Peru Labour Productivity Growth
2002 - 2022 | Yearly | % | CEIC Data
Key information about Peru Labour Productivity Growth
- Peru Labour Productivity improved by 1.00 % YoY in Dec 2022, compared with a drop of 1.28 % in the previous year
- Peru Labour Productivity Growth data is updated yearly, available from Dec 2002 to Dec 2022, averaging at 2.48 %
- The data reached an all-time high of 7.15 % in Dec 2008 and a record low of -2.35 % in Dec 2003
CEIC calculates Labour Productivity Growth from quarterly Real GDP and annual Employment. The Central Reserve Bank of Peru provides Real GDP in local currency, at 2007 prices. The National Institute of Statistics and Information Science provides Employment.
Further information about Peru Labour Productivity Growth
- In the latest reports, Peru Population reached 32.82 Person mn in Jun 2020
- Its Unemployment Rate dropped to 7.69 % in Apr 2024
- Monthly Earnings of Peru stood at 540.35 USD in Apr 2024
- The country's Labour Force Participation Rate increased to 72.41 % in Dec 2022
View Peru's Labour Productivity Growth from 2002 to 2022 in the chart:
What was Peru's Labour Productivity Growth in 2022?
Peru Labour Productivity improved by 1.00 % YoY in Dec 2022, compared with a drop of 1.28 % in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.00 2022 | -1.28 2021 | -2.35 2003 | 7.15 2008 | % | yearly | 2002 - 2022 |
Labour Productivity Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 0.65 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | 0.71 2023 | yearly | 1992 - 2023 |
| Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
| Armenia (%) | 7.87 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| Australia (%) | -1.70 Jun 2024 | quarterly | Jun 1979 - Jun 2024 |
| Austria (%) | -2.26 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Azerbaijan (%) | 2.70 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| Bahrain (%) | -4.05 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 4.20 2023 | yearly | 1992 - 2023 |
| Belarus (%) | 2.66 Mar 2024 | quarterly | Mar 2006 - Mar 2024 |
| Belgium (%) | 0.58 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
| Bosnia and Herzegovina (%) | -1.22 2023 | yearly | 2007 - 2023 |
| Botswana (%) | 7.29 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 1.52 2023 | yearly | 1992 - 2023 |
| Brunei (%) | -1.49 2023 | yearly | 1992 - 2023 |
| Bulgaria (%) | 0.59 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
| Canada (%) | -1.26 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
| Chile (%) | -1.69 Jun 2024 | quarterly | Mar 1987 - Jun 2024 |
| China (%) | 4.27 2023 | yearly | 1953 - 2023 |
| Colombia (%) | -0.32 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| Croatia (%) | 0.05 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
| Cyprus (%) | 3.01 Mar 2024 | quarterly | Jun 2005 - Mar 2024 |
| Czech Republic (%) | -1.14 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Denmark (%) | 2.47 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ecuador (%) | 0.24 2022 | yearly | 1992 - 2022 |
| Egypt (%) | -0.48 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Estonia (%) | -4.05 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | -0.08 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Finland (%) | 0.51 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| France (%) | -0.13 2023 | yearly | 1979 - 2023 |
| Georgia (%) | 3.38 2023 | yearly | 1997 - 2023 |
| Germany (%) | -0.01 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Ghana (%) | 0.65 2023 | yearly | 1992 - 2023 |
| Greece (%) | 1.73 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Hong Kong SAR, China (%) | 3.01 Jun 2024 | quarterly | Dec 1982 - Jun 2024 |
| Hungary (%) | 1.02 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Iceland (%) | -4.90 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| India (%) | 2.38 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
| Iran (%) | 3.00 2023 | yearly | 1992 - 2023 |
| Ireland (%) | -6.54 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Israel (%) | -2.67 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
| Italy (%) | -0.20 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Ivory Coast (%) | 3.12 2023 | yearly | 1992 - 2023 |
| Japan (%) | -1.32 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
| Kazakhstan (%) | 3.91 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Kenya (%) | -2.44 2021 | yearly | 2011 - 2021 |
