Peru Private Consumption: % of GDP

1980 - 2024 | Quarterly | % | CEIC Data

Key information about Peru Private Consumption: % of GDP

  • Peru Private Consumption accounted for 62.1 % of its Nominal GDP in Sep 2024, compared with a ratio of 65.6 % in the previous quarter.
  • Peru Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1980 to Sep 2024, with an average share of 66.8 %.
  • The data reached an all-time high of 81.4 % in Sep 1993 and a record low of 53.7 % in Sep 1982.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Central Reserve Bank of Peru provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008 with benchmark year 2007. Private Consumption as % of Nominal GDP prior to Q1 1990 is based on SNA 1993 with benchmark year 1994.


Related information about Peru Private Consumption: % of GDP

  • In the latest reports, Peru GDP contracted 0.4 % YoY in Mar 2023.
  • Its Nominal GDP reached 60.3 USD bn in Mar 2023.
  • Peru GDP Per Capita reached 6,963.3 USD in Jun 2022.
  • Its Gross Savings Rate was measured at 25.0 % in Sep 2024.

View Peru's Private Consumption: % of GDP from Mar 1980 to Sep 2024 in the chart:

Peru Private Consumption: % of GDP

What was Peru's Private Consumption: % of GDP in Sep 2024?

Peru Private Consumption accounted for 62.1 % of its Nominal GDP in Sep 2024, compared with a ratio of 65.6 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
62.1 Sep 2024 65.6 Jun 2024 53.7 Sep 1982 81.4 Sep 1993 % quarterly Mar 1980 - Sep 2024

