Peru GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$289.22

Source: world bank Nominal/PPP
Summary:

Peru GDP Per Capita expanded from 1960 to 2024, increasing from $2.57 to $289.22 .The compound annual growth rate (CAGR) averaged 7.66% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 58.15%, indicating the largest cyclical decline from peak levels. The country experienced 9 recession episode(s) during the observed period.

Latest GDP Per Capita of Peru 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 289.22 dollars$ 609.16 Int dollars
Growth (YoY)8.339%5.802%
Net Change vs Previous Year$ 22.26 dollars$ 33.40 Int dollars
% of World GDP Per Capita0.26%0.31%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Peru GDP | Peru GDP Growth

Peru Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19602.57-----
19612.90.3312.67 %---
19623.280.3913.336 %---
19633.60.319.559 %---
19644.350.7620.993 %---
19655.160.8118.59 %---
19666.110.9518.323 %---
19676.190.091.396 %---
19685.74-0.46-7.398 %---
19696.420.6811.939 %---
19707.431.0115.75 %---
19718.290.8611.536 %---
19729.190.910.855 %---
197310.991.819.642 %---
197413.862.8626.05 %---
197516.933.0722.172 %---
197616.13-0.8-4.72 %---
197714.54-1.59-9.838 %---
197812.49-2.05-14.115 %---
197915.953.4627.715 %---
198018.142.1813.682 %---
198121.653.5119.36 %---
198221.790.150.676 %---
198317.35-4.45-20.415 %---
198417.60.261.471 %---
198515.08-2.52-14.327 %---
198621.866.7844.969 %---
198736.8915.0368.759 %---
198815.44-21.45-58.147 %---
198922.57.0645.728 %---
199026.413.9117.382 %74.12--
199134.347.9330.03 %78.324.215.676 %
199235.971.624.731 %79.671.351.726 %
199334.83-1.13-3.154 %85.846.177.738 %
199444.8810.0528.853 %98.4612.6214.706 %
199553.318.4318.784 %107.989.519.663 %
199655.251.943.638 %113.035.064.681 %
199758.152.95.24 %122.439.48.313 %
199855.5-2.65-4.551 %123.320.890.729 %
199950.19-5.31-9.575 %126.943.612.931 %
200051.741.563.103 %133.316.375.021 %
200152.030.290.552 %137.153.842.884 %
200254.782.755.28 %146.889.737.093 %
200358.733.957.217 %156.029.146.221 %
200466.778.0413.686 %168.1612.147.78 %
200576.069.2913.917 %184.3316.179.618 %
200688.6412.5816.543 %204.3219.9910.845 %
2007102.1713.5315.261 %227.7323.4111.458 %
2008120.5518.3817.989 %253.3125.5711.229 %
2009120.820.270.226 %257.664.351.719 %
2010147.5326.7122.103 %282.5224.869.649 %
2011171.7624.2316.427 %306.624.078.521 %
2012192.6520.8912.161 %317.8811.283.68 %
2013201.188.534.426 %336.6618.785.909 %
2014200.79-0.39-0.194 %346.8710.213.031 %
2015189.8-10.98-5.47 %353.326.451.861 %
2016191.92.11.104 %372.4519.135.415 %
2017211.0119.119.958 %394.4421.985.902 %
2018222.611.595.492 %417.1622.735.762 %
2019228.355.752.583 %440.1322.965.505 %
2020201.41-26.94-11.796 %412.56-27.57-6.263 %
2021226.3324.9212.372 %506.6494.0822.804 %
2022246.0719.748.72 %558.0151.3710.139 %
2023266.9620.898.491 %575.7617.753.181 %
2024289.2222.268.339 %609.1633.45.802 %

Peru Economic Phases (1960 - 2024)

From 1960 to 2024, Peru economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1961–1966) indicating robust economic expansion
  • High Growth (1969–1975) indicating robust economic expansion
  • Contraction (1976–1977) indicating temporary slowdown
  • High Growth (1979–1981) indicating robust economic expansion
  • High Growth (1986–1987) indicating robust economic expansion
  • High Growth (1989–1991) indicating robust economic expansion
  • High Growth (1994–1995) indicating robust economic expansion
  • Contraction (1998–1999) indicating temporary slowdown
  • Expansion (2000–2001) indicating steady moderate growth
  • High Growth (2002–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • Contraction (2014–2015) indicating temporary slowdown
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1987 with an increase of 68.759%, while the largest decline was in 1988 at -58.147%.