Peru GDP Growth Rate 2002-2014 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Peru expanded 0.30 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Peru averaged 1.53 Percent from 2002 until 2014, reaching an all time high of 2.90 Percent in the fourth quarter of 2004 and a record low of -1.30 Percent in the first quarter of 2009. GDP Growth Rate in Peru is reported by the Instituto Nacional de Estadística e Informática (INEI).

   
  Forecast  

Peru GDP Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.30 1.70 2.90 -1.30 2002 - 2014 percent Quarterly
100=1994
Peru is one of the fastest growing economies in Latin America. From 2002 to 2012, the country has been growing at an average rate of 1.5 percent on a quarter over quarter basis due to a rise in exports of commodities. As a result, the national poverty rate fell from 48.5 percent in 2004 to 27.8 percent in 2011, yet inequality remains high. In order to keep the current pace of growth, Peru needs to diversify the economy, improve the infrastructure and provide more funds for the development of non-coastal areas. This page provides - Peru GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Peru GDP Growth Rate - was last refreshed on Wednesday, November 26, 2014.

Calendar GMT Event Actual Previous Consensus Forecast (i)
2013-08-23 07:00 PM
GDP Growth Rate QoQ  Q2 2013
1.1% 1.8% (R) 1.83%
2013-11-23 12:00 AM
GDP Growth Rate QoQ  Q3 2013
0.8% 1.0% (R) 1.64%
2014-02-24 04:00 PM
GDP Growth Rate QoQ  Q4 2013
1.80% 1.50%


Peru GDP Last Previous Highest Lowest Unit
GDP 202.30 192.64 202.30 2.50 USD Billion [+]
GDP Growth Rate 0.30 1.70 2.90 -1.30 percent [+]
GDP Annual Growth Rate 1.76 1.72 21.05 -20.94 percent [+]
GDP Constant Prices 116515.02 110389.81 120808.03 18375.42 PEN Million [+]
Gross National Product 293760.00 274470.00 293760.00 23859.00 PEN Million [+]
GDP per capita 4066.27 3892.26 4066.27 1826.72 USD [+]
Gross Fixed Capital Formation 30500.47 29290.84 36978.04 2817.42 PEN Million [+]
GDP per capita PPP 11400.42 10912.57 11400.42 5121.50 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.50 May/14 1.10 4.50 -2.00 percent [+]
Brazil -0.60 May/14 -0.20 4.50 -4.20 percent [+]
Canada 0.80 May/14 0.20 3.33 -1.80 percent [+]
China 1.90 Aug/14 2.00 2.50 1.40 percent [+]
Euro Area 0.20 Aug/14 0.10 1.30 -2.80 percent [+]
France 0.30 Aug/14 -0.10 1.60 -1.70 percent [+]
Germany 0.10 Aug/14 -0.10 2.10 -3.70 percent [+]
India 1.20 May/14 1.90 5.80 -1.90 percent [+]
Indonesia 2.96 Aug/14 2.49 3.82 -3.57 percent [+]
Italy -0.10 Aug/14 -0.20 6.00 -3.50 percent [+]
Japan -0.40 Aug/14 -1.90 3.20 -4.00 percent [+]
Mexico 0.50 Aug/14 0.90 2.90 -6.60 percent [+]
Netherlands 0.20 Aug/14 0.60 2.00 -2.20 percent [+]
Russia 0.25 May/14 0.07 4.10 -5.40 percent [+]
South Korea 0.90 Aug/14 0.50 6.80 -7.00 percent [+]
Spain 0.50 Aug/14 0.60 1.53 -1.60 percent [+]
Switzerland 0.00 May/14 0.50 1.90 -2.20 percent [+]
Turkey -0.50 May/14 1.80 6.69 -7.57 percent [+]
United Kingdom 0.70 Aug/14 0.90 5.00 -2.70 percent [+]
United States 3.90 Aug/14 4.60 16.90 -10.00 percent [+]