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Peru Trade (% GDP)

Peru's trade (% GDP) rose to 51.48% in 2024, up from 50.79% in 2023, according to World Bank. This represents an increase of 0.69% from the previous year. Peru has trade (% GDP) lower than the global median (51.48% vs median 84.49%). Compared with the median in Americas, Peru is lower (51.48% vs regional median 78.04%) and ranks 26th out of 32 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 51.48%
2023 50.79%
2022 57.3%
2021 55.43%
2020 44.25%
2019 46.94%
2018 48.63%
2017 47.51%
2016 45.39%
2015 45.16%
2014 46.85%
2013 49.79%
2012 52.62%
2011 55.99%
2010 51.67%
2009 48.11%
2008 58.43%
2007 55.69%
2006 51.79%
2005 47.36%
2004 41.94%
2003 37.62%
2002 35.25%
2001 35.06%
2000 35.54%
1999 33.21%
1998 32.95%
1997 33.47%
1996 31.65%
1995 30.93%
1994 28.92%
1993 28.77%
1992 27.98%
1991 26.66%
1990 29.47%
1989 22.54%
1988 33.22%
1987 27.35%
1986 34.52%
1985 44.88%
1984 39.19%
1983 43.24%
1982 41.07%
1981 41.28%
1980 47.64%
1979 45.59%
1978 39.71%
1977 37.59%
1976 31.42%
1975 31.92%
1974 35.46%
1973 28.67%
1972 28.15%
1971 28.61%
1970 32.99%
1969 34.29%
1968 36.98%
1967 35.6%
1966 34.73%
1965 34.66%
1964 37.31%
1963 40.03%
1962 41.93%
1961 43.01%
1960 40.48%
Peru Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Peru divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $74.05B $64.36B 2024
Annual Imports $55.03B $52.16B 2024
Balance of Trade $2.6B $2.2B Aug'25
Exports $7.7B $7.2B Aug'25
Exports (% GDP) 28.54% 27.14% 2024
FDI Inflows (% GDP) 1.47% 4.55% 2023
Imports $5.1B $5.1B Aug'25
Imports (% GDP) 22.94% 23.65% 2024
Net Trade (Goods & Services, BoP) $16.16B $9.19B 2024
Tariff Rate 1.1% 1.08% 2022