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2026/02/20 10:12:03

Economy of Peru

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Content

The main articles are:

GDP

2025: GDP size forecast - $318 billion

According to the forecast of the International Monetary Fund for October 2025

2023: US remittances account for 0.5% of GDP

Data for 2023

2022: GDP size - $0.24 trillion

Countries by GDP size in 2022

National debt

2023: State debt - 31% of GDP

Data for September 2023

2017: State debt - 23% of GDP

The ratio of public debt to the country's GDP, 2017

Inflation

2022: Inflation in November - 8.3%

Data for November 2022

Key rate

2021: Rate increase to 0.5%

In August 2021, the Central Bank of Peru raised the interest rate (to 0.5%) for the first time in five years after inflation accelerated faster than expected and political instability brought down the currency.

Peru is grappling with domestic market volatility, joining a growing list of CBAs tightening ultra-low monetary policy.

Power

2020: Very low energy consumption per capita

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Energy consumption per capita, including electricity, transport heating in 2019-2020

Minerals

Oil production

Oil production in thousands of barrels per day by country in 2021

Copper mining

Copper mining by country in 2018

Silver mining

2023: World's 3rd largest silver miner

2018

Data for 2018

Foreign trade

2024: 18th in the world in terms of gold trade

2023:61% of exports come from copper

Countries in which the mining sector is the basis of exports, as of 2024:

2022

China is the largest export destination

According to data available for August 2023.

LNG exports

Export and import of liquefied natural gas in 2022

2020: Main export item - copper

The main export item is copper, data for 2020.

2019: Exports of 0.23 million tonnes of coffee beans - 8th in the world

Data for 2019

2018: Clothing exports - $977 million

2018 data

Unemployment

2020: Unemployment rate - 12.5%

Countries around the world in terms of unemployment in 2020

Incomes of the population

2023: Minimum wage - $233

Minimum wage in countries of the world for January 2023

2022: Share of citizens with a budget of less than $5.5 per day - 26%

Сравнение data for 2012 and 2022

Industry

Metallurgy

2024: 8th in the world in terms of gold production - 100 tons

Data for 2024

Agriculture

2021: Share of farmland - 19%

Доля agricultural land from the total area of ​ ​ the countries of the world, 2021

2019: Low use of pesticides in agriculture

As of 2019

Tourism

Data for 2018

Real estate

2020: 10.3% rise in property prices

Leading Countries in Real Estate Price Growth in 2020

Alcohol market

2018: Minimum age to purchase alcoholic beverages - 18 years

Data for 2018

R&D

2020: R&D expenses - $406 million

R&D expenses as of 2020

Consumption

2023: Poultry meat is the most consumed type of meat

The most consumed type of meat (including fish and seafood) according to data available for June 2023.

See also