| South Korea (%) | 1.78 Jun 2024 | quarterly | Sep 1983 - Jun 2024 |
| Kosovo (%) | -6.79 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
| Kyrgyzstan (%) | 7.14 2022 | yearly | 1993 - 2022 |
| Laos (%) | 1.51 2023 | yearly | 1992 - 2023 |
| Latvia (%) | 1.09 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | -0.11 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Luxembourg (%) | -0.40 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Macau SAR, China (%) | 2.61 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| North Macedonia (%) | 0.64 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Malawi (%) | -2.12 2023 | yearly | 1992 - 2023 |
| Malaysia (%) | 3.06 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Malta (%) | -1.72 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Mauritius (%) | 33.41 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Mexico (%) | 0.70 Jun 2024 | quarterly | Jun 1996 - Jun 2024 |
| Moldova (%) | 2.91 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Mongolia (%) | -1.37 Jun 2024 | quarterly | Sep 2007 - Jun 2024 |
| Montenegro (%) | -3.53 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Morocco (%) | 5.86 2021 | yearly | 2000 - 2021 |
| Mozambique (%) | 1.44 2023 | yearly | 1992 - 2023 |
| Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
| Nepal (%) | -0.24 2023 | yearly | 1992 - 2023 |
| Netherlands (%) | -1.74 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| New Zealand (%) | -0.87 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | 3.63 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Oman (%) | -4.24 2023 | yearly | 1999 - 2023 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
| Panama (%) | 4.33 2023 | yearly | 1992 - 2023 |
| Paraguay (%) | 1.57 Mar 2024 | quarterly | Mar 2018 - Mar 2024 |
| Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 1.98 2023 | yearly | 1992 - 2023 |
| Poland (%) | 4.87 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Portugal (%) | 0.33 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
| Romania (%) | -2.91 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
| Serbia (%) | 3.42 Mar 2024 | quarterly | Mar 2015 - Mar 2024 |
| Singapore (%) | 1.50 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Slovakia (%) | 1.87 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Slovenia (%) | 0.41 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| South Africa (%) | -1.50 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Spain (%) | 1.27 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Sri Lanka (%) | 9.27 Mar 2024 | quarterly | Jun 2013 - Mar 2024 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 1.51 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Switzerland (%) | 1.46 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
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Learn more about what we doPeru Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.8 Jun 2024 | quarterly | Dec 1990 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -731.198 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Tax Revenue (USD mn) | 3,203.936 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
| Tax Revenue: % of GDP (%) | 15.2 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| National Government Debt (USD mn) | 88,292.3 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Government Debt: % of GDP (%) | 32.7 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Forecast: Government Expenditure (PEN bn) | 271.687 2028 | yearly | 2000 - 2028 |
| Forecast: Government Net Debt (PEN bn) | 414.146 2029 | yearly | 2000 - 2029 |
| Forecast: Government Revenue (PEN bn) | 268.579 2028 | yearly | 2000 - 2028 |
| Public Debt: Domestic: Short Term (ST) (PEN mn) | 9,592.984 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Public Debt: Domestic: Long Term (LT) (PEN mn) | 162,540.669 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Public Debt (PEN mn) | 338,336.000 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Public Debt: Domestic (PEN mn) | 172,133.653 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Public Debt: External (PEN mn) | 166,202.347 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.721 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2,466.4 Jun 2024 | monthly | Jan 1985 - Jun 2024 |