Private Consumption: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 73.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 41.2 2023 yearly 1950 - 2023
Argentina (%) 66.8 Sep 2024 quarterly Mar 1993 - Sep 2024
Armenia (%) 68.1 Sep 2024 quarterly Dec 1994 - Sep 2024
Australia (%) 51.8 Sep 2024 quarterly Sep 1959 - Sep 2024
Austria (%) 54.2 Sep 2024 quarterly Mar 1988 - Sep 2024
Azerbaijan (%) 44.0 Sep 2022 quarterly Mar 2001 - Sep 2022
Bahrain (%) 38.9 2023 yearly 1975 - 2023
Bangladesh (%) 66.8 2024 yearly 1973 - 2024
Belarus (%) 55.4 Sep 2024 quarterly Mar 1994 - Sep 2024
Belgium (%) 53.9 Sep 2024 quarterly Mar 1980 - Sep 2024
Bolivia (%) 62.8 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) 58.7 Sep 2024 quarterly Mar 2008 - Sep 2024
Botswana (%) 46.3 Sep 2024 quarterly Mar 2006 - Sep 2024
Brazil (%) 64.1 Sep 2024 quarterly Mar 1996 - Sep 2024
Brunei (%) 29.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Bulgaria (%) 62.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 60.0 2022 yearly 1993 - 2022
Canada (%) 54.1 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 65.2 Sep 2022 quarterly Mar 1996 - Sep 2022
China (%) 39.6 2023 yearly 1952 - 2023
Colombia (%) 74.5 Sep 2024 quarterly Mar 2005 - Sep 2024
Croatia (%) 49.5 Sep 2024 quarterly Mar 1995 - Sep 2024
Cyprus (%) 57.5 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 45.9 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 43.5 Sep 2024 quarterly Mar 1990 - Sep 2024
Ecuador (%) 63.1 Mar 2023 quarterly Mar 1991 - Mar 2023
Egypt (%) 97.7 Sep 2024 quarterly Sep 2001 - Sep 2024
Estonia (%) 52.3 Sep 2024 quarterly Mar 1993 - Sep 2024
European Union (%) 53.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Finland (%) 51.2 Sep 2024 quarterly Mar 1975 - Sep 2024
France (%) 54.5 Dec 2024 quarterly Mar 1980 - Dec 2024
Georgia (%) 65.1 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 53.2 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 84.2 2023 yearly 2006 - 2023
Greece (%) 66.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Hong Kong SAR, China (%) 64.9 Sep 2024 quarterly Mar 1973 - Sep 2024
Hungary (%) 50.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Iceland (%) 51.0 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 62.0 Sep 2024 quarterly Jun 1996 - Sep 2024
Indonesia (%) 55.1 Dec 2024 quarterly Mar 1993 - Dec 2024
Iran (%) 45.2 Mar 2022 quarterly Jun 1988 - Mar 2022
Ireland (%) 29.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Israel (%) 50.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Italy (%) 58.6 Dec 2022 quarterly Mar 1980 - Dec 2022
Ivory Coast (%) 65.8 2023 yearly 1960 - 2023
Japan (%) 55.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Jordan (%) 78.7 2023 yearly 1962 - 2023
Kazakhstan (%) 46.5 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 76.2 2023 yearly 1969 - 2023
South Korea (%) 48.5 Sep 2024 quarterly Mar 1960 - Sep 2024
Kosovo (%) 72.5 Sep 2022 quarterly Mar 2010 - Sep 2022
Kuwait (%) 32.6 2022 yearly 1962 - 2022
Kyrgyzstan (%) 84.8 Sep 2023 quarterly Mar 2000 - Sep 2023
Laos (%) 64.4 2016 yearly 2000 - 2016
Latvia (%) 62.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Lebanon (%) 118.8 2021 yearly 1990 - 2021
Lithuania (%) 60.7 Dec 2022 quarterly Mar 1993 - Dec 2022
Luxembourg (%) 31.2 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (%) 28.9 Sep 2024 quarterly Mar 1998 - Sep 2024
North Macedonia (%) 67.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Malawi (%) 79.2 2019 yearly 1960 - 2019
Malaysia (%) 62.7 Sep 2024 quarterly Mar 1991 - Sep 2024
Malta (%) 47.6 Sep 2024 quarterly Mar 1992 - Sep 2024
Mauritius (%) 66.7 Sep 2024 quarterly Mar 1999 - Sep 2024
Mexico (%) 70.9 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) 87.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Mongolia (%) 53.3 Sep 2024 quarterly Mar 2010 - Sep 2024
Montenegro (%) 77.1 Jun 2024 quarterly Mar 2010 - Jun 2024
Morocco (%) 62.2 Sep 2024 quarterly Mar 2007 - Sep 2024
Mozambique (%) 78.0 2023 yearly 1969 - 2022
Nepal (%) 86.1 2024 yearly 1975 - 2024
Netherlands (%) 44.3 Sep 2024 quarterly Mar 1977 - Sep 2024
New Zealand (%) 59.9 Sep 2024 quarterly Jun 1987 - Sep 2024
Nigeria (%) 61.2 2023 yearly 1981 - 2023
Norway (%) 39.7 Sep 2024 quarterly Mar 1978 - Sep 2024
Oman (%) 37.8 2023 yearly 1980 - 2023
Pakistan (%) 85.2 2024 yearly 1967 - 2024
Palestinian Territory (%) 97.4 Sep 2024 quarterly Mar 2011 - Sep 2024
Panama (%) 48.7 2022 yearly 1996 - 2022
Paraguay (%) 68.6 Sep 2024 quarterly Mar 1994 - Sep 2024
Peru (%) 62.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Philippines (%) 75.6 Dec 2024 quarterly Mar 1981 - Dec 2024
Poland (%) 59.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Portugal (%) 57.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Qatar (%) 20.6 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 58.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Russia (%) 50.8 Sep 2024 quarterly Mar 1993 - Sep 2024
Saudi Arabia (%) 42.8 Sep 2024 quarterly Mar 2003 - Sep 2024
Serbia (%) 66.2 Dec 2022 quarterly Mar 1995 - Dec 2022
Singapore (%) 31.3 2023 yearly 1960 - 2023
Slovakia (%) 61.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Slovenia (%) 52.0 Sep 2024 quarterly Mar 1995 - Sep 2024
South Africa (%) 64.7 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 54.5 Dec 2024 quarterly Mar 1980 - Dec 2024
Sri Lanka (%) 73.3 Sep 2024 quarterly Mar 2010 - Sep 2024
Sudan (%) 77.8 2016 yearly 1976 - 2016
Sweden (%) 46.5 Sep 2024 quarterly Mar 1980 - Sep 2024
Switzerland (%) 50.9 Sep 2024 quarterly Mar 1980 - Sep 2024
Syria (%) 114.8 2022 yearly 1970 - 2022

