Peru GDP Annual Growth Rate  1980-2016 | Data | Chart | Calendar

The Peruvian economy advanced 3.7 percent year-on-year in the second quarter of 2016, slowing from a 4.4 percent rise in the previous period. Household consumption increased 3.1 percent and public spending jumped 9.3 percent. In contrast, gross fixed capital formation shrank 3.5 percent, dragged by a 5.5 percent slump in private investment while the public one grew 2.2 percent. Investment in machinery and equipment went down 9.2 percent while new construction rose 1 percent. Exports increased 13.7 percent, boosted by sales of copper (+34.6 percent), gold (+9.8 percent) and silver (+35.5 percent) while imports declined 2.6 percent. 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. GDP Annual Growth Rate in Peru is reported by the Instituto Nacional de Estadística e Informática (INEI).

Peru GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.70 4.40 21.05 -20.94 1980 - 2016 percent Quarterly
2007=100
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-16 04:15 PM Q4 4.7% 2.9% 3.5%
2016-05-23 04:20 PM Q1 4.4% 4.7% 4.7%
2016-08-22 03:30 PM Q2 3.7% 4.4% 3.8%
2016-11-21 05:00 PM Q3 3.7% 3.5%

Peru GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 1.70 2.90 -1.30 percent [+]
GDP Annual Growth Rate 3.70 4.40 21.05 -20.94 percent [+]
GDP 192.08 202.86 202.86 3.33 USD Billion [+]
GDP Constant Prices 125045.81 117716.07 127979.87 33934.51 PEN Million [+]
Gross National Product 293760.41 274470.15 293760.41 23859.00 PEN Million [+]
Gross Fixed Capital Formation 27571.54 26667.48 36685.90 4495.97 PEN Million [+]
GDP per capita 5974.48 5861.41 5974.48 2629.23 USD [+]
GDP per capita PPP 11672.14 11451.25 11672.14 5140.20 USD [+]




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