Peru recorded a Current Account surplus of 0.70 percent of the country's Gross Domestic Product in 2020. source: Central Reserve Bank of Peru

Current Account to GDP in Peru averaged -3.33 percent from 1980 until 2020, reaching an all time high of 3.31 percent in 2006 and a record low of -9.50 percent in 1981. This page provides - Peru Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Current Account to GDP - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Current Account to GDP in Peru is expected to reach -1.50 percent of GDP by the end of 2022, 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 -1.50 percent of GDP in 2023, according to our econometric models.

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Peru Current Account to GDP

Related Last Previous Unit Reference
Balance of Trade 689.00 318.00 USD Million Sep 2022
Current Account -3661.79 -2170.33 USD Million Sep 2022
Current Account to GDP -2.90 0.70 percent of GDP Dec 2021
Exports 5554.10 5559.80 USD Million Sep 2022
Imports 4864.70 5241.90 USD Million Sep 2022
External Debt 101506.00 101572.00 USD Million Sep 2022
Terms of Trade 98.83 103.01 points Sep 2022
Remittances 929.00 906.00 USD Million Jun 2022
Foreign Direct Investment 1470.73 1156.66 USD Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-2.90 0.70 3.31 -9.50 1980 - 2021 percent of GDP Yearly