Volume of remittances (in United States dollars) as a proportion of in Peru
Peru: Volume of remittances (in United States dollars) as a proportion of was 1.7% in 2024. ▼ Falling
Latest (2024)
1.7%
Change on year
up 2.4%
World rank
117th
of 203 countries
All-time high
2.1%
in 2007
All-time low
1.3%
in 2002
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Peru, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Peru recorded 1.7% for volume of remittances (in united states dollars) as a proportion of in 2024.
Compared with earlier readings it is up 2.4% on the previous year and up 27.4% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Peru peaked at 2.1% in 2007 and was at its lowest, 1.3%, in 2002.
Peru ranks 117th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Peru, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.4% | — |
| 2001 | 1.4% | +4.4% |
| 2002 | 1.3% | -11.0% |
| 2003 | 1.5% | +14.8% |
| 2004 | 1.7% | +14.7% |
| 2005 | 1.9% | +11.6% |
| 2006 | 2.1% | +9.5% |
| 2007 | 2.1% | +0.6% |
| 2008 | 2.0% | -2.8% |
| 2009 | 2.0% | -1.7% |
| 2010 | 1.7% | -13.8% |
| 2011 | 1.6% | -8.6% |
| 2012 | 1.5% | -6.1% |
| 2013 | 1.4% | -7.3% |
| 2014 | 1.3% | -2.0% |
| 2015 | 1.5% | +8.8% |
| 2016 | 1.5% | +5.3% |
| 2017 | 1.5% | -3.8% |
| 2018 | 1.5% | -1.5% |
| 2019 | 1.5% | +0.8% |
| 2020 | 1.4% | -1.5% |
| 2021 | 1.6% | +10.5% |
| 2022 | 1.5% | -5.4% |
| 2023 | 1.7% | +10.5% |
| 2024 | 1.7% | +2.4% |
Peru compared with similar countries
- Peru's 1.7% is below the median for upper middle income countries, which is 3.6%, 47% of the median. (53 countries reporting)
- Peru's 1.7% is below the median for Latin America & Caribbean, which is 2.8%, 60% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.7% | 1.3% | 2.1% | 10 |
| 2010s | 1.5% | 1.3% | 1.7% | 10 |
| 2020s | 1.6% | 1.4% | 1.7% | 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 volume of remittances (in united states dollars) as a proportion of in Peru?
- Volume of remittances (in united states dollars) as a proportion of in Peru was 1.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Peru?
- The highest recorded value was 2.1% in 2007.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Peru?
- The lowest recorded value was 1.3% in 2002.
- How does Peru rank for volume of remittances (in united states dollars) as a proportion of?
- Peru ranks 117th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Peru?
- Over the last ten years it is up 27.4%. The long-run trend across the full record is falling.
- Where does this Peru data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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