Peru Labour Productivity Growth

2002 - 2023 | Yearly | % | CEIC Data

Key information about Peru Labour Productivity Growth

  • Peru Labour Productivity improved by 0.56 % YoY in Dec 2023, compared with a drop of 0.86 % in the previous year
  • Peru Labour Productivity Growth data is updated yearly, available from Dec 2002 to Dec 2023, averaging at 4.54 %
  • 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. Labour Productivity Growth covers covers only urban areas of major cities. Labour Force Participation Growth prior to 2023 is based on National Household Survey (ENAHO) and covers both urban and rural areas nationwide

View Peru's Labour Productivity Growth from 2002 to 2023 in the chart:

Peru Labour Productivity Growth

What was Peru's Labour Productivity Growth in 2023?

Peru Labour Productivity improved by 0.56 % YoY in Dec 2023, compared with a drop of 0.86 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
0.56 2023 -0.86 2022 -2.35 2003 7.15 2008 % yearly 2002 - 2023

Labour Productivity Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.47 Jun 2025 quarterly Jun 1997 - Jun 2025
Algeria (%) 2.05 2024 yearly 1992 - 2024
Argentina (%) 2.32 2024 yearly 1992 - 2024
Armenia (%) 6.51 Jun 2025 quarterly Mar 2009 - Jun 2025
Australia (%) -0.43 Jun 2025 quarterly Jun 1979 - Jun 2025
Austria (%) 0.05 Jun 2025 quarterly Mar 2005 - Jun 2025
Azerbaijan (%) 1.14 Jun 2025 quarterly Mar 2009 - Jun 2025
Bahrain (%) -3.79 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 2.42 2024 yearly 1992 - 2024
Belarus (%) 1.29 Jun 2025 quarterly Mar 2006 - Jun 2025
Belgium (%) -1.01 Jun 2025 quarterly Mar 2000 - Jun 2025
Bolivia (%) -2.79 2024 yearly 2000 - 2024
Bosnia and Herzegovina (%) -0.28 2024 yearly 2007 - 2024
Botswana (%) 7.48 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 0.55 2024 yearly 1992 - 2024
Brunei (%) 1.26 2024 yearly 1992 - 2024
Bulgaria (%) -0.21 Jun 2025 quarterly Mar 2001 - Jun 2025
Cambodia (%) 1.04 2021 yearly 2008 - 2021
Canada (%) 1.27 Sep 2025 quarterly Mar 1977 - Sep 2025
Chile (%) 0.40 Sep 2025 quarterly Mar 1987 - Sep 2025
China (%) 5.84 2024 yearly 1953 - 2024
Colombia (%) 0.86 Sep 2025 quarterly Mar 2002 - Sep 2025
Croatia (%) 3.26 Jun 2025 quarterly Mar 2008 - Jun 2025
Cyprus (%) 0.51 Sep 2025 quarterly Jun 2005 - Sep 2025
Czech Republic (%) 1.52 Sep 2025 quarterly Mar 1997 - Sep 2025
Denmark (%) 2.54 Sep 2025 quarterly Mar 1991 - Sep 2025
Ecuador (%) -2.72 2024 yearly 1992 - 2024
Egypt (%) -2.73 Sep 2025 quarterly Mar 2004 - Sep 2025
Estonia (%) 1.64 Jun 2025 quarterly Mar 1996 - Jun 2025
European Union (%) 0.64 Jun 2025 quarterly Mar 2006 - Jun 2025
Finland (%) 0.76 Sep 2025 quarterly Mar 1991 - Sep 2025
France (%) 0.44 2024 yearly 1979 - 2024
Georgia (%) 4.37 2024 yearly 1997 - 2024
Germany (%) 0.35 Sep 2025 quarterly Mar 1992 - Sep 2025
Ghana (%) 3.70 2024 yearly 1992 - 2024
Greece (%) 1.20 Jun 2025 quarterly Mar 1996 - Jun 2025
Hong Kong SAR, China (%) 4.31 Sep 2025 quarterly Dec 1982 - Sep 2025
Hungary (%) 1.18 Jun 2025 quarterly Mar 1999 - Jun 2025
Iceland (%) -0.13 Jun 2025 quarterly Mar 2004 - Jun 2025
