Value Added (Total Manufacturing) — Value Standard Local Currency in Peru

Peru: Value Added (Total Manufacturing) — Value Standard Local Currency was 7.98 % change on previous year in 2023. ◆ Volatile

Latest (2023)
7.98 % change on previous year
Change on year
down 27.7%
World rank
100th
of 231 countries
All-time high
753.57 % change on previous year
in 1988
All-time low
-11.91 % change on previous year
in 2020
Years of data
51
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Peru, 1971–2023

0200400600800197119972023

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

Analysis

Peru recorded 7.98 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.

The figure is down 27.7% on the previous year and up 72.7% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Peru peaked at 753.57 % change on previous year in 1988 and was at its lowest, -11.91 % change on previous year, in 2020.

That places Peru 100th out of 231 countries with data for 2023, putting it in the middle of the range.

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

Value Added (Total Manufacturing) — Value Standard Local Currency in Peru, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Peru, 1971 to 2023.
Year % change on previous year Change
1971 16.13 % change on previous year —
1972 8.33 % change on previous year -48.3%
1973 20.51 % change on previous year +146.2%
1974 31.91 % change on previous year +55.6%
1975 17.74 % change on previous year -44.4%
1976 43.84 % change on previous year +147.1%
1977 30.48 % change on previous year -30.5%
1978 74.45 % change on previous year +144.3%
1979 89.54 % change on previous year +20.3%
1980 47.02 % change on previous year -47.5%
1981 62.16 % change on previous year +32.2%
1982 67.31 % change on previous year +8.3%
1983 81.68 % change on previous year +21.3%
1984 142.49 % change on previous year +74.4%
1985 233.22 % change on previous year +63.7%
1986 88.66 % change on previous year -62.0%
1987 90.55 % change on previous year +2.1%
1988 753.57 % change on previous year +732.2%
1991 330.37 % change on previous year -56.2%
1992 68.38 % change on previous year -79.3%
1993 54.45 % change on previous year -20.4%
1994 40.62 % change on previous year -25.4%
1995 15.96 % change on previous year -60.7%
1996 12.57 % change on previous year -21.2%
1997 14.58 % change on previous year +16.0%
1998 1.6 % change on previous year -89.0%
1999 3.13 % change on previous year +95.3%
2000 10.24 % change on previous year +227.2%
2001 3.51 % change on previous year -65.7%
2002 5.01 % change on previous year +42.7%
2003 5.36 % change on previous year +6.9%
2004 18.6 % change on previous year +247.3%
2005 11.21 % change on previous year -39.7%
2006 15.21 % change on previous year +35.6%
2007 10.44 % change on previous year -31.3%
2008 8.85 % change on previous year -15.2%
2009 -3.17 % change on previous year -135.8%
2010 16.49 % change on previous year -620.0%
2011 10.11 % change on previous year -38.7%
2012 7.94 % change on previous year -21.5%
2013 4.62 % change on previous year -41.7%
2014 -1.29 % change on previous year -127.9%
2015 4.73 % change on previous year -466.0%
2016 3.71 % change on previous year -21.6%
2017 3.25 % change on previous year -12.2%
2018 7.96 % change on previous year +144.6%
2019 1.63 % change on previous year -79.6%
2020 -11.91 % change on previous year -832.3%
2021 22.88 % change on previous year -292.1%
2022 11.04 % change on previous year -51.7%
2023 7.98 % change on previous year -27.7%

Peru compared with similar countries

  • Peru's 7.98 % change on previous year is above the median for upper middle income countries, which is 5.07 % change on previous year, 1.6× the median. (54 countries reporting)
  • Peru's 7.98 % change on previous year is above the median for Latin America & Caribbean, which is 5.11 % change on previous year, 1.6× the median. (38 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 -832.3% 1.63 % change on previous year -11.91 % change on previous year
1988 +732.2% 90.55 % change on previous year 753.57 % change on previous year
2010 +620.0% -3.17 % change on previous year 16.49 % change on previous year
2015 +466.0% -1.29 % change on previous year 4.73 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 36.99 % change on previous year 8.33 % change on previous year 89.54 % change on previous year 9
1980s 174.08 % change on previous year 47.02 % change on previous year 753.57 % change on previous year 9
1990s 60.18 % change on previous year 1.6 % change on previous year 330.37 % change on previous year 9
2000s 8.53 % change on previous year -3.17 % change on previous year 18.6 % change on previous year 10
2010s 5.91 % change on previous year -1.29 % change on previous year 16.49 % change on previous year 10
2020s 7.5 % change on previous year -11.91 % change on previous year 22.88 % change on previous year 4

Countries ranked near Peru

  1. 98 Armenia 8.04 % change on previous year compare
  2. 99 India 8.01 % change on previous year compare
  3. 101 Mauritania 7.8 % change on previous year compare
  4. 102 Cyprus 7.5 % change on previous year compare
  5. 103 Somalia 7.48 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Peru

All data for Peru →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Peru?
Value added (total manufacturing) — value standard local currency in Peru was 7.98 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Peru?
The highest recorded value was 753.57 % change on previous year in 1988.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Peru?
The lowest recorded value was -11.91 % change on previous year in 2020.
How does Peru rank for value added (total manufacturing) — value standard local currency?
Peru ranks 100th out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Peru?
Over the last ten years it is up 72.7%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Peru. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/peru/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. 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
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.