Merchandise trade as a proportion of GDP (%) in Peru
Peru: Merchandise trade as a proportion of GDP (%) was 44.3% in 2024. ▲ Rising
Latest (2024)
44.3%
Change on year
up 1.0%
World rank
140th
of 220 countries
All-time high
50.4%
in 2008
All-time low
27.6%
in 2001
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Peru, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Peru recorded 44.3% for merchandise trade as a proportion of gdp in 2024.
Compared with earlier readings it is up 1.0% on the previous year and up 9.9% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Peru peaked at 50.4% in 2008 and was at its lowest, 27.6%, in 2001.
That places Peru 140th out of 220 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Peru, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 27.8% | — |
| 2001 | 27.6% | -0.7% |
| 2002 | 27.8% | +0.7% |
| 2003 | 29.8% | +7.4% |
| 2004 | 34.3% | +15.1% |
| 2005 | 39.3% | +14.5% |
| 2006 | 44.2% | +12.5% |
| 2007 | 47.6% | +7.6% |
| 2008 | 50.4% | +6.0% |
| 2009 | 40.7% | -19.3% |
| 2010 | 44.8% | +10.0% |
| 2011 | 49.3% | +10.1% |
| 2012 | 45.9% | -6.8% |
| 2013 | 42.9% | -6.6% |
| 2014 | 40.3% | -5.9% |
| 2015 | 37.7% | -6.6% |
| 2016 | 37.9% | +0.7% |
| 2017 | 39.5% | +4.2% |
| 2018 | 41.0% | +3.8% |
| 2019 | 38.9% | -5.2% |
| 2020 | 37.6% | -3.2% |
| 2021 | 48.8% | +29.9% |
| 2022 | 50.3% | +3.1% |
| 2023 | 43.9% | -12.9% |
| 2024 | 44.3% | +1.0% |
Peru compared with similar countries
- Peru's 44.3% is below the median for upper middle income countries, which is 56.9%, 78% of the median. (55 countries reporting)
- Peru's 44.3% is above the median for Latin America & Caribbean, which is 43.3%, 1.0× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.9% | 27.6% | 50.4% | 10 |
| 2010s | 41.8% | 37.7% | 49.3% | 10 |
| 2020s | 45.0% | 37.6% | 50.3% | 5 |
Countries ranked near Peru
- 138 Türkiye 44.6% compare
- 138 Turkey 44.6% compare
- 141 Luxembourg 44.3% compare
- 142 France 44.0% compare
- 143 Saudi Arabia 43.4% compare
More economy & growth data for Peru
- Real gdp growth, annual growth rate -2.13 % change on previous year (2025)
- 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)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Peru?
- Merchandise trade as a proportion of gdp in Peru was 44.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Peru?
- The highest recorded value was 50.4% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Peru?
- The lowest recorded value was 27.6% in 2001.
- How does Peru rank for merchandise trade as a proportion of gdp?
- Peru ranks 140th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Peru?
- Over the last ten years it is up 9.9%. The long-run trend across the full record is rising.
- Where does this Peru data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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