GDP (constant LCU), annual growth rate in Peru
Peru: GDP (constant LCU), annual growth rate was 3.3 % change on previous year in 2024. ◆ Volatile
GDP (constant LCU), annual growth rate in Peru, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp (constant lcu), annual growth rate in Peru stood at 3.3 % change on previous year.
The figure is up 919.3% on the previous year and up 38.7% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Peru peaked at 13.36 % change on previous year in 2021 and was at its lowest, -12.31 % change on previous year, in 1989.
Peru ranks 103rd of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate in Peru, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.59 % change on previous year | — |
| 1972 | 3.48 % change on previous year | -24.2% |
| 1973 | 6.28 % change on previous year | +80.5% |
| 1974 | 9.39 % change on previous year | +49.5% |
| 1975 | 4.3 % change on previous year | -54.2% |
| 1976 | 1.45 % change on previous year | -66.4% |
| 1977 | 0.3491 % change on previous year | -75.9% |
| 1978 | -2.64 % change on previous year | -857.0% |
| 1979 | 4.09 % change on previous year | -254.8% |
| 1980 | 5.94 % change on previous year | +45.3% |
| 1981 | 5.55 % change on previous year | -6.6% |
| 1982 | -0.2227 % change on previous year | -104.0% |
| 1983 | -10.41 % change on previous year | +4573.1% |
| 1984 | 3.61 % change on previous year | -134.7% |
| 1985 | 2.06 % change on previous year | -42.9% |
| 1986 | 9.43 % change on previous year | +357.3% |
| 1987 | 9.73 % change on previous year | +3.2% |
| 1988 | -9.44 % change on previous year | -197.1% |
| 1989 | -12.31 % change on previous year | +30.4% |
| 1990 | -4.98 % change on previous year | -59.5% |
| 1991 | 2.22 % change on previous year | -144.5% |
| 1992 | -0.5405 % change on previous year | -124.4% |
| 1993 | 5.24 % change on previous year | -1070.1% |
| 1994 | 12.31 % change on previous year | +134.7% |
| 1995 | 7.41 % change on previous year | -39.8% |
| 1996 | 2.8 % change on previous year | -62.2% |
| 1997 | 6.48 % change on previous year | +131.4% |
| 1998 | -0.3915 % change on previous year | -106.0% |
| 1999 | 1.49 % change on previous year | -481.8% |
| 2000 | 2.69 % change on previous year | +80.2% |
| 2001 | 0.6179 % change on previous year | -77.1% |
| 2002 | 5.45 % change on previous year | +782.6% |
| 2003 | 4.17 % change on previous year | -23.6% |
| 2004 | 4.96 % change on previous year | +19.0% |
| 2005 | 6.29 % change on previous year | +26.8% |
| 2006 | 7.53 % change on previous year | +19.8% |
| 2007 | 8.52 % change on previous year | +13.1% |
| 2008 | 9.13 % change on previous year | +7.1% |
| 2009 | 1.1 % change on previous year | -88.0% |
| 2010 | 8.33 % change on previous year | +660.4% |
| 2011 | 6.33 % change on previous year | -24.1% |
| 2012 | 6.14 % change on previous year | -3.0% |
| 2013 | 5.85 % change on previous year | -4.7% |
| 2014 | 2.38 % change on previous year | -59.3% |
| 2015 | 3.25 % change on previous year | +36.5% |
| 2016 | 3.95 % change on previous year | +21.6% |
| 2017 | 2.52 % change on previous year | -36.3% |
| 2018 | 3.97 % change on previous year | +57.6% |
| 2019 | 2.24 % change on previous year | -43.6% |
| 2020 | -10.93 % change on previous year | -588.0% |
| 2021 | 13.36 % change on previous year | -222.2% |
| 2022 | 2.81 % change on previous year | -79.0% |
| 2023 | -0.4032 % change on previous year | -114.4% |
| 2024 | 3.3 % change on previous year | -919.3% |
Peru compared with similar countries
- Peru's 3.3 % change on previous year is below the median for upper middle income countries, which is 3.34 % change on previous year, 99% of the median. (58 countries reporting)
- Peru's 3.3 % change on previous year is below the median for Latin America & Caribbean, which is 3.38 % change on previous year, 98% of the median. (41 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), annual growth rate in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | -4573.1% | -0.2227 % change on previous year | -10.41 % change on previous year |
| 1993 | +1070.1% | -0.5405 % change on previous year | 5.24 % change on previous year |
| 2024 | +919.3% | -0.4032 % change on previous year | 3.3 % change on previous year |
| 1978 | -857.0% | 0.3491 % change on previous year | -2.64 % change on previous year |
| 2002 | +782.6% | 0.6179 % change on previous year | 5.45 % change on previous year |
| 2010 | +660.4% | 1.1 % change on previous year | 8.33 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.48 % change on previous year | -2.64 % change on previous year | 9.39 % change on previous year | 9 |
| 1980s | 0.3933 % change on previous year | -12.31 % change on previous year | 9.73 % change on previous year | 10 |
| 1990s | 3.2 % change on previous year | -4.98 % change on previous year | 12.31 % change on previous year | 10 |
| 2000s | 5.04 % change on previous year | 0.6179 % change on previous year | 9.13 % change on previous year | 10 |
| 2010s | 4.5 % change on previous year | 2.24 % change on previous year | 8.33 % change on previous year | 10 |
| 2020s | 1.63 % change on previous year | -10.93 % change on previous year | 13.36 % change on previous year | 5 |
Countries ranked near Peru
- 100 Gabon 3.38 % change on previous year compare
- 101 Bahamas 3.38 % change on previous year compare
- 102 Andorra 3.37 % change on previous year compare
- 104 Algeria 3.3 % change on previous year compare
- 105 Morocco 3.24 % change on previous year compare
- 106 Pakistan 3.23 % change on previous year compare
More population data for Peru
- Population regions with projections, annual growth rate -0.4349 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.0396 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4349 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.3151 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 42,023 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.9219 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6906 % change on previous year (2100)
- World population growth -0.4% (2100)
- Population density 29.82 people per km² (2100)
- Number of children under 5, by world region 1.66 million people (2100)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Peru?
- Gdp (constant lcu), annual growth rate in Peru was 3.3 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Peru?
- The highest recorded value was 13.36 % change on previous year in 2021.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Peru?
- The lowest recorded value was -12.31 % change on previous year in 1989.
- How does Peru rank for gdp (constant lcu), annual growth rate?
- Peru ranks 103rd out of 212 countries with data for 2024.
- Is gdp (constant lcu), annual growth rate rising or falling in Peru?
- Over the last ten years it is up 38.7%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.