Name: Peru Full Year GDP Growth
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

Peru's Full Year GDP growth increased by 3.3% in 2024, rebounding from a 0.4% fall in the previous year. This marked the strongest expansion since 2022, mainly driven by increases in both imports and exports. source: Central Reserve Bank of Peru

Full Year GDP Growth in Peru averaged 3.84 percent from 1950 until 2024, reaching an all time high of 13.36 percent in 2021 and a record low of -12.31 percent in 1989. This page includes a chart with historical data for Peru Full Year GDP Growth. Peru Full Year GDP Growth - values, historical data and charts - was last updated on September of 2025.

Full Year GDP Growth in Peru is expected to reach 2.70 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Full Year GDP Growth is projected to trend around 2.40 percent in 2026 and 2.90 percent in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
Full Year GDP Growth	3.30	-0.40	percent	Dec 2024
GDP	289.22	266.96	USD Billion	Dec 2024
GDP Growth Rate YoY	2.90	3.90	percent	Jun 2025
GDP Constant Prices	149642.08	140319.37	PEN Million	Jun 2025
GDP Growth Rate	0.50	0.30	percent	Jun 2025
Gross Fixed Capital Formation	36798.49	33824.87	PEN Million	Jun 2025

Peru Full Year GDP Growth

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.