Gross domestic product (GDP) in Peru
Peru: Gross domestic product (GDP) was 485.29 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
485.29 billion international-$ in 2021 prices
Change on year
down 0.6%
World rank
48th
of 184 countries
All-time high
488.31 billion international-$ in 2021 prices
in 2022
All-time low
19.57 billion international-$ in 2021 prices
in 1950
Years of data
74
1950–2023
Gross domestic product (GDP) in Peru, 1950–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Peru is 485.29 billion international-$ in 2021 prices, measured in 2023.
Compared with earlier readings it is down 0.6% on the previous year and up 25.6% over ten years.
Over the whole period, gross domestic product (gdp) in Peru peaked at 488.31 billion international-$ in 2021 prices in 2022 and was at its lowest, 19.57 billion international-$ in 2021 prices, in 1950.
That places Peru 48th out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Peru, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1950 | 19.57 billion international-$ in 2021 prices | — |
| 1951 | 21.10 billion international-$ in 2021 prices | +7.8% |
| 1952 | 22.30 billion international-$ in 2021 prices | +5.7% |
| 1953 | 23.47 billion international-$ in 2021 prices | +5.2% |
| 1954 | 25.01 billion international-$ in 2021 prices | +6.6% |
| 1955 | 26.36 billion international-$ in 2021 prices | +5.4% |
| 1956 | 27.28 billion international-$ in 2021 prices | +3.5% |
| 1957 | 29.47 billion international-$ in 2021 prices | +8.0% |
| 1958 | 29.14 billion international-$ in 2021 prices | -1.1% |
| 1959 | 29.78 billion international-$ in 2021 prices | +2.2% |
| 1960 | 32.85 billion international-$ in 2021 prices | +10.3% |
| 1961 | 35.21 billion international-$ in 2021 prices | +7.2% |
| 1962 | 38.34 billion international-$ in 2021 prices | +8.9% |
| 1963 | 40.52 billion international-$ in 2021 prices | +5.7% |
| 1964 | 43.22 billion international-$ in 2021 prices | +6.6% |
| 1965 | 46.09 billion international-$ in 2021 prices | +6.7% |
| 1966 | 49.56 billion international-$ in 2021 prices | +7.5% |
| 1967 | 52.05 billion international-$ in 2021 prices | +5.0% |
| 1968 | 51.90 billion international-$ in 2021 prices | -0.3% |
| 1969 | 54.39 billion international-$ in 2021 prices | +4.8% |
| 1970 | 57.51 billion international-$ in 2021 prices | +5.7% |
| 1971 | 61.02 billion international-$ in 2021 prices | +6.1% |
| 1972 | 62.67 billion international-$ in 2021 prices | +2.7% |
| 1973 | 67.83 billion international-$ in 2021 prices | +8.2% |
| 1974 | 73.82 billion international-$ in 2021 prices | +8.8% |
| 1975 | 77.56 billion international-$ in 2021 prices | +5.1% |
| 1976 | 78.26 billion international-$ in 2021 prices | +0.9% |
| 1977 | 77.09 billion international-$ in 2021 prices | -1.5% |
| 1978 | 74.78 billion international-$ in 2021 prices | -3.0% |
| 1979 | 76.23 billion international-$ in 2021 prices | +1.9% |
| 1980 | 83.52 billion international-$ in 2021 prices | +9.6% |
| 1981 | 90.43 billion international-$ in 2021 prices | +8.3% |
| 1982 | 91.08 billion international-$ in 2021 prices | +0.7% |
| 1983 | 84.55 billion international-$ in 2021 prices | -7.2% |
| 1984 | 88.14 billion international-$ in 2021 prices | +4.3% |
| 1985 | 88.37 billion international-$ in 2021 prices | +0.3% |
| 1986 | 101.77 billion international-$ in 2021 prices | +15.2% |
| 1987 | 113.94 billion international-$ in 2021 prices | +12.0% |
| 1988 | 107.94 billion international-$ in 2021 prices | -5.3% |
| 1989 | 89.96 billion international-$ in 2021 prices | -16.7% |
| 1990 | 91.00 billion international-$ in 2021 prices | +1.2% |
| 1991 | 94.98 billion international-$ in 2021 prices | +4.4% |
| 1992 | 97.20 billion international-$ in 2021 prices | +2.3% |
| 1993 | 103.86 billion international-$ in 2021 prices | +6.8% |
| 1994 | 121.13 billion international-$ in 2021 prices | +16.6% |
| 1995 | 135.82 billion international-$ in 2021 prices | +12.1% |
| 1996 | 143.51 billion international-$ in 2021 prices | +5.7% |
| 1997 | 153.20 billion international-$ in 2021 prices | +6.8% |
| 1998 | 150.10 billion international-$ in 2021 prices | -2.0% |
| 1999 | 150.01 billion international-$ in 2021 prices | -0.1% |
| 2000 | 154.09 billion international-$ in 2021 prices | +2.7% |
| 2001 | 154.99 billion international-$ in 2021 prices | +0.6% |
| 2002 | 164.60 billion international-$ in 2021 prices | +6.2% |
| 2003 | 174.79 billion international-$ in 2021 prices | +6.2% |
