Services, value added (current US$), annual growth rate in Peru

Peru: Services, value added (current US$), annual growth rate was 8.54 % change on previous year in 2024. ◆ Volatile

Latest (2024)
8.54 % change on previous year
Change on year
down 27.1%
World rank
106th
of 204 countries
All-time high
73.54 % change on previous year
in 1977
All-time low
-58.19 % change on previous year
in 1978
Years of data
52
1961–2024

Services, value added (current US$), annual growth rate in Peru, 1961–2024

-50050196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Peru recorded 8.54 % change on previous year for services, value added (current us$), annual growth rate in 2024.

That represents a change of down 27.1% on the previous year and up 142.9% over ten years.

Over the whole period, services, value added (current us$), annual growth rate in Peru peaked at 73.54 % change on previous year in 1977 and was at its lowest, -58.19 % change on previous year, in 1978.

Peru ranks 106th of 204 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Services, value added (current US$), annual growth rate in Peru, year by year

Annual values for Services, value added (current US$), annual growth rate in Peru, 1961 to 2024.
Year % change on previous year Change
1961 12.06 % change on previous year
1962 16.28 % change on previous year +35.0%
1963 15.15 % change on previous year -6.9%
1964 18.92 % change on previous year +24.9%
1965 19.58 % change on previous year +3.5%
1966 16.99 % change on previous year -13.2%
1967 -1.01 % change on previous year -106.0%
1968 -7.46 % change on previous year +635.3%
1969 9.68 % change on previous year -229.8%
1970 15.76 % change on previous year +62.8%
1971 13.27 % change on previous year -15.8%
1972 12.13 % change on previous year -8.5%
1973 18.04 % change on previous year +48.7%
1974 26.71 % change on previous year +48.0%
1975 26.72 % change on previous year +0.0%
1976 -6.64 % change on previous year -124.9%
1977 73.54 % change on previous year -1206.6%
1978 -58.19 % change on previous year -179.1%
1979 12.56 % change on previous year -121.6%
1992 1.98 % change on previous year -84.3%
1993 -6.6 % change on previous year -434.2%
1994 23.85 % change on previous year -461.1%
1995 19.29 % change on previous year -19.1%
1996 3.96 % change on previous year -79.5%
1997 5.13 % change on previous year +29.4%
1998 -3.66 % change on previous year -171.3%
1999 -8.76 % change on previous year +139.6%
2000 3.15 % change on previous year -136.0%
2001 1.46 % change on previous year -53.6%
2002 5.23 % change on previous year +258.4%
2003 6.17 % change on previous year +18.0%
2004 8.27 % change on previous year +33.9%
2005 10.48 % change on previous year +26.7%
2006 10.89 % change on previous year +3.9%
2007 14.99 % change on previous year +37.7%
2008 20.63 % change on previous year +37.6%
2009 5.14 % change on previous year -75.1%
2010 17.79 % change on previous year +245.8%
2011 13.61 % change on previous year -23.5%
2012 15.38 % change on previous year +13.0%
2013 7.37 % change on previous year -52.1%
2014 3.51 % change on previous year -52.3%
2015 -2.49 % change on previous year -171.0%
2016 1.6 % change on previous year -164.1%
2017 9.19 % change on previous year +475.3%
2018 4.73 % change on previous year -48.6%
2019 4.22 % change on previous year -10.8%
2020 -12.12 % change on previous year -387.4%
2021 1.07 % change on previous year -108.8%
2022 10.96 % change on previous year +924.6%
2023 11.71 % change on previous year +6.9%
2024 8.54 % change on previous year -27.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 11.13 % change on previous year -7.46 % change on previous year 19.58 % change on previous year 9
1970s 13.39 % change on previous year -58.19 % change on previous year 73.54 % change on previous year 10
1990s 4.4 % change on previous year -8.76 % change on previous year 23.85 % change on previous year 8
2000s 8.64 % change on previous year 1.46 % change on previous year 20.63 % change on previous year 10
2010s 7.49 % change on previous year -2.49 % change on previous year 17.79 % change on previous year 10
2020s 4.03 % change on previous year -12.12 % change on previous year 11.71 % change on previous year 5

Countries ranked near Peru

  1. 103 Greece 8.62 % change on previous year compare
  2. 104 Senegal 8.6 % change on previous year compare
  3. 105 Tonga 8.54 % change on previous year compare
  4. 107 Germany 8.49 % change on previous year compare
  5. 108 Austria 8.49 % change on previous year compare
  6. 109 Belgium 8.43 % change on previous year compare

See the full ranking of 252 places →

More economy & growth data for Peru

All data for Peru →

Frequently asked questions

What is services, value added (current us$), annual growth rate in Peru?
Services, value added (current us$), annual growth rate in Peru was 8.54 % change on previous year in 2024, according to Statizoid (derived).
What is the highest services, value added (current us$), annual growth rate recorded in Peru?
The highest recorded value was 73.54 % change on previous year in 1977.
What is the lowest services, value added (current us$), annual growth rate recorded in Peru?
The lowest recorded value was -58.19 % change on previous year in 1978.
How does Peru rank for services, value added (current us$), annual growth rate?
Peru ranks 106th out of 204 countries with data for 2024.
Is services, value added (current us$), annual growth rate rising or falling in Peru?
Over the last ten years it is up 142.9%. 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 Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Services, value added (current US$), annual growth rate in Peru. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-current-us-annual-growth-rate/peru/

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How this figure is calculated

The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Services, value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 10,451 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.