Peru recorded a Current Account deficit of 1.50 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Peru averaged -3.48 percent from 1980 until 2018, reaching an all time high of 3.31 percent in 2006 and a record low of -9.50 percent in 1981. source: Central Reserve Bank of Peru

Current Account to GDP in Peru is expected to be -1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Current Account to GDP is projected to trend around -1.60 percent in 2020, according to our econometric models.


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Peru Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-1.50 -1.20 3.31 -9.50 1980 - 2018 percent Yearly


Peru Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.

Peru Trade Last Previous Highest Lowest Unit
Balance of Trade 669.50 416.00 1290.20 -676.30 USD Million [+]
Current Account -1163.31 -886.09 1347.00 -3165.63 USD Million [+]
Current Account to GDP -1.50 -1.20 3.31 -9.50 percent [+]
Imports 3234.80 3709.20 4012.50 16.30 USD Million [+]
Exports 3904.20 4125.30 4584.40 16.60 USD Million [+]
External Debt 81999.00 82479.00 82479.00 9121.00 USD Million [+]
Terms of Trade 94.09 94.52 116.20 51.38 points [+]
Remittances 839.17 844.72 844.72 21.75 USD Million [+]
Tourist Arrivals 4419430.00 4032339.00 4419430.00 216534.00 [+]
Gold Reserves 34.68 34.68 34.70 34.21 Tonnes [+]
Terrorism Index 2.84 2.95 3.93 2.54 [+]
Foreign Direct Investment 1169.42 2185.32 5304.41 -2357.33 USD Million [+]
Crude Oil Production 56.00 44.00 140.00 34.66 BBL/D/1K [+]