Gross domestic product (GDP), annual growth rate in Peru
Peru: Gross domestic product (GDP), annual growth rate was -0.6187 % change on previous year in 2023. ◆ Volatile
Latest (2023)
-0.6187 % change on previous year
Change on year
down 129.5%
World rank
148th
of 184 countries
All-time high
16.63 % change on previous year
in 1994
All-time low
-16.66 % change on previous year
in 1989
Years of data
73
1951–2023
Gross domestic product (GDP), annual growth rate in Peru, 1951–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Peru recorded -0.6187 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.
That represents a change of down 129.5% on the previous year and down 138.0% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Peru peaked at 16.63 % change on previous year in 1994 and was at its lowest, -16.66 % change on previous year, in 1989.
Peru ranks 148th of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Peru, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1951 | 7.8 % change on previous year | — |
| 1952 | 5.68 % change on previous year | -27.3% |
| 1953 | 5.23 % change on previous year | -7.9% |
| 1954 | 6.59 % change on previous year | +26.0% |
| 1955 | 5.41 % change on previous year | -17.9% |
| 1956 | 3.47 % change on previous year | -35.9% |
| 1957 | 8.03 % change on previous year | +131.4% |
| 1958 | -1.11 % change on previous year | -113.9% |
| 1959 | 2.2 % change on previous year | -298.2% |
| 1960 | 10.29 % change on previous year | +367.2% |
| 1961 | 7.18 % change on previous year | -30.2% |
| 1962 | 8.9 % change on previous year | +23.9% |
| 1963 | 5.69 % change on previous year | -36.1% |
| 1964 | 6.64 % change on previous year | +16.9% |
| 1965 | 6.65 % change on previous year | +0.1% |
| 1966 | 7.53 % change on previous year | +13.2% |
| 1967 | 5.02 % change on previous year | -33.3% |
| 1968 | -0.2936 % change on previous year | -105.8% |
| 1969 | 4.8 % change on previous year | -1734.0% |
| 1970 | 5.74 % change on previous year | +19.8% |
| 1971 | 6.09 % change on previous year | +6.1% |
| 1972 | 2.71 % change on previous year | -55.5% |
| 1973 | 8.23 % change on previous year | +203.2% |
| 1974 | 8.83 % change on previous year | +7.3% |
| 1975 | 5.07 % change on previous year | -42.5% |
| 1976 | 0.8977 % change on previous year | -82.3% |
| 1977 | -1.49 % change on previous year | -266.2% |
| 1978 | -3 % change on previous year | +100.8% |
| 1979 | 1.93 % change on previous year | -164.4% |
| 1980 | 9.57 % change on previous year | +396.2% |
| 1981 | 8.27 % change on previous year | -13.6% |
| 1982 | 0.7203 % change on previous year | -91.3% |
| 1983 | -7.17 % change on previous year | -1096.1% |
| 1984 | 4.25 % change on previous year | -159.2% |
| 1985 | 0.2573 % change on previous year | -93.9% |
| 1986 | 15.17 % change on previous year | +5794.2% |
| 1987 | 11.95 % change on previous year | -21.2% |
| 1988 | -5.27 % change on previous year | -144.1% |
| 1989 | -16.66 % change on previous year | +216.3% |
| 1990 | 1.16 % change on previous year | -107.0% |
| 1991 | 4.37 % change on previous year | +276.9% |
| 1992 | 2.34 % change on previous year | -46.6% |
| 1993 | 6.85 % change on previous year | +193.1% |
| 1994 | 16.63 % change on previous year | +143.0% |
| 1995 | 12.13 % change on previous year | -27.1% |
| 1996 | 5.66 % change on previous year | -53.3% |
| 1997 | 6.75 % change on previous year | +19.2% |
| 1998 | -2.02 % change on previous year | -130.0% |
| 1999 | -0.06 % change on previous year | -97.0% |
| 2000 | 2.72 % change on previous year | -4635.0% |
| 2001 | 0.5847 % change on previous year | -78.5% |
| 2002 | 6.2 % change on previous year | +960.6% |
| 2003 | 6.19 % change on previous year | -0.2% |