India (%) 3.39 2023 yearly 1992 - 2023
Indonesia (%) 1.55 2024 yearly 2001 - 2024
Iran (%) 2.38 2024 yearly 1992 - 2024
Ireland (%) 9.27 Sep 2025 quarterly Mar 1999 - Sep 2025
Israel (%) 2.61 Sep 2025 quarterly Mar 2013 - Sep 2025
Italy (%) 0.03 Sep 2025 quarterly Mar 1997 - Sep 2025
Ivory Coast (%) 2.78 2024 yearly 1992 - 2024
Japan (%) 0.47 Sep 2025 quarterly Mar 1995 - Sep 2025
Jordan (%) 2.45 2023 yearly 2001 - 2023
Kazakhstan (%) 6.30 Jun 2025 quarterly Mar 2002 - Jun 2025
Kenya (%) 1.38 2024 yearly 2011 - 2024
South Korea (%) 0.91 Sep 2025 quarterly Sep 1983 - Sep 2025
Kosovo (%) 10.87 Dec 2024 quarterly Mar 2017 - Dec 2024
Kuwait (%) -4.93 2024 yearly 1992 - 2024
Kyrgyzstan (%) 5.93 2023 yearly 1993 - 2023
Laos (%) 2.17 2024 yearly 1992 - 2024
Latvia (%) 1.09 Sep 2025 quarterly Mar 2003 - Sep 2025
Lebanon (%) -1.95 2023 yearly 1992 - 2023
Lithuania (%) 2.40 Sep 2025 quarterly Mar 1996 - Sep 2025
Luxembourg (%) -1.06 Jun 2025 quarterly Mar 1996 - Jun 2025
Macau SAR, China (%) 9.10 Sep 2025 quarterly Mar 2002 - Sep 2025
North Macedonia (%) 1.95 Jun 2025 quarterly Mar 2005 - Jun 2025
Malawi (%) -1.32 2024 yearly 1992 - 2024
Malaysia (%) 1.99 Sep 2025 quarterly Mar 2001 - Sep 2025
Malta (%) -1.67 Jun 2025 quarterly Dec 2001 - Jun 2025
Mauritius (%) 6.26 Mar 2025 quarterly Mar 2005 - Mar 2025
Mexico (%) -0.13 Sep 2025 quarterly Jun 1996 - Sep 2025
Moldova (%) 10.49 Jun 2025 quarterly Mar 2001 - Jun 2025
Mongolia (%) 3.94 Sep 2025 quarterly Sep 2007 - Sep 2025
Montenegro (%) 5.12 Jun 2025 quarterly Mar 2009 - Jun 2025
Morocco (%) 3.00 2024 yearly 2000 - 2024
Mozambique (%) -1.48 2024 yearly 1992 - 2024
Myanmar (%) -43.15 2022 yearly 1992 - 2022
Nepal (%) 3.63 2024 yearly 1992 - 2024
Netherlands (%) 1.30 Sep 2025 quarterly Mar 1996 - Sep 2025
New Zealand (%) 1.23 Jun 2025 quarterly Jun 1988 - Jun 2025
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 1.45 Sep 2025 quarterly Mar 1996 - Sep 2025
Oman (%) 2.12 2024 yearly 1999 - 2024
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 0.72 Jun 2025 quarterly Dec 2009 - Jun 2025
Panama (%) 1.18 2024 yearly 1992 - 2024
Paraguay (%) 1.45 Jun 2025 quarterly Mar 2018 - Jun 2025
Peru (%) 0.56 2023 yearly 2002 - 2023
Philippines (%) 4.32 2024 yearly 1992 - 2024
Poland (%) 3.00 Sep 2025 quarterly Dec 1999 - Sep 2025
Portugal (%) -0.48 Sep 2025 quarterly Mar 1996 - Sep 2025
Qatar (%) -2.08 2024 yearly 2012 - 2024
Romania (%) 7.19 Jun 2025 quarterly Mar 1996 - Jun 2025
Russia (%) 0.74 Jun 2025 quarterly Mar 1996 - Jun 2025
Saudi Arabia (%) -7.72 2024 yearly 1971 - 2024
Serbia (%) 2.51 Jun 2025 quarterly Mar 2015 - Jun 2025
Singapore (%) 2.70 Sep 2025 quarterly Mar 1986 - Sep 2025
Slovakia (%) 0.94 Jun 2025 quarterly Mar 1996 - Jun 2025
Slovenia (%) 2.16 Sep 2025 quarterly Mar 1996 - Sep 2025
South Africa (%) 1.40 Sep 2025 quarterly Mar 2009 - Sep 2025
Spain (%) 0.06 Sep 2025 quarterly Mar 1996 - Sep 2025
Sri Lanka (%) 2.51 Jun 2025 quarterly Jun 2013 - Jun 2025
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 2.35 Sep 2025 quarterly Mar 1994 - Sep 2025
Switzerland (%) 0.19 Sep 2025 quarterly Mar 2011 - Sep 2025

