Taxes less subsidies on products (current LCU), annual growth rate in Peru
Peru: Taxes less subsidies on products (current LCU), annual growth rate was 6.03 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Peru, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), annual growth rate in Peru is 6.03 % change on previous year, measured in 2024.
That represents a change of up 414.0% on the previous year and down 8.2% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Peru peaked at 196.31 % change on previous year in 1979 and was at its lowest, -13.54 % change on previous year, in 2020.
That places Peru 116th out of 197 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.
Taxes less subsidies on products (current LCU), annual growth rate in Peru, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 23.66 % change on previous year | — |
| 1962 | 10.23 % change on previous year | -56.8% |
| 1963 | 17.68 % change on previous year | +72.8% |
| 1964 | 32.35 % change on previous year | +82.9% |
| 1965 | 25.65 % change on previous year | -20.7% |
| 1966 | 24.07 % change on previous year | -6.1% |
| 1967 | 2.24 % change on previous year | -90.7% |
| 1968 | 21.9 % change on previous year | +878.1% |
| 1969 | 27.54 % change on previous year | +25.8% |
| 1970 | 6.1 % change on previous year | -77.8% |
| 1971 | 9.29 % change on previous year | +52.2% |
| 1972 | 12.96 % change on previous year | +39.4% |
| 1973 | 8.96 % change on previous year | -30.8% |
| 1974 | -1.97 % change on previous year | -122.0% |
| 1975 | 53.36 % change on previous year | -2803.4% |
| 1976 | 19.47 % change on previous year | -63.5% |
| 1978 | 116.63 % change on previous year | +498.9% |
| 1979 | 196.31 % change on previous year | +68.3% |
| 1992 | 93.33 % change on previous year | -52.5% |
| 1993 | 56.11 % change on previous year | -39.9% |
| 1994 | 51.04 % change on previous year | -9.0% |
| 1995 | 24.57 % change on previous year | -51.9% |
| 1996 | 8.19 % change on previous year | -66.7% |
| 1997 | 14.61 % change on previous year | +78.4% |
| 1998 | 5.5 % change on previous year | -62.3% |
| 1999 | -0.9009 % change on previous year | -116.4% |
| 2000 | 3.26 % change on previous year | -462.1% |
| 2001 | -2.5 % change on previous year | -176.6% |
| 2002 | 5.39 % change on previous year | -315.9% |
| 2003 | 9.73 % change on previous year | +80.4% |
| 2004 | 13.94 % change on previous year | +43.3% |
| 2005 | 9.1 % change on previous year | -34.8% |
| 2006 | 10.19 % change on previous year | +12.0% |
| 2007 | 7.14 % change on previous year | -29.9% |
| 2008 | 8.45 % change on previous year | +18.3% |
| 2009 | 5.2 % change on previous year | -38.5% |
| 2010 | 16.57 % change on previous year | +218.7% |
| 2011 | 6.11 % change on previous year | -63.1% |
| 2012 | 17.01 % change on previous year | +178.7% |
| 2013 | 11.25 % change on previous year | -33.9% |
| 2014 | 6.57 % change on previous year | -41.6% |
| 2015 | -0.1156 % change on previous year | -101.8% |
| 2016 | 2.51 % change on previous year | -2269.2% |
| 2017 | 3.53 % change on previous year | +40.8% |
| 2018 | 5.78 % change on previous year | +63.6% |
| 2019 | 8.8 % change on previous year | +52.3% |
| 2020 | -13.54 % change on previous year | -254.0% |
| 2021 | 35.35 % change on previous year | -361.1% |
| 2022 | 4.41 % change on previous year | -87.5% |
| 2023 | -1.92 % change on previous year | -143.5% |
| 2024 | 6.03 % change on previous year | -414.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.59 % change on previous year | 2.24 % change on previous year | 32.35 % change on previous year | 9 |
| 1970s | 46.79 % change on previous year | -1.97 % change on previous year | 196.31 % change on previous year | 9 |
| 1990s | 31.56 % change on previous year | -0.9009 % change on previous year | 93.33 % change on previous year | 8 |
| 2000s | 6.99 % change on previous year | -2.5 % change on previous year | 13.94 % change on previous year | 10 |
| 2010s | 7.8 % change on previous year | -0.1156 % change on previous year | 17.01 % change on previous year | 10 |
| 2020s | 6.07 % change on previous year | -13.54 % change on previous year | 35.35 % change on previous year | 5 |
Countries ranked near Peru
- 113 Bhutan 6.38 % change on previous year compare
- 114 Indonesia 6.35 % change on previous year compare
- 115 Guatemala 6.16 % change on previous year compare
- 117 Belarus 6 % change on previous year compare
- 118 Eswatini 5.94 % change on previous year compare
- 119 Namibia 5.86 % 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 13.02 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2046 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,981 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 53.19 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 45.57 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 12.89 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.2805 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 2,391 current LCU per person (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Peru?
- Taxes less subsidies on products (current lcu), annual growth rate in Peru was 6.03 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Peru?
- The highest recorded value was 196.31 % change on previous year in 1979.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Peru?
- The lowest recorded value was -13.54 % change on previous year in 2020.
- How does Peru rank for taxes less subsidies on products (current lcu), annual growth rate?
- Peru ranks 116th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Peru?
- Over the last ten years it is down 8.2%. 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 Taxes less subsidies on products (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 Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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 Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.