upper middle income countries, which is 3.5%, 94% of the median. (56 countries reporting)
- Peru's 3.3% is above the median for Latin America & Caribbean, which is 3.3%, 1.0× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +919.3% | -0.4% | 3.3% |
| 2002 | +782.6% | 0.6% | 5.5% |
| 2010 | +660.4% | 1.1% | 8.3% |
| 2020 | -588.0% | 2.2% | -10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.0% | 0.6% | 9.1% | 10 |
| 2010s | 4.5% | 2.2% | 8.3% | 10 |
| 2020s | 1.6% | -10.9% | 13.4% | 5 |
Countries ranked near Peru
More economy & growth data for Peru
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.35 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 71.12 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3644 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0054 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 51.93 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.7 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0041 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Peru?
- Annual gdp growth in Peru was 3.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Peru?
- The highest recorded value was 13.4% in 2021.
- What is the lowest annual gdp growth recorded in Peru?
- The lowest recorded value was -10.9% in 2020.
- How does Peru rank for annual gdp growth?
- Peru ranks 117th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Peru?
- Over the last ten years it is up 38.7%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).