Taxes less subsidies on products (current US$), annual growth rate in Peru

Peru: Taxes less subsidies on products (current US$), annual growth rate was 5.75 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.75 % change on previous year
Change on year
up 1,117.6%
World rank
130th
of 197 countries
All-time high
108.96 % change on previous year
in 1978
All-time low
-17.45 % change on previous year
in 2020
Years of data
51
1961–2024

Taxes less subsidies on products (current US$), annual growth rate in Peru, 1961–2024

050100196119922024

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

Analysis

In 2024, taxes less subsidies on products (current us$), annual growth rate in Peru stood at 5.75 % change on previous year.

Compared with earlier readings it is up 1,117.6% on the previous year and up 304.0% over ten years.

Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Peru peaked at 108.96 % change on previous year in 1978 and was at its lowest, -17.45 % change on previous year, in 2020.

Peru ranks 130th of 197 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.

Taxes less subsidies on products (current US$), annual growth rate in Peru, year by year

Annual values for Taxes less subsidies on products (current US$), annual growth rate in Peru, 1961 to 2024.
Year % change on previous year Change
1961 25.89 % change on previous year
1962 10.22 % change on previous year -60.5%
1963 17.68 % change on previous year +73.0%
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 -9.35 % change on previous year -138.8%
1968 -4.72 % change on previous year -49.5%
1969 27.54 % change on previous year -683.2%
1970 6.1 % change on previous year -77.8%
1971 9.29 % change on previous year +52.3%
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 47.01 % change on previous year -2481.8%
1976 -13.49 % change on previous year -128.7%
1978 108.96 % change on previous year -907.5%
1979 106.16 % change on previous year -2.6%
1992 20.27 % change on previous year -80.9%
1993 -1.87 % change on previous year -109.2%
1994 36.78 % change on previous year -2072.0%
1995 21.29 % change on previous year -42.1%
1996 -0.559 % change on previous year -102.6%
1997 5.59 % change on previous year -1099.4%
1998 -4.06 % change on previous year -172.6%
1999 -14.23 % change on previous year +250.6%
2000 0.1436 % change on previous year -101.0%
2001 -3 % change on previous year -2191.7%
2002 5.1 % change on previous year -270.0%
2003 10.94 % change on previous year +114.4%
2004 16.13 % change on previous year +47.4%
2005 12.97 % change on previous year -19.6%
2006 10.93 % change on previous year -15.7%
2007 12.13 % change on previous year +11.0%
2008 15.98 % change on previous year +31.7%
2009 2.18 % change on previous year -86.3%
2010 24.29 % change on previous year +1012.2%
2011 8.84 % change on previous year -63.6%
2012 22.18 % change on previous year +150.9%
2013 8.6 % change on previous year -61.2%
2014 1.42 % change on previous year -83.5%
2015 -10.95 % change on previous year -869.5%
2016 -3.28 % change on previous year -70.0%
2017 7.17 % change on previous year -318.5%
2018 4.94 % change on previous year -31.2%
2019 7.15 % change on previous year +44.9%
2020 -17.45 % change on previous year -343.9%
2021 21.9 % change on previous year -225.5%
2022 5.65 % change on previous year -74.2%
2023 0.4721 % change on previous year -91.6%
2024 5.75 % change on previous year +1117.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 16.59 % change on previous year -9.35 % change on previous year 32.35 % change on previous year 9
1970s 31.55 % change on previous year -13.49 % change on previous year 108.96 % change on previous year 9
1990s 7.9 % change on previous year -14.23 % change on previous year 36.78 % change on previous year 8
2000s 8.35 % change on previous year -3 % change on previous year 16.13 % change on previous year 10
2010s 7.04 % change on previous year -10.95 % change on previous year 24.29 % change on previous year 10
2020s 3.26 % change on previous year -17.45 % change on previous year 21.9 % change on previous year 5

Countries ranked near Peru

  1. 127 Cyprus 6.22 % change on previous year compare
  2. 128 Iceland 5.83 % change on previous year compare
  3. 129 Georgia 5.8 % change on previous year compare
  4. 131 Barbados 5.51 % change on previous year compare
  5. 132 Uruguay 5.25 % change on previous year compare
  6. 133 Saint Kitts and Nevis 5.17 % change on previous year compare

See the full ranking of 197 places →

More economy & growth data for Peru

All data for Peru →

Frequently asked questions

What is taxes less subsidies on products (current us$), annual growth rate in Peru?
Taxes less subsidies on products (current us$), annual growth rate in Peru was 5.75 % change on previous year in 2024, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Peru?
The highest recorded value was 108.96 % change on previous year in 1978.
What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Peru?
The lowest recorded value was -17.45 % change on previous year in 2020.
How does Peru rank for taxes less subsidies on products (current us$), annual growth rate?
Peru ranks 130th out of 197 countries with data for 2024.
Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Peru?
Over the last ten years it is up 304.0%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current US$), annual growth rate in Peru. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-annual-growth-rate/peru/

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How this figure is calculated

The year-on-year percentage change in Taxes less subsidies on products (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
Taxes less subsidies on products (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
197 places, 8,063 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.