Peru Real GDP Growth

1981 - 2023 | Quarterly | % | CEIC Data

Key information about Peru Real GDP Growth

  • The Gross Domestic Product (GDP) in Peru contracted 0.4 % YoY in Mar 2023, following a growth of 1.7 % in the previous quarter.
  • Real GDP Growth YoY data in Peru is updated quarterly, available from Mar 1981 to Mar 2023, with an average rate of 4.3 %.
  • The data reached an all-time high of 42.1 % in Jun 2021 and a record low of -30.0 % in Jun 2020.
CEIC calculates Real GDP Growth from quarterly Real GDP. The Central Reserve Bank of Peru provides Real GDP in local currency, at 2007 prices.


Related information about Peru Real GDP Growth

  • In the latest reports, Nominal GDP of Peru reached 60.3 USD bn in Mar 2023.
  • Its GDP deflator (implicit price deflator) increased 8.0 % in Mar 2023.
  • GDP Per Capita in Peru reached 6,963.3 USD in Jun 2022.
  • Its Gross Savings Rate was measured at 21.2 % in Mar 2023.
  • For Nominal GDP contributions, Investment accounted for 18.2 % in Mar 2023.
  • Public Consumption accounted for 11.1 % in Mar 2023.
  • Private Consumption accounted for 67.8 % in Mar 2023.

View Peru's Real GDP Growth from Mar 1981 to Mar 2023 in the chart:

Peru Real GDP Growth

What was Peru's Real GDP Growth in Mar 2023?

The Gross Domestic Product (GDP) in Peru contracted 0.4 % YoY in Mar 2023, following a growth of 1.7 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-0.4 Mar 2023 1.7 Dec 2022 -30.0 Jun 2020 42.1 Jun 2021 % quarterly Mar 1981 - Mar 2023

