Gross domestic product (GDP), annual growth rate (Bolt) in Peru
Peru: Gross domestic product (GDP), annual growth rate (Bolt) was 2.7 % change on previous year in 2022. ◆ Volatile
Latest (2022)
2.7 % change on previous year
Change on year
down 80.1%
World rank
113th
of 166 countries
All-time high
13.85 % change on previous year
in 1960
All-time low
-16.63 % change on previous year
in 1993
Years of data
126
1897–2022
Gross domestic product (GDP), annual growth rate in Peru, 1897–2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Peru is 2.7 % change on previous year, measured in 2022.
Compared with earlier readings it is down 80.1% on the previous year and down 56.0% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Peru peaked at 13.85 % change on previous year in 1960 and was at its lowest, -16.63 % change on previous year, in 1993.
That places Peru 113th out of 166 countries with data for 2022, 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), annual growth rate (Bolt) in Peru, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1897 | 8.97 % change on previous year | — |
| 1898 | 6.1 % change on previous year | -31.9% |
| 1899 | 5.08 % change on previous year | -16.7% |
| 1900 | 2.29 % change on previous year | -55.0% |
| 1901 | 7.33 % change on previous year | +220.7% |
| 1902 | 6.38 % change on previous year | -12.9% |
| 1903 | 6.71 % change on previous year | +5.1% |
| 1904 | 3.42 % change on previous year | -49.1% |
| 1905 | 7.36 % change on previous year | +115.4% |
| 1906 | 7.95 % change on previous year | +8.1% |
| 1907 | 6.24 % change on previous year | -21.6% |
| 1908 | 1.85 % change on previous year | -70.4% |
| 1909 | 1.72 % change on previous year | -6.8% |
| 1910 | 1.79 % change on previous year | +4.2% |
| 1911 | 2.03 % change on previous year | +13.4% |
| 1912 | 3.64 % change on previous year | +79.1% |
| 1913 | 3.26 % change on previous year | -10.6% |
| 1914 | -0.5664 % change on previous year | -117.4% |
| 1915 | 8.66 % change on previous year | -1629.5% |
| 1916 | 10.36 % change on previous year | +19.6% |
| 1917 | 3.69 % change on previous year | -64.4% |
| 1918 | 0.5812 % change on previous year | -84.3% |
| 1919 | 3.35 % change on previous year | +477.2% |
| 1920 | 0.9125 % change on previous year | -72.8% |
| 1921 | 4.18 % change on previous year | +357.8% |
| 1922 | 8.65 % change on previous year | +107.0% |
| 1923 | 6.83 % change on previous year | -21.0% |
| 1924 | 9.43 % change on previous year | +38.0% |
| 1925 | 2.65 % change on previous year | -71.9% |
| 1926 | 10.14 % change on previous year | +282.8% |
| 1927 | 1.78 % change on previous year | -82.4% |
| 1928 | 6.44 % change on previous year | +261.5% |
| 1929 | 10.48 % change on previous year | +62.7% |
| 1930 | -11.47 % change on previous year | -209.4% |
| 1931 | -8.11 % change on previous year | -29.3% |
| 1932 | -3.84 % change on previous year | -52.7% |
| 1933 | 11.26 % change on previous year | -393.5% |
| 1934 | 13.55 % change on previous year | +20.3% |
| 1935 | 9.39 % change on previous year | -30.7% |
| 1936 | 4.76 % change on previous year | -49.3% |
| 1937 | 1.38 % change on previous year | -71.1% |
| 1938 | 1.56 % change on previous year | +13.7% |
| 1939 | 0.5926 % change on previous year | -62.1% |
| 1940 | 1.91 % change on previous year | +222.3% |
| 1941 | 0.0724 % change on previous year | -96.2% |
| 1942 | -2.26 % change on previous year | -3223.1% |
| 1943 | 1.57 % change on previous year | -169.4% |
| 1944 | 8.57 % change on previous year | +446.1% |
| 1945 | 3.73 % change on previous year | -56.5% |
| 1946 | 3.82 % change on previous year | +2.4% |
| 1947 | 2.82 % change on previous year | -26.1% |
| 1948 | 3.32 % change on previous year | +17.4% |
| 1949 | 7.53 % change on previous year | +127.3% |
