Markets Actual Q1 Q2 Q3 Q4 2020
Currency 3.32 3.38 3.39 3.39 3.4 3.42
Stock Market (points) 19576.87 19137 18971 18805 18643 18320
Government Bond 10Y (%) 5.43 5.49 5.55 5.61 5.67 5.8
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.00 1.6 1.6 1.4 1.6 2.3
GDP Annual Growth Rate (%) 2.30 4.4 4.2 4.6 4 3.7
Unemployment Rate (%) 6.70 6.6 7 6.8 7.2 7.2
Inflation Rate (%) 2.19 2.1 2.2 2.2 2.2 2.4
Interest Rate (%) 2.75 2.75 2.75 2.75 3 4
Balance of Trade (USD Million) 585.80 950 1280 1180 950 850
Current Account (USD Million) -1172.00 -2400 -1900 -1300 150 -560
Current Account to GDP (%) -1.30 -1.3 -1.3 -1.3 -1.3 -1.1
Government Debt to GDP (%) 25.50 29 29 29 29 31
Government Budget (% of GDP) -3.20 -3.6 -3.6 -3.6 -3.6 -3.3
Business Confidence (Index Points) 55.50 56 58 60 63 65
Consumer Confidence (Index Points) 99.00 93 93 95 95 98
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 2020
GDP Growth Rate (%) 0.00 1.6 1.6 1.4 1.6 2.3
GDP Annual Growth Rate (%) 2.30 4.4 4.2 4.6 4 3.7
GDP (USD Billion) 211.39 220 220 220 220 225
GDP Constant Prices (PEN Million) 131738.00 129934 140085 134373 136744 141804
Gross National Product (PEN Million) 293760.41 300223 299929 299636 304923 316205
Gross Fixed Capital Formation (PEN Million) 29341.00 27671 28923 29928 30456 31583
GDP per capita (USD) 6172.69 6600 6600 6600 6600 6750
GDP per capita PPP (USD) 12236.71 14000 14000 14000 14000 15000
GDP From Agriculture (PEN Million) 6505.00 6153 9683 6635 6752 7002
GDP From Construction (PEN Million) 7656.00 7326 7815 7962 7947 8241
GDP From Manufacturing (PEN Million) 16732.00 16576 19548 17067 17368 18010
GDP From Mining (PEN Million) 16778.00 16638 17382 17449 17416 18060
GDP From Public Administration (PEN Million) 6977.00 6478 6592 7256 7242 7510
GDP From Services (PEN Million) 14133.00 12862 14151 14416 14670 15213
GDP From Transport (PEN Million) 7368.00 7660 7710 7515 7648 7931
GDP From Utilities (PEN Million) 2416.00 2470 2503 2464 2508 2601
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 6.70 6.6 7 6.8 7.2 7.2
Employed Persons (Thousand ) 4953.50 4850 4810 4800 4850 4950
Unemployed Persons (Thousand ) 330.10 335 325 330 330 345
Wages (PEN/Month) 1740.09 1740 1794 1816 1680 1700
Minimum Wages (PEN/Month) 930.00 930 930 930 930 930
Population (Million) 31.83 32.54 32.54 32.54 32.54 32.54
Wages High Skilled (PEN/Month) 3830.00 4350 4350 4350 4350 4500
Wages Low Skilled (PEN/Month) 1250.00 1280 1280 1280 1280 1350
Living Wage Family (PEN/Month) 1710.00 1740 1740 1740 1740 1780
Living Wage Individual (PEN/Month) 995.00 950 950 950 950 1000
Employment Rate (%) 65.60 63.7 63.5 62.9 63.7 65
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.19 2.1 2.2 2.2 2.2 2.4
Consumer Price Index CPI (Index Points) 130.23 131 132 133 133 136
Core Consumer Prices (Index Points) 133.19 132 133 135 132 134
Core Inflation Rate (%) 2.57 2.24 2.27 2.53 2.3 2.4
Producer Prices (Index Points) 108.87 108 108 108 108 109
Inflation Rate Mom (%) 0.18 0.3 0.2 0.1 0.2 0.4
Food Inflation (%) 1.95 3.6 2.6 2.5 2.8 2.5
CPI Housing Utilities (Index Points) 132.83 135 134 135 136 139
CPI Transportation (Index Points) 118.67 116 118 119 120 123
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 2.75 2.75 2.75 2.75 3 4
Interbank Rate (%) 5.08 4.68 4.68 4.68 4.68 4.68
Loans to Private Sector (PEN Million) 185761.62 182000 183000 192873 184000 187000
Deposit Interest Rate (%) 2.65 2.65 2.65 2.65 2.65 2.65
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) 585.80 950 1280 1180 950 850
Current Account (USD Million) -1172.00 -2400 -1900 -1300 150 -560
Current Account to GDP (%) -1.30 -1.3 -1.3 -1.3 -1.3 -1.1
Imports (USD Million) 3428.80 3600 3350 3500 3500 3670
Exports (USD Million) 4014.60 4550 4630 4680 4650 4800
External Debt (USD Million) 75267.00 76500 74772 74973 74744 74736
Terms of Trade (Index Points) 93.47 90.31 90.31 90.29 90.29 90.29
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 25.50 29 29 29 29 31
Government Budget (% of GDP) -3.20 -3.6 -3.6 -3.6 -3.6 -3.3
Government Budget Value (PEN Million) -7886.13 3000 1200 1100 1400 1150
Government Spending (PEN Million) 16481.00 16619 17022 17140 17107 17740
Government Revenues (PEN Million) 9872.80 10300 9600 9750 9800 9850
Fiscal Expenditure (PEN Million) 12515.60 7300 8400 8650 8400 8700
Military Expenditure (USD Million) 1945.90 1920 1920 1920 1920 1850
Taxes Actual Q1 Q2 Q3 Q4 2020
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
Business Actual Q1 Q2 Q3 Q4 2020
Business Confidence (Index Points) 55.50 56 58 60 63 65
Industrial Production (%) -1.41 0.9 1.4 3.1 2.6 2.6
Leading Economic Index (%) 5.27 5 3.7 4.2 3.9 4.2
Copper Production (Tonnes) 206171.32 200000 215000 220000 220000 245000
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (Index Points) 99.00 93 93 95 95 98
Consumer Spending (PEN Million) 86337.00 83945 90403 88064 89618 92934
Bank Lending Rate (%) 0.81 0.84 0.84 0.84 0.84 0.84
Gasoline Prices (USD/Liter) 0.91 0.89 0.87 0.84 0.82 0.82


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.