Real GDP Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.7 Dec 2022 quarterly Mar 2010 - Dec 2022
Algeria (%) 3.6 Jun 2024 quarterly Mar 2000 - Jun 2024
Argentina (%) 1.2 Mar 2023 quarterly Mar 2005 - Mar 2023
Armenia (%) 12.1 Mar 2023 quarterly Mar 2001 - Mar 2023
Australia (%) 2.7 Dec 2022 quarterly Sep 1960 - Dec 2022
Austria (%) 1.8 Mar 2023 quarterly Mar 1989 - Mar 2023
Azerbaijan (%) 4.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Bahrain (%) 1.3 Jun 2024 quarterly Mar 2009 - Jun 2024
Bangladesh (%) 7.1 2022 yearly 2007 - 2022
Belarus (%) -2.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Belgium (%) 1.9 Sep 2022 quarterly Mar 1996 - Sep 2022
Bolivia (%) 4.3 Jun 2022 quarterly Mar 1991 - Jun 2022
Bosnia and Herzegovina (%) 2.6 Sep 2022 quarterly Mar 2009 - Sep 2022
Botswana (%) 6.3 Sep 2022 quarterly Mar 1995 - Sep 2022
Brazil (%) 3.4 Mar 2023 quarterly Mar 1997 - Mar 2023
Brunei (%) 0.9 Sep 2022 quarterly Mar 2005 - Sep 2022
Bulgaria (%) 2.3 Dec 2022 quarterly Mar 1996 - Dec 2022
Cambodia (%) 5.3 2022 yearly 1994 - 2022
Canada (%) 2.1 Dec 2022 quarterly Mar 1962 - Dec 2022
Chile (%) -0.1 Sep 2022 quarterly Mar 1987 - Sep 2022
China (%) 4.5 Mar 2023 quarterly Mar 1992 - Mar 2023
Colombia (%) 2.9 Dec 2022 quarterly Mar 2001 - Dec 2022
Croatia (%) 4.0 Dec 2022 quarterly Mar 1996 - Dec 2022
Cyprus (%) 3.4 Mar 2023 quarterly Mar 1996 - Mar 2023
Czech Republic (%) 0.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Denmark (%) 1.5 Dec 2022 quarterly Mar 1992 - Dec 2022
Ecuador (%) 3.2 Sep 2022 quarterly Mar 1994 - Sep 2022
Egypt (%) 4.4 Sep 2022 quarterly Sep 2002 - Sep 2022
Estonia (%) -4.4 Dec 2022 quarterly Mar 1996 - Dec 2022
European Union (%) 1.3 Mar 2023 quarterly Mar 1996 - Mar 2023
Finland (%) -0.3 Mar 2023 quarterly Mar 1976 - Mar 2023
France (%) 0.9 Mar 2023 quarterly Mar 1950 - Mar 2023
Georgia (%) 9.7 Dec 2022 quarterly Mar 1998 - Dec 2022
Germany (%) -0.5 Mar 2023 quarterly Mar 1992 - Mar 2023
Ghana (%) 1.7 Sep 2024 quarterly Jun 2006 - Sep 2024
Greece (%) 5.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Hong Kong SAR, China (%) 2.8 Mar 2023 quarterly Mar 1991 - Mar 2023
Hungary (%) 0.8 Dec 2022 quarterly Mar 1996 - Dec 2022
Iceland (%) 6.1 Mar 2023 quarterly Mar 1996 - Mar 2023
India (%) 4.4 Dec 2022 quarterly Jun 2005 - Dec 2022
Indonesia (%) 5.0 Dec 2022 quarterly Mar 1994 - Dec 2022
Iran (%) 5.0 Mar 2022 quarterly Jun 1989 - Mar 2022
Ireland (%) -0.3 Mar 2023 quarterly Mar 1996 - Mar 2023
Israel (%) 2.5 Dec 2022 quarterly Mar 1996 - Dec 2022
Italy (%) 1.4 Dec 2022 quarterly Mar 1982 - Dec 2022
Ivory Coast (%) 6.8 2022 yearly 1966 - 2022
Japan (%) 0.4 Dec 2022 quarterly Mar 1956 - Dec 2022
Jordan (%) 2.8 Mar 2023 quarterly Mar 1993 - Mar 2023
Kazakhstan (%) 3.4 Mar 2023 quarterly Mar 2006 - Mar 2023
Kenya (%) 5.2 Sep 2022 quarterly Mar 2010 - Sep 2022
South Korea (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Kosovo (%) 4.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Kuwait (%) -1.6 Jun 2024 quarterly Jun 2010 - Jun 2024
Kyrgyzstan (%) 7.0 Dec 2022 quarterly Mar 2007 - Dec 2022
Laos (%) 3.5 2021 yearly 2003 - 2021
Latvia (%) 0.4 Mar 2023 quarterly Mar 1996 - Mar 2023
Lebanon (%) 2.0 2021 yearly 2012 - 2021
Lithuania (%) -0.4 Dec 2022 quarterly Jun 1995 - Dec 2022
Luxembourg (%) -2.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Macau SAR, China (%) -23.4 Dec 2022 quarterly Mar 2002 - Dec 2022
North Macedonia (%) 0.6 Dec 2022 quarterly Mar 2001 - Dec 2022
Malawi (%) 4.0 2018 yearly 2003 - 2018
Malaysia (%) 7.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Malta (%) 4.6 Mar 2024 quarterly Mar 2001 - Mar 2024
Mauritius (%) 7.4 Sep 2022 quarterly Mar 2001 - Sep 2022
Mexico (%) 3.7 Dec 2022 quarterly Mar 1981 - Dec 2022
Moldova (%) -10.3 Sep 2022 quarterly Mar 1996 - Sep 2022
Mongolia (%) 7.7 Dec 2022 quarterly Mar 2011 - Dec 2022
Montenegro (%) 2.7 Jun 2024 quarterly Mar 2011 - Jun 2024
Morocco (%) 0.5 Dec 2022 quarterly Mar 2008 - Dec 2022
Mozambique (%) 2.0 Dec 2018 quarterly Jun 2007 - Dec 2018
Myanmar (%) 3.3 2023 yearly 2011 - 2023
Nepal (%) 1.0 Jun 2024 quarterly Dec 2004 - Jun 2024
Netherlands (%) 2.1 Mar 2023 quarterly Mar 1997 - Mar 2023
New Zealand (%) 1.8 Mar 2023 quarterly Jun 1983 - Mar 2023
Nigeria (%) 2.3 Mar 2023 quarterly Mar 2011 - Mar 2023
Norway (%) 1.8 Dec 2022 quarterly Mar 1979 - Dec 2022
Oman (%) 3.1 2021 yearly 1999 - 2021
Pakistan (%) 1.7 2023 yearly 2001 - 2023
Palestinian Territory (%) 4.8 Jun 2024 quarterly Jun 2000 - Jun 2024
Panama (%) 9.5 Sep 2022 quarterly Mar 2008 - Sep 2022
Paraguay (%) 5.2 Mar 2023 quarterly Mar 1995 - Mar 2023
Peru (%) -0.4 Mar 2023 quarterly Mar 1981 - Mar 2023
Philippines (%) 7.1 Dec 2022 quarterly Mar 1999 - Dec 2022
Poland (%) 0.4 Dec 2022 quarterly Mar 1996 - Dec 2022
Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Qatar (%) -0.0 Dec 2023 quarterly Mar 2012 - Dec 2023
Romania (%) 2.9 Mar 2023 quarterly Mar 1996 - Mar 2023
Russia (%) -2.6 Mar 2023 quarterly Mar 1996 - Mar 2023
Saudi Arabia (%) -3.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Serbia (%) 4.5 Sep 2019 quarterly Mar 1997 - Sep 2019
Singapore (%) 0.4 Mar 2023 quarterly Mar 1976 - Mar 2023
Slovakia (%) 1.2 Dec 2022 quarterly Mar 1994 - Dec 2022
Slovenia (%) 1.0 Sep 2024 quarterly Mar 1996 - Sep 2024
South Africa (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Spain (%) 2.7 Dec 2022 quarterly Mar 1996 - Dec 2022
Sri Lanka (%) -12.4 Dec 2022 quarterly Mar 2011 - Dec 2022
Sudan (%) -1.9 2021 yearly 1983 - 2021
Sweden (%) -0.1 Dec 2022 quarterly Mar 1982 - Dec 2022
Switzerland (%) 0.7 Mar 2023 quarterly Mar 1966 - Mar 2023