| 1950 | 7.87 % change on previous year | +4.4% |
| 1951 | 7.78 % change on previous year | -1.1% |
| 1952 | 5.12 % change on previous year | -34.1% |
| 1953 | 6.38 % change on previous year | +24.5% |
| 1954 | 2.76 % change on previous year | -56.7% |
| 1955 | 7.45 % change on previous year | +169.7% |
| 1956 | 4.5 % change on previous year | -39.5% |
| 1957 | 4.91 % change on previous year | +9.1% |
| 1958 | 0.2856 % change on previous year | -94.2% |
| 1959 | 0.4983 % change on previous year | +74.5% |
| 1960 | 13.85 % change on previous year | +2678.7% |
| 1961 | 8.86 % change on previous year | -36.0% |
| 1962 | 7.49 % change on previous year | -15.5% |
| 1963 | 4.59 % change on previous year | -38.7% |
| 1964 | 6.98 % change on previous year | +52.0% |
| 1965 | 6.74 % change on previous year | -3.4% |
| 1966 | 8.42 % change on previous year | +24.8% |
| 1967 | 4.02 % change on previous year | -52.2% |
| 1968 | -1.09 % change on previous year | -127.1% |
| 1969 | 2.57 % change on previous year | -335.7% |
| 1970 | 7.82 % change on previous year | +204.5% |
| 1971 | 4.5 % change on previous year | -42.4% |
| 1972 | 3.21 % change on previous year | -28.7% |
| 1973 | 5.28 % change on previous year | +64.5% |
| 1974 | 5.26 % change on previous year | -0.4% |
| 1975 | 7.93 % change on previous year | +50.8% |
| 1976 | 1.41 % change on previous year | -82.3% |
| 1977 | -0.0679 % change on previous year | -104.8% |
| 1978 | -0.0104 % change on previous year | -84.7% |
| 1979 | 5.99 % change on previous year | -57751.2% |
| 1980 | 4.67 % change on previous year | -22.0% |
| 1981 | 4.56 % change on previous year | -2.3% |
| 1982 | 0.1221 % change on previous year | -97.3% |
| 1983 | -13.43 % change on previous year | -11101.9% |
| 1984 | 4.58 % change on previous year | -134.1% |
| 1985 | 1.95 % change on previous year | -57.3% |
| 1986 | 9.97 % change on previous year | +410.6% |
| 1987 | 8.51 % change on previous year | -14.7% |
| 1988 | -8.26 % change on previous year | -197.1% |
| 1989 | -12.21 % change on previous year | +47.9% |
| 1990 | -5.1 % change on previous year | -58.2% |
| 1991 | 4.73 % change on previous year | -192.7% |
| 1992 | 1.87 % change on previous year | -60.5% |
| 1993 | -16.63 % change on previous year | -990.3% |
| 1994 | 12.36 % change on previous year | -174.3% |
| 1995 | 7.56 % change on previous year | -38.9% |
| 1996 | 2.99 % change on previous year | -60.5% |
| 1997 | 6.77 % change on previous year | +126.5% |
| 1998 | -0.0825 % change on previous year | -101.2% |
| 1999 | 1.89 % change on previous year | -2391.0% |
| 2000 | 3.16 % change on previous year | +67.0% |
| 2001 | 1.12 % change on previous year | -64.4% |
| 2002 | 6.08 % change on previous year | +441.8% |
| 2003 | 4.84 % change on previous year | -20.4% |
| 2004 | 5.71 % change on previous year | +18.0% |
| 2005 | 6.97 % change on previous year | +22.0% |
| 2006 | 8.13 % change on previous year | +16.6% |
| 2007 | 9.15 % change on previous year | +12.5% |
| 2008 | 9.36 % change on previous year | +2.4% |
| 2009 | 0.8625 % change on previous year | -90.8% |
| 2010 | 8.23 % change on previous year | +854.6% |
| 2011 | 6.23 % change on previous year | -24.3% |
| 2012 | 6.14 % change on previous year | -1.5% |
| 2013 | 5.85 % change on previous year | -4.7% |
| 2014 | 2.38 % change on previous year | -59.3% |
| 2015 | 3.25 % change on previous year | +36.5% |
| 2016 | 3.95 % change on previous year | +21.6% |
| 2017 | 2.52 % change on previous year | -36.3% |
| 2018 | 3.98 % change on previous year | +57.9% |
| 2019 | 2.23 % change on previous year | -43.8% |
| 2020 | -11.01 % change on previous year | -593.2% |
| 2021 | 13.55 % change on previous year | -223.0% |
| 2022 | 2.7 % change on previous year | -80.1% |
Peru compared with similar countries