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Peru Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.5 Sep 2025 quarterly Dec 1990 - Sep 2025
Consolidated Fiscal Balance (USD mn) -3,777.337 Sep 2025 quarterly Mar 1990 - Sep 2025
Tax Revenue (USD mn) 4,283.986 Oct 2025 monthly Jan 2003 - Oct 2025
Tax Revenue: % of GDP (%) 13.7 Sep 2025 quarterly Mar 1990 - Sep 2025
National Government Debt (USD mn) 105,081.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Government Debt: % of GDP (%) 31.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Forecast: Government Expenditure (PEN bn) 304.257 2030 yearly 2000 - 2030
Forecast: Government Net Debt (PEN bn) 520.708 2030 yearly 2000 - 2030
Forecast: Government Revenue (PEN bn) 287.272 2030 yearly 2000 - 2030
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.721 2028 yearly 1980 - 2028
Trade Balance (USD mn) 3,654.0 Sep 2025 monthly Jan 1985 - Sep 2025
Total Exports (USD mn) 8,464.1 Sep 2025 monthly Jan 2012 - Sep 2025
Total Exports Growth (%) 23.0 Sep 2025 monthly Jan 1986 - Sep 2025
Aluminum: Exports (USD th) 16,678.809 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 87,486.837 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 13,454.458 2024 yearly 1995 - 2024
Total Imports (USD mn) 4,810.0 Sep 2025 monthly Jan 2012 - Sep 2025
Total Imports Growth (%) 11.7 Sep 2025 monthly Jan 1986 - Sep 2025
Imports: Medicament (USD th) 673,237.828 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 1,010,993.031 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 981.000 Sep 2025 monthly Nov 2003 - Sep 2025
Total Imports from USA (USD mn) 703.000 Sep 2025 monthly Jan 2004 - Sep 2025
Total Exports to China (USD mn) 2,177.000 Sep 2025 monthly Sep 2003 - Sep 2025
Total Imports from China (USD mn) 1,546.000 Sep 2025 monthly Jan 2004 - Sep 2025
Imports: 2007p (USD th) 3,175,235.60 Apr 2018 monthly Jan 2008 - Apr 2018
Exports: 2007p (USD th) 3,837,345.34 Apr 2018 monthly Jan 2008 - Apr 2018
Exports: MINCETUR: South Korea (USD mn) 271.00 May 2018 monthly Sep 2003 - May 2018
Exports: Asia: Japan (USD mn) 172.000 Jan 2025 monthly Sep 2003 - Jan 2025
Exports: Asia: China (USD mn) 2,535.000 Jan 2025 monthly Sep 2003 - Jan 2025
Exports: America: NAFTA: USA (USD mn) 989.000 Jan 2025 monthly Sep 2003 - Jan 2025
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: MINCETUR: NAFTA: Mexico (USD mn) 165.00 May 2018 monthly Sep 2003 - May 2018
Imports: America: NAFTA: USA (USD mn) 949.000 Jan 2025 monthly Sep 2003 - Jan 2025
Imports: Asia: China (USD mn) 1,453.000 Jan 2025 monthly Sep 2003 - Jan 2025
Export Value Index (2015=100) 177.207 2021 yearly 1980 - 2021
Import Value Index (2015=100) 134.138 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 684.9 Sep 2025 quarterly Mar 1980 - Sep 2025
Current Account Balance (USD mn) 2,455.1 Sep 2025 quarterly Mar 1977 - Sep 2025
Current Account Balance: % of GDP (%) 2.8 Sep 2025 quarterly Mar 1990 - Sep 2025
Foreign Direct Investment (USD mn) 3,081.2 Sep 2025 quarterly Mar 1977 - Sep 2025
Foreign Direct Investment: % of GDP (%) 3.6 Sep 2025 quarterly Mar 1990 - Sep 2025
Foreign Portfolio Investment (USD mn) -417.589 Sep 2025 quarterly Mar 1993 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) -0.5 Sep 2025 quarterly Mar 1993 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 17.5 Sep 2025 quarterly Mar 1993 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -435.072 Sep 2025 quarterly Mar 1993 - Sep 2025