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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) 3,839.502 Nov 2024 monthly Jan 2003 - Nov 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: Short Term (ST) (PEN mn) 10,527.849 Sep 2024 quarterly Mar 1999 - Sep 2024
Public Debt: Domestic: Long Term (LT) (PEN mn) 167,541.553 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) 1,813.9 Oct 2024 monthly Jan 1985 - Oct 2024
Total Exports (USD mn) 5,620.3 Sep 2023 monthly Jan 2012 - Sep 2023
Total Exports Growth (%) 10.3 Oct 2024 monthly Jan 1986 - Oct 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 (%) 1.3 Oct 2024 monthly Jan 1986 - Oct 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) 1,068.000 Oct 2024 monthly Nov 2003 - Oct 2024
Total Imports from USA (USD mn) 808.000 Oct 2024 monthly Jan 2004 - Oct 2024
Total Exports to China (USD mn) 1,878.000 Oct 2024 monthly Sep 2003 - Oct 2024
Total Imports from China (USD mn) 1,488.000 Oct 2024 monthly Jan 2004 - Oct 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
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
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: Finance (USD mn) 6,623.767 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Industry (USD mn) 3,442.074 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 (%) 3.6 Sep 2024 monthly Dec 2004 - Sep 2024
Household Debt: % of GDP (%) 15.9 Sep 2024 quarterly Mar 2001 - Sep 2024
Money Supply M1 (USD mn) 78,005.280 Oct 2024 monthly Jan 1992 - Oct 2024
Money Supply M2 (USD mn) 133,472.106 Oct 2024 monthly Jan 1992 - Oct 2024
M2 Growth (%) 12.7 Oct 2024 monthly Jan 1993 - Oct 2024
Reserve Requirement Ratio (%) 5.5 Nov 2024 monthly Apr 1997 - Nov 2024
Foreign Exchange Reserves (USD mn) 76,977.0 Nov 2024 monthly Dec 1956 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 26.250 Sep 2024 quarterly Dec 1990 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 16.1 Oct 2024 monthly Jan 1985 - Oct 2024
Gold Reserves (USD mn) 2,942.000 Nov 2024 monthly Dec 1956 - Nov 2024
Total Deposits (USD mn) 98,309.183 Oct 2024 monthly Jan 1998 - Oct 2024
Total Deposits Growth (%) 10.5 Oct 2024 monthly Jan 1999 - Oct 2024
Domestic Credit (USD mn) 60,739.9 Jul 2024 monthly Jan 1992 - Jul 2024
Domestic Credit Growth (%) 17.5 Jul 2024 monthly Jan 1993 - Jul 2024
Household Debt (USD mn) 45,323.9 Oct 2024 monthly Jan 2001 - Oct 2024
Total Loans (USD mn) 92,480.371 Oct 2024 monthly Jan 2001 - Oct 2024
Total Loans Growth (%) -1.32 Oct 2024 monthly Jan 2002 - Oct 2024
Private Debt: % of Nominal GDP (%) 35.36 Jun 2024 quarterly Mar 1992 - Jun 2024
Official Reserve Assets (ORA) (USD mn) 82,734.000 Nov 2024 monthly Jan 2001 - Nov 2024
ORA: Foreign Currency Reserves in Convertible Foreign Currencies (FCR) (USD mn) 76,963.000 Nov 2024 monthly Jan 2001 - Nov 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

More Indicators for Peru

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