Peru GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$8,452.37

Source: world bank Nominal/PPP
Summary:

Peru GDP Per Capita expanded from 1960 to 2024, increasing from $252.80 to $8,452.37 .The compound annual growth rate (CAGR) averaged 5.64% 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 59.09%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.

Latest GDP Per Capita of Peru 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 8,452.37 dollars$ 17,802.42 Int dollars
Growth (YoY)7.161%4.651%
Net Change vs Previous Year$ 564.83 dollars$ 791.19 Int dollars
% of World GDP Per Capita7.62%8.92%
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
1960252.8-----
1961276.6423.849.432 %---
1962304.5427.910.084 %---
1963324.1119.576.426 %---
1964380.9756.8617.543 %---
1965438.9958.0315.231 %---
1966504.8365.8414.997 %---
1967497.58-7.24-1.434 %---
1968447.99-49.59-9.967 %---
1969487.6639.678.855 %---
1970550.4862.8212.883 %---
1971599.0448.568.821 %---
1972646.6847.647.952 %---
1973753.92107.2416.584 %---
1974926.58172.6622.901 %---
19751104.16177.5819.165 %---
19761026.41-77.75-7.041 %---
1977902.86-123.55-12.037 %---
1978756.35-146.51-16.228 %---
1979942.18185.8324.569 %---
19801044.69102.5110.881 %---
19811216.27171.5816.424 %---
19821194.45-21.82-1.794 %---
1983927.26-267.19-22.369 %---
1984917.9-9.36-1.01 %---
1985767.44-150.46-16.392 %---
19861086.61319.1741.59 %---
19871792.3705.6964.944 %---
1988733.3-1059-59.086 %---
19891044.91311.6142.494 %---
19901199.67154.7614.811 %3366.66--
19911527.39327.7227.318 %3483.54116.883.472 %
19921567.4140.022.62 %3472.23-11.31-0.325 %
19931487.67-79.74-5.087 %3666.231945.587 %
19941879.37391.6926.329 %4123.04456.8112.46 %
19952189.53310.1716.504 %4434.67311.637.558 %
19962226.9237.381.707 %4555.77121.12.731 %
19972300.6773.763.312 %4844.1288.336.329 %
19982156.39-144.28-6.271 %4791.41-52.69-1.088 %
19991916.53-239.86-11.123 %4847.455.991.169 %
20001945.4128.881.507 %5011.95164.553.395 %
20011929.57-15.84-0.814 %5086.4274.481.486 %
20022007.3777.84.032 %5382.57296.145.822 %
20032129.44122.076.081 %5656.86274.295.096 %
20042397.25267.8112.577 %6037.52380.666.729 %
20052706.67309.4212.907 %6559.54522.028.646 %
20063129.56422.8915.624 %7213.6654.059.971 %
20073581.09451.5314.428 %7982.05768.4510.653 %
20084197.58616.517.215 %8820.14838.0910.5 %
20094181.19-16.4-0.391 %8916.696.461.094 %
20105072.11890.9321.308 %9713.36796.768.936 %
20115861.36789.2415.56 %10462.58749.227.713 %
20126519.38658.0211.226 %10757.15294.582.816 %
20136746.8227.423.488 %11290.55533.44.959 %
20146667.13-79.67-1.181 %11517.74227.182.012 %
20156231.71-435.42-6.531 %11600.3982.650.718 %
20166217.04-14.68-0.235 %12066.55466.164.018 %
20176736.17519.138.35 %12591.86525.314.353 %
20186978.49242.323.597 %13078.23486.383.863 %
20197037.0158.520.839 %13563.54485.33.711 %
20206133.33-903.68-12.842 %12563.3-1000.23-7.374 %
20216826.2692.8811.297 %15280.552717.2521.628 %
20227350.63524.437.683 %16669.161388.69.087 %
20237887.54536.917.304 %17011.23342.072.052 %
20248452.37564.837.161 %17802.42791.194.651 %

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
  • Contraction (1967–1968) indicating temporary slowdown
  • High Growth (1969–1975) indicating robust economic expansion
  • Crisis (1977–1978) indicating severe economic downturn
  • 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
  • Expansion (1996–1997) indicating steady moderate growth
  • High Growth (2003–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • Contraction (2014–2016) indicating temporary slowdown
  • Expansion (2018–2019) indicating steady moderate growth
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1987 with an increase of 64.944%, while the largest decline was in 1988 at -59.086%.