Annual growth of general government final consumption expenditure in Peru
Peru: Annual growth of general government final consumption expenditure was 3.18 in 2023. ◆ Volatile
Latest (2023)
3.18
Change on year
up 1,690.0%
World rank
57th
of 167 countries
All-time high
12.07
in 2009
All-time low
-0.8
in 2001
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Peru, 2000–2023
Source: Our World in Data.
Analysis
In 2023, annual growth of general government final consumption expenditure in Peru stood at 3.18.
That represents a change of up 1,690.0% on the previous year and down 57.8% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Peru peaked at 12.07 in 2009 and was at its lowest, -0.8, in 2001.
Peru ranks 57th of 167 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 growth of general government final consumption expenditure in Peru, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.1 | — |
| 2001 | -0.8 | -125.8% |
| 2002 | 0 | -100.0% |
| 2003 | 3.9 | — |
| 2004 | 4.1 | +5.1% |
| 2005 | 9.1 | +122.0% |
| 2006 | 7.6 | -16.5% |
| 2007 | 4.3 | -43.4% |
| 2008 | 4.84 | +12.6% |
| 2009 | 12.07 | +149.4% |
| 2010 | 3.9 | -67.7% |
| 2011 | 7.38 | +89.2% |
| 2012 | 8.27 | +12.1% |
| 2013 | 7.54 | -8.8% |
| 2014 | 6.51 | -13.7% |
| 2015 | 8.04 | +23.5% |
| 2016 | 5.17 | -35.7% |
| 2017 | 3.26 | -36.9% |
| 2018 | 2.72 | -16.6% |
| 2019 | 3.59 | +32.0% |
| 2020 | 8.54 | +137.9% |
| 2021 | 5.05 | -40.9% |
| 2022 | -0.2 | -104.0% |
| 2023 | 3.18 | -1690.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.82 | -0.8 | 12.07 | 10 |
| 2010s | 5.64 | 2.72 | 8.27 | 10 |
| 2020s | 4.14 | -0.2 | 8.54 | 4 |
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)
- Industry (including construction), value added (constant 2015 US$) 2.93 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2052 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,988 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 2.93 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.5828 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 5,644 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.54 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5087 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Peru?
- Annual growth of general government final consumption expenditure in Peru was 3.18 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Peru?
- The highest recorded value was 12.07 in 2009.
- What is the lowest annual growth of general government final consumption expenditure recorded in Peru?
- The lowest recorded value was -0.8 in 2001.
- How does Peru rank for annual growth of general government final consumption expenditure?
- Peru ranks 57th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Peru?
- Over the last ten years it is down 57.8%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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