- Peru's 2.7 % change on previous year is below the median for upper middle income countries, which is 3.25 % change on previous year, 83% of the median. (47 countries reporting)
- Peru's 2.7 % change on previous year is below the median for Latin America & Caribbean, which is 3.87 % change on previous year, 70% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate (Bolt) 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 |
|---|---|---|---|
| 1979 | +57751.2% | -0.0104 % change on previous year | 5.99 % change on previous year |
| 1983 | -11101.9% | 0.1221 % change on previous year | -13.43 % change on previous year |
| 1942 | -3223.1% | 0.0724 % change on previous year | -2.26 % change on previous year |
| 1960 | +2678.7% | 0.4983 % change on previous year | 13.85 % change on previous year |
| 1999 | +2391.0% | -0.0825 % change on previous year | 1.89 % change on previous year |
| 1915 | +1629.5% | -0.5664 % change on previous year | 8.66 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1890s | 6.72 % change on previous year | 5.08 % change on previous year | 8.97 % change on previous year | 3 |
| 1900s | 5.12 % change on previous year | 1.72 % change on previous year | 7.95 % change on previous year | 10 |
| 1910s | 3.68 % change on previous year | -0.5664 % change on previous year | 10.36 % change on previous year | 10 |
| 1920s | 6.15 % change on previous year | 0.9125 % change on previous year | 10.48 % change on previous year | 10 |
| 1930s | 1.91 % change on previous year | -11.47 % change on previous year | 13.55 % change on previous year | 10 |
| 1940s | 3.11 % change on previous year | -2.26 % change on previous year | 8.57 % change on previous year | 10 |
| 1950s | 4.75 % change on previous year | 0.2856 % change on previous year | 7.87 % change on previous year | 10 |
| 1960s | 6.24 % change on previous year | -1.09 % change on previous year | 13.85 % change on previous year | 10 |
| 1970s | 4.13 % change on previous year | -0.0679 % change on previous year | 7.93 % change on previous year | 10 |
| 1980s | 0.0464 % change on previous year | -13.43 % change on previous year | 9.97 % change on previous year | 10 |
| 1990s | 1.63 % change on previous year | -16.63 % change on previous year | 12.36 % change on previous year | 10 |
| 2000s | 5.54 % change on previous year | 0.8625 % change on previous year | 9.36 % change on previous year | 10 |
| 2010s | 4.48 % change on previous year | 2.23 % change on previous year | 8.23 % change on previous year | 10 |
| 2020s | 1.75 % change on previous year | -11.01 % change on previous year | 13.55 % change on previous year | 3 |
Countries ranked near Peru
- 110 Angola 2.84 % change on previous year compare
- 111 Congo 2.79 % change on previous year compare
- 112 Jordan 2.71 % change on previous year compare
- 114 Thailand 2.64 % change on previous year compare
- 115 Sweden 2.64 % change on previous year compare
- 116 Comoros 2.62 % change on previous year 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)
- 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 gross domestic product (gdp), annual growth rate in Peru?
- Gross domestic product (gdp), annual growth rate in Peru was 2.7 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Peru?
- The highest recorded value was 13.85 % change on previous year in 1960.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Peru?
- The lowest recorded value was -16.63 % change on previous year in 1993.
- How does Peru rank for gross domestic product (gdp), annual growth rate?
- Peru ranks 113th out of 166 countries with data for 2022.
- Is gross domestic product (gdp), annual growth rate rising or falling in Peru?
- Over the last ten years it is down 56.0%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 126 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.