| Total Exports (USD mn) | 5,620.3 Sep 2023 | monthly | Jan 2012 - Sep 2023 |
| Total Exports Growth (%) | 12.3 Jun 2024 | monthly | Jan 1986 - Jun 2024 |
| Aluminum: Exports (USD th) | 12,614.130 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 54,846.860 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 7,258.527 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 4,420.2 Sep 2023 | monthly | Jan 2012 - Sep 2023 |
| Total Imports Growth (%) | -5.8 Jun 2024 | monthly | Jan 1986 - Jun 2024 |
| Imports: Medicament (USD th) | 862,374.086 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 600,670.183 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 854.000 Jul 2024 | monthly | Nov 2003 - Jul 2024 |
| Total Imports from USA (USD mn) | 923.000 Jul 2024 | monthly | Jan 2004 - Jul 2024 |
| Total Exports to China (USD mn) | 2,672.000 Jul 2024 | monthly | Sep 2003 - Jul 2024 |
| Total Imports from China (USD mn) | 1,312.000 Jul 2024 | monthly | Jan 2004 - Jul 2024 |
| Exports: 2007p (USD th) | 3,837,345.34 Apr 2018 | monthly | Jan 2008 - Apr 2018 |
| Imports: 2007p (USD th) | 3,175,235.60 Apr 2018 | monthly | Jan 2008 - Apr 2018 |
| Exports: MINCETUR: South Korea (USD mn) | 271.00 May 2018 | monthly | Sep 2003 - May 2018 |
| Exports: America: NAFTA: USA (USD mn) | 854.000 Jul 2024 | monthly | Sep 2003 - Jul 2024 |
| Exports: Asia: China (USD mn) | 2,672.000 Jul 2024 | monthly | Sep 2003 - Jul 2024 |
| Exports: Asia: Japan (USD mn) | 319.000 Jul 2024 | monthly | Sep 2003 - Jul 2024 |
| Imports: MINCETUR: NAFTA: Mexico (USD mn) | 165.00 May 2018 | monthly | Sep 2003 - May 2018 |
| Imports: MINCETUR: NAFTA: Canada (USD mn) | 51.00 May 2018 | monthly | Sep 2003 - May 2018 |
| Imports: MINCETUR: India (USD mn) | 89.00 May 2018 | monthly | Sep 2003 - May 2018 |
| Imports: America: NAFTA: USA (USD mn) | 923.000 Jul 2024 | monthly | Sep 2003 - Jul 2024 |
| Imports: Asia: China (USD mn) | 1,312.000 Jul 2024 | monthly | Sep 2003 - Jul 2024 |
| Import Value Index (2015=100) | 134.138 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 177.207 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.8 Jul 2024 | monthly | Dec 2004 - Jul 2024 |
| Household Debt: % of GDP (%) | 16.5 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Money Supply M1 (USD mn) | 75,835.793 Jul 2024 | monthly | Jan 1992 - Jul 2024 |
| Money Supply M2 (USD mn) | 129,635.749 Jul 2024 | monthly | Jan 1992 - Jul 2024 |
| M2 Growth (%) | 9.8 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
| Reserve Requirement Ratio (%) | 5.5 Aug 2024 | monthly | Apr 1997 - Aug 2024 |
| Foreign Exchange Reserves (USD mn) | 68,167.0 Jul 2024 | monthly | Dec 1956 - Jul 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 23.676 Jun 2024 | quarterly | Dec 1990 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 16.9 Jun 2024 | monthly | Jan 1985 - Jun 2024 |
| Gold Reserves (USD mn) | 2,727.000 Jul 2024 | monthly | Dec 1956 - Jul 2024 |
| Total Deposits (USD mn) | 95,126.072 Jul 2024 | monthly | Jan 1998 - Jul 2024 |
| Total Deposits Growth (%) | 8.0 Jul 2024 | monthly | Jan 1999 - Jul 2024 |
| Domestic Credit (USD mn) | 60,739.9 Jul 2024 | monthly | Jan 1992 - Jul 2024 |
| Domestic Credit Growth (%) | 17.5 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
| Household Debt (USD mn) | 45,477.0 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
| Total Loans (USD mn) | 94,072.346 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
| Total Loans Growth (%) | 0.23 Jul 2024 | monthly | Jan 2002 - Jul 2024 |
| Private Debt: % of Nominal GDP (%) | 35.46 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Official Reserve Assets (ORA) (USD mn) | 73,755.000 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
| ORA: Foreign Currency Reserves in Convertible Foreign Currencies (FCR) (USD mn) | 68,164.000 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
| Depository Corporations: Broad Money (PEN mn) | 288,389.11 Jun 2018 | monthly | Jan 1992 - Jun 2018 |
| Banking System: Net Domestic Credit (PEN mn) | 116,956.557 Jun 2018 | monthly | Jan 1992 - Jun 2018 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 15.7 Aug 2024 | monthly | Apr 2003 - Aug 2024 |
| BCRP Forecast: Consumer Price Index: YoY (%) | 2.500 2020 | yearly | 2016 - 2020 |
| Macroeconomic Outlook Survey: Business Confidence Index (Point) | 51.931 Aug 2024 | monthly | Apr 2002 - Aug 2024 |
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