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Peru — GDP growth

Also known as economic growth rate, GDP growth rate, annual growth of the economy, growth rate.

GDP Growth (Annual %) for Peru, 1961–2025.

Latest value · 2025
3.43%
GDP Growth (Annual %) · annual % · -53.3% since 1961
Free for any use — attribution is the link itself.

GDP growth for Peru was 3.43% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 13.42% in 2021. The lowest was -12.31% in 1989 (about -3.6× the latest value). Across that span the compound annual growth rate works out to -1.18% per year.

Peru ranks 101 of 212 economies on this measure (1 = highest), putting it in the top 48%. The median for Latin America & Caribbean is 3.38%, so Peru sits above it. It peaked in 2021 and has fallen 74% since. Over the last decade (2015–2025) the figure moved up 5%. Within Latin America & Caribbean it ranks 17 of 40 economies; Sint Maarten (Dutch part) (3.40%) is just below it. Its sharpest one-year move was down 4573% in 1983. That is 36% above this series' own ten-year average.

Data highlights

World ranking. Slipped: 25th of 107 in 1961 → 85th of 119 in 1970 → 44th of 152 in 1980 → 163rd of 176 in 1990 → 146th of 199 in 2000 → 27th of 209 in 2010 → 177th of 209 in 2020 → 91st of 186 in 2025.

Adjacent in the latest world ranking (101 of 212): Bahrain (#100) · Croatia (#102).

Key figures

Latest (2025)
3.43%
First (1961)
7.35%
Change
-53.3%
Highest
13.42%
in 2021
Lowest
-12.31%
in 1989
Average
3.50%
Annual growth (CAGR)
-1.18%
Years of data
65

Recent published years. 2025 — 3.43% · 2024 — 3.52% · 2023 — -0.35% · 2022 — 2.82% · 2021 — 13.42%.

Full history — 1961 to 2025

All 65 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Peru — GDP growth
Yearannual %Change
20253.43%-0.1 pp
20243.52%+3.9 pp
2023-0.35%-3.2 pp
20222.82%-10.6 pp
202113.42%+24.3 pp
2020-10.93%-13.2 pp
20192.24%-1.7 pp
20183.97%+1.5 pp
20172.52%-1.4 pp
20163.95%+0.7 pp
20153.25%+0.9 pp
20142.38%-3.5 pp
20135.85%-0.3 pp
20126.14%-0.2 pp
20116.33%-2.0 pp
20108.33%+7.2 pp
20091.1%-8.0 pp
20089.13%+0.6 pp
20078.52%+1.0 pp
20067.53%+1.2 pp
20056.29%+1.3 pp
20044.96%+0.8 pp
20034.17%-1.3 pp
20025.45%+4.8 pp
20010.62%-2.1 pp
20002.69%+1.2 pp
19991.49%+1.9 pp
1998-0.39%-6.9 pp
19976.48%+3.7 pp
19962.8%-4.6 pp
19957.41%-4.9 pp
199412.31%+7.1 pp
19935.24%+5.8 pp
1992-0.54%-2.8 pp
19912.22%+7.2 pp
1990-4.98%+7.3 pp
1989-12.31%-2.9 pp
1988-9.44%-19.2 pp
19879.73%+0.3 pp
19869.43%+7.4 pp
19852.06%-1.5 pp
19843.61%+14.0 pp
1983-10.41%-10.2 pp
1982-0.22%-5.8 pp
19815.55%-0.4 pp
19805.94%+1.9 pp
19794.09%+6.7 pp
1978-2.64%-3.0 pp
19770.35%-1.1 pp
19761.45%-2.9 pp
19754.3%-5.1 pp
19749.39%+3.1 pp
19736.28%+2.8 pp
19723.48%-1.1 pp
19714.59%+1.2 pp
19703.37%-0.1 pp
19693.51%+3.4 pp
19680.15%-3.7 pp
19673.85%-4.4 pp
19668.24%+2.6 pp
19655.62%-0.9 pp
19646.55%+2.2 pp
19634.33%-5.7 pp
196210.04%+2.7 pp
19617.35%—
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Peru’s GDP growth in 1962?

10.04% (1962). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Peru’s GDP growth growing or shrinking?

Between 1961 and 2025 the series was shrinking overall: -53.3% in total — about 1.2% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2025: 3.43%; 2024: 3.52%; 2023: -0.35%; 2022: 2.82%; 2021: 13.42%. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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