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Peru Poverty Rate

Peru's poverty rate rose to 5.9% in 2023, up from 4.8% in 2022, according to World Bank. This represents an increase of 1.1% from the previous year. Peru has poverty rate higher than the global median (5.90% vs median 1.90%). Compared with the median in Americas, Peru is higher (5.90% vs regional median 2.25%) and ranks 4th out of 22 countries in Americas.

Peru's annual unemployment rate fell to 4.83% in 2024, down from 4.9% in 2023.

Yearly Historical Data (1985-2023)

(in %)
Year Poverty Rate (%)
2023 5.9%
2022 4.8%
2021 5.2%
2020 10.3%
2019 5.4%
2018 6.1%
2017 7.3%
2016 7.5%
2015 8%
2014 8%
2013 8.6%
2012 9.5%
2011 10.3%
2010 11.2%
2009 13.7%
2008 15.8%
2007 18.9%
2006 21.8%
2005 25.4%
2004 23.5%
2003 22.5%
2002 24.4%
2001 27.4%
2000 25.5%
1999 26.3%
1998 25.7%
1997 26.9%
1994 25.7%
1985 6.2%
Peru Poverty Rate : Definition
Poverty Rate measures the percentage of people in Peru living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Adult Literacy Rate 94% 94% 2020
Gini Index 40.7 points 40.3 points 2023
Happiness Index 5.95 points 5.84 points 2024
Homicide Rate 5.71 7.27 2020
Population 34.22M 33.85M 2024
Primary Enrollment Rate 107.49% 107.66% 2023