Peru | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 2.00 1.4 1.2 1 1.3 1.3 percent [+]
Unemployment Rate 6.20 6.7 6.7 6.5 6.5 8 percent [+]
Inflation Rate 3.35 3.4 3.5 3.5 3.6 4.1 percent [+]
Interest Rate 4.25 4.25 4.5 4.5 4.5 5 percent [+]
Balance of Trade 274.70 -40 -50 -50 68.72 400 USD Million [+]
Government Debt to GDP 23.00 23.6 23.74 23.87 24 24.17 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 3.40 3.43 3.47 3.5 3.54 4.08 [+]
Stock Market 15591.84 15200 15100 14900 14700 12300 points [+]
Government Bond 10Y 6.31 6.51 6.58 6.64 6.71 7.74 percent [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 2.00 1.4 1.2 1 1.3 1.3 percent [+]
GDP Annual Growth Rate 4.40 3.8 4 4.1 4.3 3 percent [+]
GDP 192.08 188 192 192 192 211 USD Billion [+]
GDP Constant Prices 126860.99 131260 124230 131019 128304 153369 PEN Million [+]
Gross National Product 293760.41 296734 298146 299558 300971 369098 PEN Million [+]
Gross Fixed Capital Formation 28106.11 32524 24537 25461 25650 20588 PEN Million [+]
GDP per capita 5974.48 6124 6220 6220 6220 6700 USD [+]
GDP per capita PPP 11672.14 11800 12300 12300 12300 15000 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 6.20 6.7 6.7 6.5 6.5 8 percent [+]
Employed Persons 4783.70 4740 4757 4754 4753 4753 Thousand [+]
Unemployed Persons 316.10 327 330 329 329 329 Thousand [+]
Wages 1877.35 1753 1787 1814 1837 2077 PEN/Month [+]
Minimum Wages 850.00 850 850 850 850 850 PEN/Month [+]
Population 31.15 31.48 31.57 31.65 31.74 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 65.10 63.59 63.89 63.96 63.97 63.97 percent [+]
Wages High Skilled 3870.00 3778 3781 3780 3780 3780 PEN/Month [+]
Wages Low Skilled 1350.00 1350 1350 1350 1350 1350 PEN/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 3.35 3.4 3.5 3.5 3.6 4.1 percent [+]
Consumer Price Index CPI 125.30 126 126 127 128 136 Index Points [+]
Core Consumer Prices 126.45 127 128 129 130 143 Index Points [+]
Core Inflation Rate 3.02 1.51 -1.78 -4.01 -7.08 -38.56 percent [+]
Producer Prices 105.30 106 106 107 107 112 Index Points [+]
Export Prices 102.59 103 103 103 103 103 Index Points [+]
Import Prices 110.90 110 110 110 110 110 Index Points [+]
Inflation Rate Mom 0.29 0.38 0.43 0.35 0.27 0.5 percent [+]
Food Inflation 3.70 3.61 3.58 3.58 3.58 3.58 percent [+]
Cpi Transportation 109.98 110 110 110 110 110 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 4.25 4.25 4.5 4.5 4.5 5 percent [+]
Interbank Rate 5.26 5.15 4.96 4.87 4.82 4.76 percent [+]
Money Supply M0 41083.00 41617 42435 43302 44212 58895 PEN Million [+]
Money Supply M1 71960.00 72656 73971 75362 76816 99920 PEN Million [+]
Money Supply M2 160327.00 163230 165676 165751 166855 148661 PEN Million [+]
Foreign Exchange Reserves 62049.00 62237 62440 62511 62538 62557 USD Million [+]
Loans to Private Sector 159797.22 159131 159246 159218 159220 159220 PEN Million [+]
Deposit Interest Rate 2.29 2.3 2.31 2.31 2.32 2.31 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade 274.70 -40 -50 -50 68.72 400 USD Million [+]
Exports 3456.50 2650 2500 2500 3340 3400 USD Million [+]
Imports 3181.70 2690 2550 2550 3318 3000 USD Million [+]
Current Account -1140.35 -1886 -1941 -1842 -1916 -1895 USD Million [+]
Current Account to GDP -4.39 -3.02 -3.16 -3.3 -3.44 -3.89 percent [+]
External Debt 69746.00 69172 69727 69158 69671 69237 USD Million [+]
Terms of Trade 92.50 92.74 92.93 93.01 93.04 93.07 Index Points [+]
Remittances 739.95 742 704 742 755 775 USD Million [+]
Tourist Arrivals 4220080.00 4425064 4501851 4578639 4655426 5404242 [+]
Gold Reserves 34.68 34.68 34.68 34.68 34.68 34.68 Tonnes [+]
Foreign Direct Investment 1027.00 1565 1670 1719 1747 1820 USD Million [+]
Crude Oil Production 39.00 43.26 43.25 43.25 43.25 43.25 BBL/D/1K [+]
Terrorism Index 2.98 3.01 3.01 3.01 3.02 3.11 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 23.00 23.6 23.74 23.87 24 24.17 percent [+]
Government Budget -2.10 -2.06 -2.17 -2.17 -1.37 -1.76 percent of GDP [+]
Government Budget Value -1318.55 -1112 -1718 -1334 -1424 -1395 PEN Million [+]
Government Spending 15183.37 17687 16034 16030 16280 19101 PEN Million [+]
Government Revenues 7610.50 7797 7878 7945 7939 7930 PEN Million [+]
Fiscal Expenditure 7020.10 7680 7459 7557 7514 7526 PEN Million [+]
Military Expenditure 3303.20 3154 3297 3440 3432 3413 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Business Confidence 61.00 59.56 57.27 55.98 55.56 55.97 [+]
Industrial Production 1.00 -2.75 -2.25 -2.89 -0.48 -2.29 percent [+]
Capacity Utilization 32.08 33.78 33.58 33.63 33.6 33.62 percent [+]
Changes in Inventories -214.55 -1280 1353 2423 -90.37 -34.92 PEN Million [+]
Leading Economic Index 4.13 3.4 3.8 4.1 4.2 3.1 percent [+]
Ease of Doing Business 54.00 51.33 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 199537.04 201275 201384 201170 201145 201177 Tonnes [+]
Corruption Index 36.00 36.41 35.86 35.3 35.16 33.13 Points [+]
Corruption Rank 88.00 87.1 87.5 87.9 88.29 90.01 [+]
Steel Production 110.00 101 96.59 95.42 95.02 94.82 Thousand Tonnes [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Confidence 100.00 102 99.91 100 100 100 [+]
Consumer Spending 80792.00 80252 79870 81591 82611 82895 PEN Million [+]
Consumer Credit 56382.69 57115 58241 59339 60413 72446 PEN Million [+]
Private Sector Credit 299951.20 302133 306454 310332 314161 356948 PEN Million [+]
Bank Lending Rate 0.57 0.56 0.57 0.57 0.57 0.61 percent [+]
Gasoline Prices 0.75 0.74 0.75 0.75 0.75 0.75 USD/Liter [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/8/2016