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Peru Real GDP

Peru's real GDP rose to $229.64 billion in 2024, up from $222.3 billion in 2023, according to World Bank. This represents an increase of 3.3% ($7.34 billion) from the previous year and accounts for 0.24% of the world's total real GDP. Peru has real GDP higher than the global median ($229.64 billion vs median $29.34 billion). Compared with the median in Americas, Peru is higher ($229.64 billion vs regional median $22.14 billion) and ranks 8th out of 43 countries in Americas.

Peru's GDP per capita rose to $6,711.19 in 2024, up from $6,568 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 229.64
2023 222.3
2022 223.2
2021 217.1
2020 191.51
2019 215.02
2018 210.31
2017 202.28
2016 197.31
2015 189.8
2014 183.82
2013 179.55
2012 169.62
2011 159.81
2010 150.3
2009 138.74
2008 137.23
2007 125.76
2006 115.89
2005 107.77
2004 101.4
2003 96.61
2002 92.75
2001 87.95
2000 87.41
1999 85.12
1998 83.86
1997 84.19
1996 79.07
1995 76.92
1994 71.61
1993 63.76
1992 60.59
1991 60.91
1990 59.59
1989 62.72
1988 71.52
1987 78.98
1986 71.98
1985 65.78
1984 64.45
1983 62.21
1982 69.43
1981 69.59
1980 65.93
1979 62.23
1978 59.78
1977 61.41
1976 61.19
1975 60.32
1974 57.83
1973 52.87
1972 49.75
1971 48.07
1970 45.96
1969 44.47
1968 42.96
1967 42.89
1966 41.3
1965 38.16
1964 36.13
1963 33.91
1962 32.5
1961 29.54
1960 27.51
Peru Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Peru, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $289.22B $266.96B 2024
GDP Annual Growth Rate 3.3% -0.4% 2024
GDP Growth Rate (QoQ) 0.5% 0.3% Jun'25
GDP Growth Rate (YoY) 2.9% 3.9% Jun'25
GDP per Capita $6,711.19 $6,568 2024
GDP per Capita PPP $15,661.75 $15,327.58 2024
R&D Expenditure (% GDP) 0.16% 0.14% 2022