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Peru Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.2 Sep 2024 quarterly Dec 1990 - Sep 2024
Consolidated Fiscal Balance (USD mn) -4,505.626 Sep 2024 quarterly Mar 1990 - Sep 2024
Tax Revenue (USD mn) 4,059.545 Dec 2024 monthly Jan 2003 - Dec 2024
Tax Revenue: % of GDP (%) 13.5 Sep 2024 quarterly Mar 1990 - Sep 2024
National Government Debt (USD mn) 93,104.6 Sep 2024 quarterly Mar 1999 - Sep 2024
Government Debt: % of GDP (%) 32.6 Sep 2024 quarterly Mar 1999 - Sep 2024
Forecast: Government Expenditure (PEN bn) 270.344 2029 yearly 2000 - 2029
Forecast: Government Net Debt (PEN bn) 455.147 2029 yearly 2000 - 2029
Forecast: Government Revenue (PEN bn) 265.202 2029 yearly 2000 - 2029
Public Debt: Domestic: Long Term (LT) (PEN mn) 167,541.553 Sep 2024 quarterly Mar 1999 - Sep 2024
Public Debt: Domestic: Short Term (ST) (PEN mn) 10,527.849 Sep 2024 quarterly Mar 1999 - Sep 2024
Public Debt: Domestic (PEN mn) 178,069.402 Sep 2024 quarterly Mar 1999 - Sep 2024
Public Debt (PEN mn) 345,278.474 Sep 2024 quarterly Mar 1999 - Sep 2024
Public Debt: External (PEN mn) 167,209.072 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.721 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,424.4 Nov 2024 monthly Jan 1985 - Nov 2024
Total Exports (USD mn) 5,620.3 Sep 2023 monthly Jan 2012 - Sep 2023
Total Exports Growth (%) 18.7 Nov 2024 monthly Jan 1986 - Nov 2024
Aluminum: Exports (USD th) 11,673.234 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 73,187.318 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 13,157.506 2023 yearly 1995 - 2023
Total Imports (USD mn) 4,420.2 Sep 2023 monthly Jan 2012 - Sep 2023
Total Imports Growth (%) 15.0 Nov 2024 monthly Jan 1986 - Nov 2024
Imports: Medicament (USD th) 696,688.110 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 855,689.700 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 1,188.000 Dec 2024 monthly Nov 2003 - Dec 2024
Total Imports from USA (USD mn) 844.000 Dec 2024 monthly Jan 2004 - Dec 2024
Total Exports to China (USD mn) 2,078.000 Dec 2024 monthly Sep 2003 - Dec 2024
Total Imports from China (USD mn) 1,471.000 Dec 2024 monthly Jan 2004 - Dec 2024
Exports: 2007p (USD th) 3,837,345.34 Apr 2018 monthly Jan 2008 - Apr 2018
Imports: 2007p (USD th) 3,175,235.60 Apr 2018 monthly Jan 2008 - Apr 2018
Exports: MINCETUR: South Korea (USD mn) 271.00 May 2018 monthly Sep 2003 - May 2018
Exports: America: NAFTA: USA (USD mn) 1,188.000 Dec 2024 monthly Sep 2003 - Dec 2024
Exports: Asia: China (USD mn) 2,078.000 Dec 2024 monthly Sep 2003 - Dec 2024
Exports: Asia: Japan (USD mn) 363.000 Dec 2024 monthly Sep 2003 - Dec 2024
Imports: MINCETUR: NAFTA: Canada (USD mn) 51.00 May 2018 monthly Sep 2003 - May 2018
Imports: MINCETUR: NAFTA: Mexico (USD mn) 165.00 May 2018 monthly Sep 2003 - May 2018
Imports: MINCETUR: India (USD mn) 89.00 May 2018 monthly Sep 2003 - May 2018
Imports: America: NAFTA: USA (USD mn) 844.000 Dec 2024 monthly Sep 2003 - Dec 2024
Imports: Asia: China (USD mn) 1,471.000 Dec 2024 monthly Sep 2003 - Dec 2024
Export Value Index (2015=100) 177.207 2021 yearly 1980 - 2021
Import Value Index (2015=100) 134.138 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 244.9 Sep 2024 quarterly Mar 1980 - Sep 2024
Current Account Balance (USD mn) 1,870.1 Sep 2024 quarterly Mar 1977 - Sep 2024
Current Account Balance: % of GDP (%) 2.5 Sep 2024 quarterly Mar 1990 - Sep 2024
Foreign Direct Investment (USD mn) 1,666.9 Sep 2024 quarterly Mar 1977 - Sep 2024
Foreign Direct Investment: % of GDP (%) 2.3 Sep 2024 quarterly Mar 1990 - Sep 2024
