Total debt service in Peru
Peru: Total debt service was 17.1% in 2024. ◆ Volatile
Total debt service in Peru, 1977–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Peru recorded 17.1% for total debt service in 2024.
That represents a change of up 43.4% over ten years.
Over the whole period, total debt service in Peru peaked at 62.6% in 1993 and was at its lowest, 7.9%, in 2011.
Peru ranks 43rd of 120 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.
Total debt service in Peru, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1977 | 53.6% | — |
| 1978 | 50.4% | -6.1% |
| 1979 | 34.2% | -32.0% |
| 1980 | 44.8% | +31.0% |
| 1981 | 59.4% | +32.5% |
| 1982 | 49.0% | -17.6% |
| 1983 | 34.4% | -29.8% |
| 1984 | 30.2% | -12.3% |
| 1985 | 28.1% | -7.0% |
| 1986 | 21.5% | -23.4% |
| 1987 | 13.7% | -36.4% |
| 1988 | 9.7% | -29.2% |
| 1989 | 9.0% | -7.5% |
| 1990 | 11.1% | +23.5% |
| 1991 | 27.1% | +145.0% |
| 1992 | 21.7% | -20.0% |
| 1993 | 62.6% | +189.1% |
| 1994 | 19.8% | -68.3% |
| 1995 | 18.2% | -8.5% |
| 1996 | 38.1% | +109.8% |
| 1997 | 39.3% | +3.1% |
| 1998 | 27.3% | -30.5% |
| 1999 | 31.5% | +15.5% |
| 2000 | 28.9% | -8.3% |
| 2001 | 25.0% | -13.5% |
| 2002 | 37.2% | +48.7% |
| 2003 | 23.8% | -36.0% |
| 2004 | 18.7% | -21.3% |
| 2005 | 30.4% | +62.2% |
| 2006 | 13.1% | -56.7% |
| 2007 | 27.9% | +111.9% |
| 2008 | 14.6% | -47.8% |
| 2009 | 13.4% | -7.8% |
| 2010 | 16.6% | +24.0% |
| 2011 | 7.9% | -52.7% |
| 2012 | 12.3% | +56.6% |
| 2013 | 15.1% | +22.7% |
| 2014 | 11.9% | -21.1% |
| 2015 | 13.4% | +12.3% |
| 2016 | 17.7% | +32.1% |
| 2017 | 20.9% | +18.1% |
| 2018 | 12.7% | -39.0% |
| 2019 | 14.1% | +10.8% |
| 2020 | 17.1% | +20.7% |
| 2021 | 13.7% | -19.8% |
| 2022 | 9.6% | -29.9% |
| 2023 | 17.1% | +78.5% |
| 2024 | 17.1% | +0.0% |
Peru compared with similar countries
- Peru's 17.1% is above the median for upper middle income countries, which is 14.4%, 1.2× the median. (51 countries reporting)
- Peru's 17.1% is below the median for Latin America & Caribbean, which is 19.8%, 87% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 46.1% | 34.2% | 53.6% | 3 |
| 1980s | 30.0% | 9.0% | 59.4% | 10 |
| 1990s | 29.7% | 11.1% | 62.6% | 10 |
| 2000s | 23.3% | 13.1% | 37.2% | 10 |
| 2010s | 14.3% | 7.9% | 20.9% | 10 |
| 2020s | 14.9% | 9.6% | 17.1% | 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 total debt service in Peru?
- Total debt service in Peru was 17.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Peru?
- The highest recorded value was 62.6% in 1993.
- What is the lowest total debt service recorded in Peru?
- The lowest recorded value was 7.9% in 2011.
- How does Peru rank for total debt service?
- Peru ranks 43rd out of 120 countries with data for 2024.
- Is total debt service rising or falling in Peru?
- Over the last ten years it is up 43.4%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.