Peru | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.60 1.2 1 1.3 1.5 1.3 percent [+]
Unemployment Rate 7.20 5.7 5.5 5.5 5.6 8 percent [+]
Inflation Rate 3.10 3.5 3.5 3.6 3.4 4.1 percent [+]
Interest Rate 4.25 4.5 4.5 4.5 4.5 5 percent [+]
Balance of Trade 1023.00 -50 -50 568 10 400 USD Million [+]
Government Debt to GDP 23.00 22.26 22.7 23.15 23.6 24.17 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 3.25 3.43 3.46 3.49 3.53 4.03 [+]
Stock Market 16254.53 15200 15000 14900 14700 12400 points [+]
Government Bond 10Y 6.15 6.5 6.56 6.62 6.39 7.64 percent [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.60 1.2 1 1.3 1.5 1.3 percent [+]
GDP Annual Growth Rate 3.00 4.2 4.1 4.3 4 3 percent [+]
GDP 189.11 192 192 192 192 211 USD Billion [+]
GDP Constant Prices 126860.99 124230 131019 128304 136693 153369 PEN Million [+]
Gross National Product 293760.41 285624 289387 293149 296912 376091 PEN Million [+]
Gross Fixed Capital Formation 28106.11 24537 25461 25650 28262 20588 PEN Million [+]
GDP per capita 5934.55 6220 6220 6220 6220 6700 USD [+]
GDP per capita PPP 11767.52 12300 12300 12300 12300 15000 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 7.20 5.7 5.5 5.5 5.6 8 percent [+]
Employed Persons 4862.84 4785 4783 4781 4781 4781 Thousand [+]
Unemployed Persons 324.60 338 330 333 333 332 Thousand [+]
Wages 1642.42 1806 1837 1863 1886 2121 PEN/Month [+]
Minimum Wages 850.00 855 863 870 878 967 PEN/Month [+]
Population 31.49 31.23 31.32 31.4 31.48 32.83 Million [+]
Living Wage Family 1600.00 1600 1600 1600 1600 1600 PEN/Month [+]
Living Wage Individual 818.00 744 744 744 744 744 PEN/Month [+]
Employment Rate 64.50 64.04 64.07 64.06 64.05 64.04 percent [+]
Wages High Skilled 3870.00 3781 3780 3780 3780 3780 PEN/Month [+]
Wages Low Skilled 1350.00 1350 1350 1350 1350 1350 PEN/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 3.10 3.5 3.5 3.6 3.4 4.1 percent [+]
Consumer Price Index CPI 126.02 127 128 128 129 137 Index Points [+]
Core Consumer Prices 127.16 128 129 129 130 140 Index Points [+]
Core Inflation Rate 2.98 -1.87 -6.07 -10.33 -14.9 -62.18 percent [+]
Producer Prices 106.13 106 107 107 108 111 Index Points [+]
Export Prices 109.65 112 113 113 113 113 Index Points [+]
Import Prices 112.53 113 113 113 113 113 Index Points [+]
Inflation Rate Mom 0.24 0.43 0.35 0.27 0.5 0.5 percent [+]
Food Inflation 3.12 2.91 2.81 2.78 2.77 2.77 percent [+]
Cpi Transportation 111.53 112 111 111 111 111 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 4.25 4.5 4.5 4.5 4.5 5 percent [+]
Interbank Rate 5.28 5.05 4.95 4.87 4.82 4.76 percent [+]
Money Supply M0 43962.00 41044 41023 41069 41071 41063 PEN Million [+]
Money Supply M1 75957.00 73364 74206 75014 75814 84586 PEN Million [+]
Money Supply M2 165129.00 163866 164283 164347 164358 164367 PEN Million [+]
Foreign Exchange Reserves 62698.00 63140 63606 63879 64097 65839 USD Million [+]
Loans to Private Sector 169988.02 159883 159863 159875 159872 159872 PEN Million [+]
Deposit Interest Rate 2.29 2.33 2.32 2.31 2.3 2.31 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade 1023.00 -50 -50 568 10 400 USD Million [+]
Exports 4031.00 2500 2500 3759 2790 3400 USD Million [+]
Imports 3008.00 2550 2550 2965 2780 3000 USD Million [+]
Current Account -1140.35 -1886 -1941 -1842 -1916 -1895 USD Million [+]
Current Account to GDP -4.39 -4.1 -3.74 -3.38 -3.02 -3.89 percent [+]
External Debt 69746.00 69727 69158 69671 69161 69237 USD Million [+]
Terms of Trade 97.44 98.15 98.85 99.1 99.21 99.3 Index Points [+]
Remittances 739.95 704 742 755 757 775 USD Million [+]
Tourist Arrivals 4575753.00 4566585 4663304 4760022 4856740 5672348 [+]
Gold Reserves 34.68 34.68 34.68 34.68 34.68 34.68 Tonnes [+]
Foreign Direct Investment 1964.00 1932 1968 2026 2032 2089 USD Million [+]
Crude Oil Production 39.00 43.25 43.25 43.25 43.25 43.25 BBL/D/1K [+]
Terrorism Index 2.98 3.25 3.17 3.09 3.01 3.11 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 23.00 22.26 22.7 23.15 23.6 24.17 percent [+]
Government Budget -2.70 -2.17 -2.17 -1.19 -2.6 -1.76 percent of GDP [+]
Government Budget Value 1187.63 -1071 -1480 -1496 -1759 -1728 PEN Million [+]
Government Spending 15183.37 16034 16030 16280 17670 19101 PEN Million [+]
Government Revenues 10357.40 8904 9251 9319 9279 9276 PEN Million [+]
Fiscal Expenditure 6062.70 7180 7930 7835 7889 7875 PEN Million [+]
Military Expenditure 3303.20 3154 3297 3440 3432 3413 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Business Confidence 57.00 55.59 54.98 55 55.22 55.47 [+]
Industrial Production 1.00 -2.25 -2.89 -0.48 -2.5 -2.29 percent [+]
Capacity Utilization 32.08 33.58 33.63 33.6 33.62 33.62 percent [+]
Changes in Inventories -214.55 1353 2423 -90.37 -843 -34.92 PEN Million [+]
Leading Economic Index 3.25 3.8 4.1 4.2 4.4 3.1 percent [+]
Ease of Doing Business 54.00 51.52 51.7 51.89 52.08 48.81 [+]
Competitiveness Index 4.23 4.21 4.21 4.21 4.21 4.31 Points [+]
Competitiveness Rank 67.00 67.57 67.57 67.57 71.53 73.14 [+]
Copper Production 198998.00 201384 201170 201145 201177 201177 Tonnes [+]
Corruption Index 35.00 35 35 35 35 36 Points [+]
Corruption Rank 101.00 88.04 87.72 87.41 87.1 90.01 [+]
Steel Production 105.00 96.98 95.72 95.28 95.14 95.06 Thousand Tonnes [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Confidence 96.00 96.2 96.34 95.81 86.98 95.89 [+]
Consumer Spending 80792.00 79870 81591 82611 82044 82895 PEN Million [+]
Consumer Credit 57947.86 58657 59907 61134 62339 75158 PEN Million [+]
Private Sector Credit 304197.90 309852 314557 319165 323678 371133 PEN Million [+]
Bank Lending Rate 0.55 0.58 0.57 0.57 0.58 0.62 percent [+]
Gasoline Prices 0.85 0.86 0.88 0.89 0.89 0.89 USD/Liter [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 28.00 28 28 28 28 28 percent [+]
Personal Income Tax Rate 30.00 30 30 30 30 30 percent [+]
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]





Economic Forecasts for Peru including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Peru economy. 2/20/2017