Foreign Portfolio Investment (USD mn) 4,778.998 Sep 2024 quarterly Mar 1993 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 6.5 Sep 2024 quarterly Mar 1993 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 11.5 Sep 2024 quarterly Mar 1993 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 4,767.541 Sep 2024 quarterly Mar 1993 - Sep 2024
External Debt (USD mn) 102,172.1 Dec 2022 quarterly Mar 2012 - Dec 2022
External Debt: % of GDP (%) 39.3 2023 yearly 1980 - 2023
External Debt: Short Term (USD mn) 9,214.5 Dec 2022 quarterly Mar 2012 - Dec 2022
External Debt: Short Term: % of GDP (%) 4.3 2023 yearly 1980 - 2023
Forecast: Current Account Balance (USD bn) -5.128 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -100,497.765 Sep 2024 quarterly Mar 1980 - Sep 2024
BoP: Financial Account: Private Sector: Liabilities: Direct Investment (USD mn) 613.137 Dec 2018 quarterly Mar 1980 - Dec 2018
Public External Debt: USD: Net (USD mn) 1,230.253 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Direct Investment: Stock: Netherlands (USD mn) 1,272.753 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Spain (USD mn) 5,227.562 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Chile (USD mn) 3,623.355 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: United Kingdom (USD mn) 6,339.580 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: USA (USD mn) 3,236.581 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Energy (USD mn) 3,501.445 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Industry (USD mn) 3,442.074 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Finance (USD mn) 6,623.767 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Communications (USD mn) 5,521.385 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Mining (USD mn) 6,916.809 2023 yearly 1980 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.3 Dec 2024 monthly Dec 2004 - Dec 2024
Household Debt: % of GDP (%) 15.9 Sep 2024 quarterly Mar 2001 - Sep 2024
Money Supply M1 (USD mn) 79,131.061 Dec 2024 monthly Jan 1992 - Dec 2024
Money Supply M2 (USD mn) 134,846.614 Dec 2024 monthly Jan 1992 - Dec 2024
M2 Growth (%) 11.6 Dec 2024 monthly Jan 1993 - Dec 2024
Reserve Requirement Ratio (%) 5.5 Jan 2025 monthly Apr 1997 - Jan 2025
Foreign Exchange Reserves (USD mn) 72,795.0 Dec 2024 monthly Dec 1956 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 26.250 Sep 2024 quarterly Dec 1990 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 16.7 Nov 2024 monthly Jan 1985 - Nov 2024
Gold Reserves (USD mn) 2,923.000 Dec 2024 monthly Dec 1956 - Dec 2024
Total Deposits (USD mn) 98,947.940 Dec 2024 monthly Jan 1998 - Dec 2024
Total Deposits Growth (%) 11.1 Dec 2024 monthly Jan 1999 - Dec 2024
Domestic Credit (USD mn) 57,929.6 Dec 2024 monthly Jan 1992 - Dec 2024
Domestic Credit Growth (%) 2.8 Dec 2024 monthly Jan 1993 - Dec 2024
Household Debt (USD mn) 45,716.7 Dec 2024 monthly Jan 2001 - Dec 2024
Total Loans (USD mn) 93,382.415 Dec 2024 monthly Jan 2001 - Dec 2024
Total Loans Growth (%) 0.18 Dec 2024 monthly Jan 2002 - Dec 2024
Private Debt: % of Nominal GDP (%) 34.07 Sep 2024 quarterly Mar 1992 - Sep 2024
Official Reserve Assets (ORA) (USD mn) 78,506.000 Dec 2024 monthly Jan 2001 - Dec 2024
ORA: Foreign Currency Reserves in Convertible Foreign Currencies (FCR) (USD mn) 72,680.000 Dec 2024 monthly Jan 2001 - Dec 2024
Depository Corporations: Broad Money (PEN mn) 288,389.11 Jun 2018 monthly Jan 1992 - Jun 2018
Banking System: Net Domestic Credit (PEN mn) 116,956.557 Jun 2018 monthly Jan 1992 - Jun 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 26.0 Nov 2024 monthly Apr 2003 - Nov 2024
BCRP Forecast: Consumer Price Index: YoY (%) 2.500 2020 yearly 2016 - 2020

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