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Includes historical data for Peru’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Strong Economic Growth Underpinned By Sound Policies

Peru has a history of robust economic growth underpinned by a tradition of sound fiscal and macroeconomic policies. With a population of approximately 35 million, the country benefits from abundant mineral and energy reserves, agricultural resources and fisheries. Peru welcomes foreign direct investment (FDI) by granting national treatment to foreign investors and maintains strong integration within the global economy through various bilateral and multilateral trade agreements.

However, recent years have seen increased levels of political instability and related social conflict, negatively impacting investor confidence and growth prospects. Additionally, overdependence on raw material exports, inadequate infrastructure, along a significant informal sector leading to weak fiscal revenues, pose additional challenges. Complex bureaucracy and regulatory inefficiencies, compounded by a lack of transparency and an underdeveloped credit system, further stifle private-sector growth.

Macroeconomy & Sovereign Data

Type of Government Presidential republic
Capital Lima
Sovereign Ratings S&P: BBB
Moody’s: Baa1
Fitch: BBB
Total Population 34.1 million
Median Age 29.1
Adult Per Capita Income (PPP) 19,475.15
Total GDP (2023) 282.5 billion

Peru GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 48.8 billion (2023)
Leading Exports Copper
Refined Petroleum
Tropical Fruits
Total Imports USD 71.1 billion (2022)
Leading Imports Refined Petroleum
Crude Petroleum
Broadcasting Equipment
Delivery Trucks
Source: World Integrated Trade Solution

Peru Leading Companies

Banco de Credito del Peru Financials
Interbank (Banco Internacional del Perú) Financials
Grupo Romero Conglomerates, Financials, Insurance, Consumer Discretionary
Minsur Materials, Tin Mining
Compañía de Minas Buenaventura Materials, Silver Mining
Alicorp Consumer Staples, Packaged Foods & Meats
Ajegroup Consumer Staples, Beverages

Major Trade Partners — Import

China 29%
United States 19%
Brazil 7%
Argentina 5%
Mexico 4%

Major Trade Partners — Export

China 32%
United States 13%
South Korea 5%
Japan 5%
Canada 5%

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Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000