| 2004 | 7.94 % change on previous year | +28.4% |
| 2005 | 10.39 % change on previous year | +30.8% |
| 2006 | 13.21 % change on previous year | +27.2% |
| 2007 | 10.99 % change on previous year | -16.8% |
| 2008 | 9.59 % change on previous year | -12.7% |
| 2009 | 0.1974 % change on previous year | -97.9% |
| 2010 | 13.85 % change on previous year | +6916.9% |
| 2011 | 9.96 % change on previous year | -28.0% |
| 2012 | 5.72 % change on previous year | -42.6% |
| 2013 | 1.63 % change on previous year | -71.6% |
| 2014 | 1.69 % change on previous year | +4.0% |
| 2015 | 0.3569 % change on previous year | -78.9% |
| 2016 | 2.49 % change on previous year | +598.9% |
| 2017 | 3.13 % change on previous year | +25.3% |
| 2018 | 3.9 % change on previous year | +24.8% |
| 2019 | 5.16 % change on previous year | +32.2% |
| 2020 | -8.71 % change on previous year | -268.9% |
| 2021 | 15.01 % change on previous year | -272.3% |
| 2022 | 2.1 % change on previous year | -86.0% |
| 2023 | -0.6187 % change on previous year | -129.5% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 2010 | +6916.9% | 0.1974 % change on previous year | 13.85 % change on previous year |
| 1986 | +5794.2% | 0.2573 % change on previous year | 15.17 % change on previous year |
| 2000 | +4635.0% | -0.06 % change on previous year | 2.72 % change on previous year |
| 1969 | +1734.0% | -0.2936 % change on previous year | 4.8 % change on previous year |
| 1983 | -1096.1% | 0.7203 % change on previous year | -7.17 % change on previous year |
| 2002 | +960.6% | 0.5847 % change on previous year | 6.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 4.81 % change on previous year | -1.11 % change on previous year | 8.03 % change on previous year | 9 |
| 1960s | 6.24 % change on previous year | -0.2936 % change on previous year | 10.29 % change on previous year | 10 |
| 1970s | 3.5 % change on previous year | -3 % change on previous year | 8.83 % change on previous year | 10 |
| 1980s | 2.11 % change on previous year | -16.66 % change on previous year | 15.17 % change on previous year | 10 |
| 1990s | 5.38 % change on previous year | -2.02 % change on previous year | 16.63 % change on previous year | 10 |
| 2000s | 6.8 % change on previous year | 0.1974 % change on previous year | 13.21 % change on previous year | 10 |
| 2010s | 4.79 % change on previous year | 0.3569 % change on previous year | 13.85 % change on previous year | 10 |
| 2020s | 1.94 % change on previous year | -8.71 % change on previous year | 15.01 % change on previous year | 4 |
Countries ranked near Peru
- 145 Denmark -0.3723 % change on previous year compare
- 146 Jamaica -0.4885 % change on previous year compare
- 147 Poland -0.5289 % change on previous year compare
- 149 Hungary -0.7765 % change on previous year compare
- 150 Anguilla -0.8158 % change on previous year compare
- 151 Nigeria -1.03 % 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)
- 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), annual growth rate in Peru?
- Gross domestic product (gdp), annual growth rate in Peru was -0.6187 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Peru?
- The highest recorded value was 16.63 % change on previous year in 1994.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Peru?
- The lowest recorded value was -16.66 % change on previous year in 1989.
- How does Peru rank for gross domestic product (gdp), annual growth rate?
- Peru ranks 148th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Peru?
- Over the last ten years it is down 138.0%. 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 — 73 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) Feenstra et al. – Penn World Table (2025) – 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.