General Information

The country's main exports are concentrated in minerals such as copper and gold, which represent 59% of export sales. Oil and gas account for 8%.
(Source: SUNAT, Central Bank)

Gross Domestic Product (GDP) % of regional GDP GDP per head

USD 230,300

millions

4.4%

 

USD 7,043

 

Economic Statistics (years 2016 - forecast 2021)

National Accounts 2016 2017 2018 2019 f.2020 f.2021
             
GDP growth (%) 4.1% 2.5% 4.0% 2.2% -8.2% 7.7%
Nominal GDP (USD millions) 194,400 214,200 225,300 230,300 212,800 230,500
GDP per Head (USD) 6,171 6,736 6,997 7,043 6,580 7,299
Inflation (%) 3.2% 1.4% 2.2% 1.9% 1.5% 2.7%
Fiscal Balance (% GDP) -2.3% -3.0% -2.3% -1.6% -12.7% -6.2%
General Govt. gross debt (% GDP) 23.9% 24.9% 25.8% 26.8% 40.4% 41.7%
   

Trade Statistics

 

Foreign Trade - Composition        
           
Exports     Imports    
           
By countries     By countries  
China 26.4%   China   24.6%
US 19.8%   US   21.7%
Switzerland 5.2%   Brazil   5.9%
South Korea 6.2%   Mexico   4.4%
           
By products     By products  
Fuels and mining prod. 51.6%   Manufactures 71.9%
Agricultural products 17.0%   Fuels and mining prod. 16.3%
Manufactures 11.7%   Agricultural products 11.0%
   
Balance of Payments (USD millions) 2016 2017 2018 2019 f.2020 f.2021
             
Exports of Goods 37,081 45,421 49,066 47,689 41,402 47,785
Exports growth (%) 7.7% 22.5% 8.0% -2.8% -13.2% 15.4%
Imports of Goods 35,128 38,722 41,870 41,074 38,183 42,467
Imports growth (%) -5.9% 10.2% 8.1% -1.9% -7.0% 11.2%
Foreign Trade (% GDP) 37% 39% 40% 39% 37% 37%
             
Current Account Balance -5,064 -2,778 -3,822 -3,530 -5,590 -4,702
% GDP -2.6% -1.3% -1.7% -1.5% -2.6% -1.9%
Foreign Direct Investment 6,739 6,861 6,488 8,893 3,113 8,070
% GDP 3.5% 3.2% 2.9% 3.9% 1.4% 3.3%
   

 

Disclaimer

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