Markets Actual Q1 Q2 Q3 Q4 2021
Currency 3.39 3.39 3.4 3.41 3.42 3.45
Stock Market (points) 19600.88 19752 19590 19429 19270 18951
Government Bond 10Y (%) 0.00 5.43 5.43 5.43 5.43 5.43

Overview Actual Q1 Q2 Q3 Q4 2021
GDP Growth Rate (%) 0.70 0.4 0.8 1.2 2.3 2.5
GDP Annual Growth Rate (%) 1.80 2.2 3.1 3.4 3.7 3.4
Unemployment Rate (%) 6.30 7.1 7 6.7 7.2 7.2
Inflation Rate (%) 1.89 2 2.3 2.4 2.4 2.4
Interest Rate (%) 2.25 2.25 2.25 2.25 2.25 2.5
Balance of Trade (USD Million) 1220.30 1150 1100 780 1130 1130
Current Account (USD Million) -26.10 -500 -1000 -1300 -560 -120
Current Account to GDP (%) -1.50 -1.4 -1.4 -1.4 -1.4 -1.5
Government Debt to GDP (%) 26.80 30 30 30 30 30
Government Budget (% of GDP) -3.50 -3.3 -3.3 -3.3 -3.3 -3.1
Business Confidence (points) 50.80 51.5 52 52.5 53 56
Corporate Tax Rate (%) 29.50 29.5 29.5 29.5 29.5 29.5
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q1 Q2 Q3 Q4 2021
GDP Growth Rate (%) 0.70 0.4 0.8 1.2 2.3 2.5
GDP Annual Growth Rate (%) 1.80 2.2 3.1 3.4 3.7 3.4
GDP (USD Billion) 222.24 225 225 225 225 228
GDP Constant Prices (PEN Million) 143698.53 128837 139481 140514 149015 154082
Gross Fixed Capital Formation (PEN Million) 35233.45 27246 31394 32345 36537 37779
GDP per capita (USD) 6453.92 6750 6750 6750 6750 6900
GDP per capita PPP (USD) 12794.21 13300 13300 13300 13300 13700
GDP From Agriculture (PEN Million) 6667.00 6473 9891 6780 6914 7149
GDP From Construction (PEN Million) 7913.00 7214 8163 8048 8206 8485
GDP From Manufacturing (PEN Million) 17264.00 16235 18141 17557 17903 18511
GDP From Mining (PEN Million) 16866.00 16042 16588 17153 17490 18085
GDP From Public Administration (PEN Million) 7329.00 6600 6753 7454 7600 7859
GDP From Services (PEN Million) 14535.00 12989 14413 14782 15073 15585
GDP From Transport (PEN Million) 7537.00 7781 7836 7665 7816 8082
GDP From Utilities (PEN Million) 2517.00 2600 2598 2560 2610 2699

Labour Actual Q1 Q2 Q3 Q4 2021
Unemployment Rate (%) 6.30 7.1 7 6.7 7.2 7.2
Employed Persons (Thousand ) 5037.30 4800 4840 4890 4950 4900
Unemployed Persons (Thousand ) 340.90 410 350 325 345 350
Wages (PEN/Month) 1886.94 1680 1680 1680 1700 1700
Minimum Wages (PEN/Month) 930.00 930 930 930 930 970
Population (Million) 32.16 32.7 32.7 32.37 32.82 33.15
Wages High Skilled (PEN/Month) 3830.00 4350 4350 4350 4500 4500
Wages Low Skilled (PEN/Month) 1250.00 1280 1280 1280 1350 1400
Living Wage Family (PEN/Month) 1710.00 1740 1740 1740 1780 1740
Living Wage Individual (PEN/Month) 995.00 950 950 950 1000 1000
Employment Rate (%) 93.70 93 93.5 93.8 93.3 93.1

Prices Actual Q1 Q2 Q3 Q4 2021
Inflation Rate (%) 1.89 2 2.3 2.4 2.4 2.4
Consumer Price Index CPI (points) 132.77 134 135 135 136 139
Core Consumer Prices (points) 136.33 132 132 132 134 134
Core Inflation Rate (%) 2.23 2.3 2.3 2.4 2.4 2.4
Producer Prices (points) 108.36 109 109 109 109 109
Inflation Rate Mom (%) 0.05 0.3 0.3 0.1 0.4 0.4
Food Inflation (%) 1.12 2.3 2.5 2.4 2.3 2.2
CPI Housing Utilities (points) 133.00 138 138 133 136 139
CPI Transportation (points) 119.49 120 120 121 123 126

Money Actual Q1 Q2 Q3 Q4 2021
Interest Rate (%) 2.25 2.25 2.25 2.25 2.25 2.5
Interbank Rate (%) 3.45 3.58 3.58 3.58 3.58 3.58
Foreign Exchange Reserves (USD Million) 68471.00 72000 74000 76000 76500 78000
Loans to Private Sector (PEN Million) 198502.49 195047 196826 199630 205847 212846
Deposit Interest Rate (%) 2.65 2.9 2.65 2.65 2.9 2.9

Trade Actual Q1 Q2 Q3 Q4 2021
Balance of Trade (USD Million) 1220.30 1150 1100 780 1130 1130
Current Account (USD Million) -26.10 -500 -1000 -1300 -560 -120
Current Account to GDP (%) -1.50 -1.4 -1.4 -1.4 -1.4 -1.5
Imports (USD Million) 3387.70 3280 3150 3350 3670 3710
Exports (USD Million) 4608.10 4100 4250 4130 4750 4750
External Debt (USD Million) 79956.00 76946 80432 83900 83900 83649
Remittances (USD Million) 851.38 880 910 900 940 940
Tourist Arrivals 4371787.00 4390000 4390000 4390000 4390000 4450000

Government Actual Q1 Q2 Q3 Q4 2021
Government Debt to GDP (%) 26.80 30 30 30 30 30
Government Budget (% of GDP) -3.50 -3.3 -3.3 -3.3 -3.3 -3.1
Government Budget Value (PEN Million) 2545.44 1400 1400 1400 1150 1150
Government Spending (PEN Million) 19609.40 12665 14382 15074 20335 21026
Military Expenditure (USD Million) 2689.00 2670 2670 2670 2670 2690

Taxes Actual Q1 Q2 Q3 Q4 2021
Corporate Tax Rate (%) 29.50 29.5 29.5 29.5 29.5 29.5
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 18.00 18 18 18 18 18

Business Actual Q1 Q2 Q3 Q4 2021
Business Confidence (points) 50.80 51.5 52 52.5 53 56
Industrial Production (%) -5.37 2.9 3.1 3.3 3.3 2.9
Leading Economic Index (%) 1.12 3 3.4 3.6 3.9 3.2
Copper Production (Tonnes) 225496.01 210000 200000 212000 235000 240000

Consumer Actual Q1 Q2 Q3 Q4 2021
Consumer Spending (PEN Million) 87683.48 85726 91987 91212 90928 94019
Consumer Credit (PEN Million) 80547.60 74285 76984 79417 83528 86368
Bank Lending Rate (%) 0.67 0.7 0.7 0.7 0.7 0.7
Gasoline Prices (USD/Liter) 0.95 0.85 0.87 0.89 0.92 0.92


This page has economic forecasts for Peru including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Peru economy.