Gross value added at basic prices (GVA) (current LCU), annual growth in Peru
Peru: Gross value added at basic prices (GVA) (current LCU), annual growth was 9.4 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Peru, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Peru recorded 9.4 % change on previous year for gross value added at basic prices (gva) (current lcu), annual growth in 2024.
That represents a change of up 34.0% on the previous year and up 99.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Peru peaked at 166.4 % change on previous year in 1977 and was at its lowest, -20.63 % change on previous year, in 1978.
That places Peru 68th out of 205 countries with data for 2024, 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 value added at basic prices (GVA) (current LCU), annual growth in Peru, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 9.86 % change on previous year | — |
| 1962 | 13.57 % change on previous year | +37.6% |
| 1963 | 9 % change on previous year | -33.7% |
| 1964 | 20.15 % change on previous year | +123.9% |
| 1965 | 18.01 % change on previous year | -10.6% |
| 1966 | 17.82 % change on previous year | -1.1% |
| 1967 | 15.47 % change on previous year | -13.2% |
| 1968 | 18.2 % change on previous year | +17.6% |
| 1969 | 10.63 % change on previous year | -41.6% |
| 1970 | 16.68 % change on previous year | +56.9% |
| 1971 | 11.73 % change on previous year | -29.7% |
| 1972 | 10.67 % change on previous year | -9.0% |
| 1973 | 20.58 % change on previous year | +92.8% |
| 1974 | 28.27 % change on previous year | +37.4% |
| 1975 | 25.88 % change on previous year | -8.5% |
| 1976 | 32.48 % change on previous year | +25.5% |
| 1977 | 166.4 % change on previous year | +412.2% |
| 1978 | -20.63 % change on previous year | -112.4% |
| 1979 | 72.82 % change on previous year | -453.0% |
| 1992 | 66.21 % change on previous year | -9.1% |
| 1993 | 53.86 % change on previous year | -18.7% |
| 1994 | 41.4 % change on previous year | -23.1% |
| 1995 | 21.72 % change on previous year | -47.5% |
| 1996 | 13.26 % change on previous year | -38.9% |
| 1997 | 14.19 % change on previous year | +7.0% |
| 1998 | 4.9 % change on previous year | -65.5% |
| 1999 | 5.05 % change on previous year | +3.0% |
| 2000 | 6.62 % change on previous year | +31.2% |
| 2001 | 1.42 % change on previous year | -78.5% |
| 2002 | 5.59 % change on previous year | +292.3% |
| 2003 | 5.7 % change on previous year | +2.1% |
| 2004 | 11.32 % change on previous year | +98.5% |
| 2005 | 10.1 % change on previous year | -10.8% |
| 2006 | 16.31 % change on previous year | +61.5% |
| 2007 | 10.41 % change on previous year | -36.1% |
| 2008 | 10.5 % change on previous year | +0.8% |
| 2009 | 3 % change on previous year | -71.4% |
| 2010 | 14.33 % change on previous year | +377.3% |
| 2011 | 14.18 % change on previous year | -1.1% |
| 2012 | 6.59 % change on previous year | -53.5% |
| 2013 | 6.57 % change on previous year | -0.4% |
| 2014 | 4.71 % change on previous year | -28.4% |
| 2015 | 6.65 % change on previous year | +41.2% |
| 2016 | 7.59 % change on previous year | +14.2% |
| 2017 | 6.47 % change on previous year | -14.8% |
| 2018 | 6.39 % change on previous year | -1.2% |
| 2019 | 3.75 % change on previous year | -41.2% |
| 2020 | -7.08 % change on previous year | -288.7% |
| 2021 | 23.93 % change on previous year | -437.7% |
| 2022 | 7.74 % change on previous year | -67.7% |
| 2023 | 7.02 % change on previous year | -9.3% |
| 2024 | 9.4 % change on previous year | +34.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.75 % change on previous year | 9 % change on previous year | 20.15 % change on previous year | 9 |
| 1970s | 36.49 % change on previous year | -20.63 % change on previous year | 166.4 % change on previous year | 10 |
| 1990s | 27.57 % change on previous year | 4.9 % change on previous year | 66.21 % change on previous year | 8 |
| 2000s | 8.1 % change on previous year | 1.42 % change on previous year | 16.31 % change on previous year | 10 |
| 2010s | 7.72 % change on previous year | 3.75 % change on previous year | 14.33 % change on previous year | 10 |
| 2020s | 8.2 % change on previous year | -7.08 % change on previous year | 23.93 % change on previous year | 5 |
Countries ranked near Peru
- 65 Benin 9.74 % change on previous year compare
- 66 Marshall Islands 9.57 % change on previous year compare
- 67 Iceland 9.45 % change on previous year compare
- 69 Cambodia 9.36 % change on previous year compare
- 70 Guyana 9.31 % change on previous year compare
- 71 Sint Maarten (Dutch part) 9.3 % 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)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.48 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 29,656 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.21 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6507 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 6,302 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.21 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.64 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 15,914 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Peru?
- Gross value added at basic prices (gva) (current lcu), annual growth in Peru was 9.4 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Peru?
- The highest recorded value was 166.4 % change on previous year in 1977.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Peru?
- The lowest recorded value was -20.63 % change on previous year in 1978.
- How does Peru rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Peru ranks 68th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Peru?
- Over the last ten years it is up 99.8%. 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 value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
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 value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.