Gross domestic product (GDP) in Peru 2024

Peru: Gross domestic product (GDP) in current prices from 2014 to 2024 (in billion U.S. dollars)

by H. Plecher, last edited May 9, 2019
Gross domestic product (GDP) in Peru 2024 The statistic shows gross domestic product (GDP) in Peru from 2014 to 2018, with projections up until 2024. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. In 2018, Peru's gross domestic product amounted to around 225.2 billion U.S. dollars.
Dropping mineral prices affect Peru's economy

The economy of Peru is still strong and the prospect of significant future growth still remains, but overall GDP appears to be waning after a period of significant growth which took place between 2010 and 2013. The annual growth rate of Peruvian GDP was as high as 8.45 percent in 2010. Yet, the annual growth rate for 2014 was only a quarter of that, and future growth rates are expected to linger at around 4 percent.

Much of this earlier growth can be attributed to the country’s mineral wealth in copper, silver, lead, zinc, oil and gold, but over the years, the price of many of these minerals has been on a decline. The price of many of these mineral resources began to decline in 2011, some decreasing significantly in price and others less so. The copper price has decreased, as has the price of lead and gold. The price of silver dropped significantly, too, and the impact of falling oil prices is being felt around the world. Zinc is the only aforementioned mineral whose price has remained stable. As the economy of Peru is directly linked to these resources and industry composes close to a 40 percent share of GDP, it is no wonder the economy of Peru has been impacted.
Show more

Peru: Gross domestic product (GDP) in current prices from 2014 to 2024 (in billion U.S. dollars)

Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
Related Studies: Available to Download in PDF or PPTX Format

All Information
in one Presentation


Everything On "Peru" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Other Reports & Dossiers
Statista is a great source of knowledge, and pretty helpful to manage the daily work.
Christof Baron

Christof Baron
CEO, MindShare Germany

Statistics on "Peru"
  • Population
  • Economy
  • National finances
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.