Markets Actual Q4 Q1 Q2 Q3 2021
Currency 3.60 3.62 3.63 3.64 3.66 3.68
Stock Market (points) 19601.09 19289 18973 18661 18355 17743
Government Bond 10Y (%) 0.00 5.43 5.43 5.43 5.43 5.43

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -27.20 -1 1.6 1.8 2.1 2.3
GDP Annual Growth Rate (%) -9.40 -10 1.5 25 15 8.5
Unemployment Rate (%) 16.40 16.2 15.9 15.6 15.3 14.9
Inflation Rate (%) 1.72 1.8 2 2.1 2.3 2.4
Interest Rate (%) 0.25 0.25 0.25 0.25 0.25 0.5
Balance of Trade (USD Million) 636.40 1130 850 850 850 1130
Current Account (USD Million) 235.70 -560 -1250 -1250 -1250 -120
Current Account to GDP (%) -1.50 -2 -2 -2.1 -2.1 -2.1
Government Debt to GDP (%) 27.50 30 29 29 29 29
Government Budget (% of GDP) -2.70 -7 -5.5 -5.5 -5.5 -5.5
Business Confidence (points) 50.20 50.5 51 51.5 52 52.5
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 Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -27.20 -1 1.6 1.8 2.1 2.3
GDP Annual Growth Rate (%) -9.40 -10 1.5 25 15 8.5
GDP (USD Billion) 226.85 199 219 219 219 219
GDP Constant Prices (PEN Million) 125121.79 129373 124877 119771 110189 140369
Gross Fixed Capital Formation (PEN Million) 28488.61 31871 23842 14653 13480 34580
GDP per capita (USD) 6486.63 6190 6300 6300 6300 6300
GDP per capita PPP (USD) 12847.89 12030 12400 12400 12400 12400
GDP From Agriculture (PEN Million) 9780.00 6099 6711 12225 11247 6618
GDP From Construction (PEN Million) 2632.00 8124 6300 3290 3027 8815
GDP From Manufacturing (PEN Million) 11728.00 16614 14666 14660 13487 18026
GDP From Mining (PEN Million) 10753.00 15736 15262 13441 12366 17073
GDP From Public Administration (PEN Million) 6911.00 7233 6940 8639 7948 7848
GDP From Services (PEN Million) 7741.00 14001 12113 9676 8902 15191
GDP From Transport (PEN Million) 3450.00 6944 7414 4313 3968 7534
GDP From Utilities (PEN Million) 2063.00 2338 2556 2579 2372 2537

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 16.40 16.2 15.9 15.6 15.3 14.9
Employed Persons (Thousand ) 3872.80 3680 3850 4020 4250 4760
Unemployed Persons (Thousand ) 761.40 667 655 645 630 620
Wages (PEN/Month) 1507.10 1700 1700 1700 1700 1700
Minimum Wages (PEN/Month) 930.00 930 930 930 930 970
Population (Million) 32.50 32.82 32.82 32.82 32.82 33.15
Employment Rate (%) 83.60 84.5 84.7 84.9 90.1 91.7

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 1.72 1.8 2 2.1 2.3 2.4
Consumer Price Index CPI (points) 134.55 135 136 137 138 138
Core Consumer Prices (points) 138.13 134 134 134 134 134
Core Inflation Rate (%) 1.64 2 2 2.2 2.2 2.4
Producer Prices (points) 109.33 109 109 109 109 109
Export Prices (points) 119.88 108 110 112 113 115
Import Prices (points) 115.05 114 116 118 120 121
Inflation Rate Mom (%) 0.02 0.3 0.2 0.3 0.3 0.4
Food Inflation (%) 1.93 1.8 1.9 2 2 2.2
CPI Housing Utilities (points) 134.87 135 135 135 138 138
CPI Transportation (points) 119.77 122 122 124 128 125

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 0.25 0.25 0.25 0.25 0.25 0.5
Interbank Rate (%) 1.24 4.79 1.24 1.24 1.24 4.79
Foreign Exchange Reserves (USD Million) 72574.00 76500 76500 76500 76500 78000
Loans to Private Sector (PEN Million) 243751.18 178734 208413 288940 278555 193926
Deposit Interest Rate (%) 4.78 2.9 4.78 4.78 4.78 2.9

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (USD Million) 636.40 1130 850 850 850 1130
Current Account (USD Million) 235.70 -560 -1250 -1250 -1250 -120
Current Account to GDP (%) -1.50 -2 -2 -2.1 -2.1 -2.1
Imports (USD Million) 2953.20 3670 3800 3800 3800 3710
Exports (USD Million) 3589.50 4750 4650 4650 4650 4750
External Debt (USD Million) 84914.00 83900 83900 83900 83900 83649
Remittances (USD Million) 794.01 940 940 940 940 940
Tourist Arrivals 4371787.00 1890000 2700000 2700000 2700000 2700000

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 27.50 30 29 29 29 29
Government Budget (% of GDP) -2.70 -7 -5.5 -5.5 -5.5 -5.5
Government Budget Value (PEN Million) -8622.89 1150 1150 1150 1150 1150
Government Spending (PEN Million) 15334.51 17372 13410 16891 15540 18848
Military Expenditure (USD Million) 2689.00 2670 2670 2670 2670 2690

Taxes Actual Q4 Q1 Q2 Q3 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 Q4 Q1 Q2 Q3 2021
Business Confidence (points) 50.20 50.5 51 51.5 52 52.5
Industrial Production (%) -7.12 -5.5 -3 8.6 5.5 3.8
Leading Economic Index (%) -6.95 -3.5 -1.9 12 5 3.2
Copper Production (Tonnes) 171788.55 190000 205000 218000 221000 225000

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Spending (PEN Million) 80975.19 78915 84592 88246 81187 85623
Consumer Credit (PEN Million) 74973.81 72491 82067 96209 85968 78653
Bank Lending Rate (%) 0.64 1.1 0.65 0.65 0.65 1.1
Gasoline Prices (USD/Liter) 0.78 0.8 0.8 0.76 0.73 0.76


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.