Peru GDP Annual Growth Rate  1980-2017 | Data | Chart | Calendar

Peru's economy advanced 3 percent year-on-year in the last quarter of 2016, easing from a upwardly revised 4.5 percent expansion in third quarter of 2016. It is the lowest growth rate since the fourth quarter of 2014, driven by a slowdown in household expenditure (3.1 percent vs 4.1 percent in Q3); the decline in government spending (-3.1 percent vs 2.3 percent in Q3) and further contraction in gross fixed investment (-6.1 percent vs -4.3 percent in Q3). Exports eased (12.3 percent vs 18.1 percent in Q3) and imports increased at faster 2.3 percent (from 1.8 percent in Q3). Considering full 2016, the Peruvian economy expanded 3.9 percent compared to 2.3 percent in 2015, the highest growth rate in 3 years. GDP Annual Growth Rate in Peru averaged 3.46 percent from 1980 until 2016, reaching an all time high of 21.05 percent in the fourth quarter of 1986 and a record low of -20.94 percent in the first quarter of 1989.

Peru GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-22 03:30 PM Q2 3.7% 4.4% 3.8%
2016-11-21 06:30 PM Q3 4.4% 3.7% 3.5%
2017-02-17 05:20 PM Q4 3.0% 4.5% 3.7%
2017-05-23 04:20 PM Q1 3.0% 4.2%
2017-08-22 03:30 PM Q2 3.20%
2017-11-21 06:30 PM Q3 3%




Peru GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 1.60 3.20 -1.20 percent [+]
GDP Annual Growth Rate 3.00 4.50 21.05 -20.94 percent [+]
GDP 189.11 201.02 201.15 2.57 USD Billion [+]
GDP Constant Prices 131813.84 126860.99 131813.84 33934.51 PEN Million [+]
Gross National Product 293760.41 274470.15 293760.41 23859.00 PEN Million [+]
Gross Fixed Capital Formation 32061.53 28106.11 36685.90 4495.97 PEN Million [+]
GDP per capita 5934.55 5822.56 5934.55 2614.86 USD [+]
GDP per capita PPP 11767.52 11545.46 11767.52 5184.97 USD [+]



Peru GDP Annual Growth Rate Notes

Peru is one of the fastest growing economies in Latin America. The services sector is the most important and accounts for 60 percent of GDP. The biggest segments within services are: wholesale and retail trade (17 percent of total GDP); other services (11 percent); transport and communications (10 percent); services provided to companies (8 percent) and government services (6 percent). Manufacturing creates 16 percent of the wealth and construction and water, gas and electricity distribution 10 percent. The agriculture and fishing sector fuels 9 percent of the GDP and the mining sector accounts for the remaining 5 percent. This page provides - Peru GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 4.50 21.05 -20.94 1980 - 2016 percent Quarterly
2007=100



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