| 2004 | 188.67 billion international-$ in 2021 prices | +7.9% |
| 2005 | 208.27 billion international-$ in 2021 prices | +10.4% |
| 2006 | 235.79 billion international-$ in 2021 prices | +13.2% |
| 2007 | 261.69 billion international-$ in 2021 prices | +11.0% |
| 2008 | 286.80 billion international-$ in 2021 prices | +9.6% |
| 2009 | 287.37 billion international-$ in 2021 prices | +0.2% |
| 2010 | 327.16 billion international-$ in 2021 prices | +13.8% |
| 2011 | 359.76 billion international-$ in 2021 prices | +10.0% |
| 2012 | 380.34 billion international-$ in 2021 prices | +5.7% |
| 2013 | 386.53 billion international-$ in 2021 prices | +1.6% |
| 2014 | 393.07 billion international-$ in 2021 prices | +1.7% |
| 2015 | 394.47 billion international-$ in 2021 prices | +0.4% |
| 2016 | 404.31 billion international-$ in 2021 prices | +2.5% |
| 2017 | 416.95 billion international-$ in 2021 prices | +3.1% |
| 2018 | 433.21 billion international-$ in 2021 prices | +3.9% |
| 2019 | 455.56 billion international-$ in 2021 prices | +5.2% |
| 2020 | 415.87 billion international-$ in 2021 prices | -8.7% |
| 2021 | 478.28 billion international-$ in 2021 prices | +15.0% |
| 2022 | 488.31 billion international-$ in 2021 prices | +2.1% |
| 2023 | 485.29 billion international-$ in 2021 prices | -0.6% |
Peru compared with similar countries
- Peru's 485.29 billion international-$ in 2021 prices is above the median for upper middle income countries, which is 148.60 billion international-$ in 2021 prices, 3.3× the median. (51 countries reporting)
- Peru's 485.29 billion international-$ in 2021 prices is above the median for Latin America & Caribbean, which is 42.33 billion international-$ in 2021 prices, 11.5× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 25.35 billion international-$ in 2021 prices | 19.57 billion international-$ in 2021 prices | 29.78 billion international-$ in 2021 prices | 10 |
| 1960s | 44.41 billion international-$ in 2021 prices | 32.85 billion international-$ in 2021 prices | 54.39 billion international-$ in 2021 prices | 10 |
| 1970s | 70.68 billion international-$ in 2021 prices | 57.51 billion international-$ in 2021 prices | 78.26 billion international-$ in 2021 prices | 10 |
| 1980s | 93.97 billion international-$ in 2021 prices | 83.52 billion international-$ in 2021 prices | 113.94 billion international-$ in 2021 prices | 10 |
| 1990s | 124.08 billion international-$ in 2021 prices | 91.00 billion international-$ in 2021 prices | 153.20 billion international-$ in 2021 prices | 10 |
| 2000s | 211.71 billion international-$ in 2021 prices | 154.09 billion international-$ in 2021 prices | 287.37 billion international-$ in 2021 prices | 10 |
| 2010s | 395.14 billion international-$ in 2021 prices | 327.16 billion international-$ in 2021 prices | 455.56 billion international-$ in 2021 prices | 10 |
| 2020s | 466.94 billion international-$ in 2021 prices | 415.87 billion international-$ in 2021 prices | 488.31 billion international-$ in 2021 prices | 4 |
Countries ranked near Peru
- 45 Austria 573.87 billion international-$ in 2021 prices compare
- 46 Norway 545.17 billion international-$ in 2021 prices compare
- 47 Chile 515.93 billion international-$ in 2021 prices compare
- 49 Czechia 483.87 billion international-$ in 2021 prices compare
- 50 Hong Kong 436.91 billion international-$ in 2021 prices compare
- 51 Venezuela 435.13 billion international-$ in 2021 prices compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.42 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0042 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 41.13 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 10.35 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 54.43 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0309 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 299.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 14.07 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Peru?
- Gross domestic product (gdp) in Peru was 485.29 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Peru?
- The highest recorded value was 488.31 billion international-$ in 2021 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Peru?
- The lowest recorded value was 19.57 billion international-$ in 2021 prices in 1950.
- How does Peru rank for gross domestic product (gdp)?
- Peru ranks 48th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Peru?
- Over the last ten years it is up 25.6%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.