Machinery and transport equipment in Peru
Peru: Machinery and transport equipment was 3.6% in 2024. ▼ Falling
Machinery and transport equipment in Peru, 1974–2024
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2024, machinery and transport equipment in Peru stood at 3.6%.
Compared with earlier readings it is down 34.3% on the previous year and down 38.1% over ten years.
Over the whole period, machinery and transport equipment in Peru peaked at 8.7% in 1980 and was at its lowest, 1.6%, in 2004.
Peru ranks 98th of 149 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Machinery and transport equipment in Peru, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1974 | 6.1% | — |
| 1975 | 7.5% | +22.8% |
| 1976 | 8.4% | +11.6% |
| 1977 | 7.8% | -6.2% |
| 1978 | 6.1% | -22.4% |
| 1979 | 6.8% | +12.5% |
| 1980 | 8.7% | +26.7% |
| 1981 | 6.4% | -26.7% |
| 1982 | 6.5% | +1.8% |
| 1983 | 5.5% | -14.9% |
| 1984 | 5.1% | -8.0% |
| 1985 | 4.2% | -17.5% |
| 1986 | 4.7% | +12.5% |
| 1987 | 5.6% | +18.9% |
| 1988 | 7.0% | +24.4% |
| 1989 | 4.8% | -30.7% |
| 1990 | 4.6% | -5.6% |
| 1991 | 4.0% | -12.8% |
| 1992 | 4.0% | +1.8% |
| 1993 | 4.0% | +0.0% |
| 1994 | 4.7% | +15.5% |
| 1995 | 5.0% | +6.6% |
| 1996 | 3.8% | -24.0% |
| 1997 | 3.8% | +0.0% |
| 1998 | 3.8% | +0.0% |
| 1999 | 2.5% | -33.5% |
| 2000 | 2.5% | +0.0% |
| 2001 | 2.5% | +0.0% |
| 2002 | 2.0% | -19.0% |
| 2003 | 1.8% | -13.4% |
| 2004 | 1.6% | -8.8% |
| 2005 | 1.7% | +3.8% |
| 2006 | 1.8% | +7.3% |
| 2007 | 2.2% | +20.2% |
| 2008 | 2.4% | +13.5% |
| 2009 | 2.5% | +1.6% |
| 2010 | 2.9% | +15.4% |
| 2011 | 3.0% | +3.3% |
| 2012 | 3.2% | +6.4% |
| 2013 | 5.0% | +59.8% |
| 2014 | 5.8% | +14.7% |
| 2015 | 6.2% | +6.5% |
| 2016 | 6.3% | +2.7% |
| 2017 | 6.5% | +2.0% |
| 2018 | 6.3% | -2.9% |
| 2019 | 6.4% | +2.4% |
| 2020 | 4.8% | -25.5% |
| 2021 | 5.6% | +17.5% |
| 2022 | 5.5% | -1.5% |
| 2023 | 5.5% | -1.3% |
| 2024 | 3.6% | -34.3% |
Peru compared with similar countries
- Peru's 3.6% is below the median for upper middle income countries, which is 6.8%, 52% of the median. (46 countries reporting)
- Peru's 3.6% is below the median for Latin America & Caribbean, which is 4.0%, 89% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.1% | 6.1% | 8.4% | 6 |
| 1980s | 5.8% | 4.2% | 8.7% | 10 |
| 1990s | 4.0% | 2.5% | 5.0% | 10 |
| 2000s | 2.1% | 1.6% | 2.5% | 10 |
| 2010s | 5.1% | 2.9% | 6.5% | 10 |
| 2020s | 5.0% | 3.6% | 5.6% | 5 |
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)
- 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 machinery and transport equipment in Peru?
- Machinery and transport equipment in Peru was 3.6% in 2024, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Peru?
- The highest recorded value was 8.7% in 1980.
- What is the lowest machinery and transport equipment recorded in Peru?
- The lowest recorded value was 1.6% in 2004.
- How does Peru rank for machinery and transport equipment?
- Peru ranks 98th out of 149 countries with data for 2024.
- Is machinery and transport equipment rising or falling in Peru?
- Over the last ten years it is down 38.1%. The long-run trend across the full record is falling.
- Where does this Peru data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).