External Debt (USD mn) 115,113.6 Sep 2025 quarterly Mar 2012 - Sep 2025
External Debt: % of GDP (%) 36.7 2024 yearly 1980 - 2024
External Debt: Short Term (USD mn) 9,485.4 Sep 2025 quarterly Mar 2012 - Sep 2025
External Debt: Short Term: % of GDP (%) 3.2 2024 yearly 1980 - 2024
Forecast: Current Account Balance (USD bn) -5.570 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -96,502.438 Sep 2025 quarterly Mar 1980 - Sep 2025
BoP: Financial Account: Private Sector: Liabilities: Direct Investment (USD mn) 613.137 Dec 2018 quarterly Mar 1980 - Dec 2018
Public External Debt: USD: Net (USD mn) -44.185 Dec 2024 quarterly Mar 1999 - Dec 2024
Foreign Direct Investment: Stock: Spain (USD mn) 5,227.562 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Chile (USD mn) 3,623.355 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: United Kingdom (USD mn) 6,339.580 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Netherlands (USD mn) 1,272.753 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: USA (USD mn) 3,236.581 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Communications (USD mn) 5,521.385 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Energy (USD mn) 3,501.445 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Mining (USD mn) 6,916.809 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Finance (USD mn) 6,623.767 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Industry (USD mn) 3,442.074 2023 yearly 1980 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Sep 2025 monthly Dec 2004 - Sep 2025
Household Debt: % of GDP (%) 15.3 Sep 2025 quarterly Mar 2001 - Sep 2025
Money Supply M1 (USD mn) 89,723.122 Oct 2025 monthly Jan 1992 - Oct 2025
Money Supply M2 (USD mn) 152,730.371 Oct 2025 monthly Jan 1992 - Oct 2025
M2 Growth (%) 2.4 Oct 2025 monthly Jan 1993 - Oct 2025
Reserve Requirement Ratio (%) 5.5 Oct 2025 monthly Apr 1997 - Oct 2025
Foreign Exchange Reserves (USD mn) 77,454.0 Sep 2025 monthly Dec 1956 - Sep 2025
Foreign Exchange Reserves: % of GDP (%) 24.077 Sep 2025 quarterly Dec 1990 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 16.1 Sep 2025 monthly Jan 1985 - Sep 2025
Gold Reserves (USD mn) 4,300.000 Sep 2025 monthly Dec 1956 - Sep 2025
Total Deposits (USD mn) 108,513.845 Sep 2025 monthly Jan 1998 - Sep 2025
Total Deposits Growth (%) 3.6 Sep 2025 monthly Jan 1999 - Sep 2025
Domestic Credit (USD mn) 67,977.3 Sep 2025 monthly Jan 1992 - Sep 2025
Domestic Credit Growth (%) 11.3 Sep 2025 monthly Jan 1993 - Sep 2025
Household Debt (USD mn) 53,901.9 Oct 2025 monthly Jan 2001 - Oct 2025
Total Loans (USD mn) 105,672.105 Sep 2025 monthly Jan 2001 - Sep 2025
Total Loans Growth (%) 5.22 Sep 2025 monthly Jan 2002 - Sep 2025
Private Debt: % of Nominal GDP (%) 31.70 Sep 2025 quarterly Mar 1992 - Sep 2025
Official Reserve Assets (ORA) (USD mn) 78,506.000 Dec 2024 monthly Jan 2001 - Dec 2024
ORA: Foreign Currency Reserves in Convertible Foreign Currencies (FCR) (USD mn) 72,680.000 Dec 2024 monthly Jan 2001 - Dec 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) 8.3 Oct 2025 monthly Apr 2003 - Oct 2025
BCRP Forecast: Consumer Price Index: YoY (%) 2.500 2020 yearly 2016 - 2020
Macroeconomic Outlook Survey: Business Confidence Index (Point) 54.545 Feb 2025 monthly Apr 2002 - Feb 2025

More Indicators for Peru

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data