Peru Labour Productivity Growth

2002 - 2020 | Yearly | % | CEIC Data

Key information about Peru Labour Productivity Growth

  • Peru Labour Productivity improved by 2.31 % YoY in Dec 2020, compared with a growth of 0.02 % in the previous year
  • Peru Labour Productivity Growth data is updated yearly, available from Dec 2002 to Dec 2020, averaging at 3.11 %
  • 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 increased to 15.28 % in Mar 2021
  • Monthly Earnings of Peru stood at 391.58 USD in Sep 2021
  • The country's Labour Force Participation Rate increased to 72.74 % in Dec 2019

View Peru's Labour Productivity Growth from 2002 to 2020 in the chart:

Peru Labour Productivity Growth

What was Peru's Labour Productivity Growth in 2020?

Peru Labour Productivity improved by 2.31 % YoY in Dec 2020, compared with a growth of 0.02 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.31 2020 0.02 2019 -2.35 2003 7.15 2008 % yearly 2002 - 2020

Labour Productivity Growth by Country Comparison

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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 3.85 Dec 2020 quarterly Mar 2010 - Dec 2020
Algeria (%) -0.29 2019 yearly 1992 - 2019
Argentina (%) -2.96 2019 yearly 1992 - 2019
Armenia (%) 16.98 Jun 2021 quarterly Mar 2009 - Jun 2021
Australia (%) 2.98 Jun 2021 quarterly Jun 1979 - Jun 2021
Austria (%) -4.08 Dec 2020 quarterly Mar 2005 - Dec 2020
Azerbaijan (%) 4.51 Jun 2021 quarterly Mar 2009 - Jun 2021
Bahrain (%) 6.24 Mar 2021 quarterly Mar 2009 - Mar 2021
Bangladesh (%) 6.05 2019 yearly 1992 - 2019
Belarus (%) 1.84 Mar 2021 quarterly Mar 2006 - Mar 2021
Belgium (%) 13.54 Jun 2021 quarterly Mar 2000 - Jun 2021
Bolivia (%) 6.71 2017 yearly 2000 - 2017
Bosnia and Herzegovina (%) 2.94 2018 yearly 2007 - 2018
Botswana (%) -3.09 Dec 2020 quarterly Sep 2008 - Dec 2020
Brazil (%) 5.33 2020 yearly 1992 - 2020
Brunei (%) 3.22 2019 yearly 1992 - 2019
Bulgaria (%) 6.43 Jun 2021 quarterly Mar 2001 - Jun 2021
Cambodia (%) 5.07 2017 yearly 2008 - 2017
Canada (%) 0.63 Jun 2021 quarterly Mar 1977 - Jun 2021
Chile (%) 2.43 Sep 2021 quarterly Mar 1987 - Sep 2021
China (%) 2.82 2020 yearly 1953 - 2020
Colombia (%) 1.91 Sep 2021 quarterly Mar 2002 - Sep 2021
Croatia (%) 0.57 Mar 2021 quarterly Mar 2008 - Mar 2021
Cyprus (%) 10.67 Jun 2021 quarterly Jun 2005 - Jun 2021
Czech Republic (%) 9.65 Jun 2021 quarterly Dec 2004 - Jun 2021
Denmark (%) 6.50 Jun 2021 quarterly Mar 1991 - Jun 2021
Ecuador (%) 0.54 2020 yearly 1992 - 2020
Egypt (%) -3.80 Jun 2021 quarterly Mar 2004 - Jun 2021
Estonia (%) 13.03 Jun 2021 quarterly Mar 1996 - Jun 2021
European Union (%) 12.34 Jun 2021 quarterly Mar 2006 - Jun 2021
Finland (%) 4.17 Jun 2021 quarterly Mar 1991 - Jun 2021
France (%) -6.98 2020 yearly 1979 - 2020
Georgia (%) -2.07 2020 yearly 1997 - 2020
Germany (%) 9.82 Jun 2021 quarterly Mar 1992 - Jun 2021
Ghana (%) 3.90 2019 yearly 1992 - 2019
Greece (%) 15.73 Jun 2021 quarterly Mar 1996 - Jun 2021
Hong Kong SAR, China (%) 4.26 Sep 2021 quarterly Dec 1982 - Sep 2021
Hungary (%) 16.09 Jun 2021 quarterly Mar 1999 - Jun 2021
Iceland (%) 3.29 Jun 2021 quarterly Mar 2004 - Jun 2021
India (%) 2.63 2019 yearly 1992 - 2019
Indonesia (%) -3.55 2020 yearly 2001 - 2020
Iran (%) -9.20 2019 yearly 1992 - 2019
Ireland (%) 10.71 Jun 2021 quarterly Mar 1999 - Jun 2021
Israel (%) 0.92 Dec 2020 quarterly Mar 2013 - Dec 2020
Italy (%) 2.32 Sep 2021 quarterly Mar 1997 - Sep 2021
Ivory Coast (%) 3.20 2019 yearly 1992 - 2019
Japan (%) 1.06 Sep 2021 quarterly Mar 1995 - Sep 2021
Jordan (%) 0.44 2017 yearly 2001 - 2017
Kazakhstan (%) 4.62 Jun 2021 quarterly Mar 2002 - Jun 2021
Kenya (%) 1.01 2019 yearly 2011 - 2019
South Korea (%) 1.81 Sep 2021 quarterly Sep 1983 - Sep 2021
Kosovo (%) -4.03 Sep 2020 quarterly Mar 2017 - Sep 2020
Kuwait (%) -1.25 2019 yearly 1996 - 2019
Kyrgyzstan (%) -8.71 2020 yearly 1993 - 2020
Laos (%) 2.62 2019 yearly 1992 - 2019
Latvia (%) 14.77 Jun 2021 quarterly Mar 2003 - Jun 2021
Lebanon (%) -8.30 2019 yearly 1992 - 2019
Lithuania (%) 7.60 Jun 2021 quarterly Mar 1996 - Jun 2021
Luxembourg (%) 7.99 Jun 2021 quarterly Mar 1996 - Jun 2021
Macau SAR, China (%) 38.68 Sep 2021 quarterly Mar 2002 - Sep 2021
North Macedonia (%) 12.84 Jun 2021 quarterly Mar 2005 - Jun 2021
Malawi (%) -0.76 2020 yearly 1992 - 2020
Malaysia (%) -5.60 Sep 2021 quarterly Mar 2001 - Sep 2021
Malta (%) 9.83 Jun 2021 quarterly Dec 2001 - Jun 2021
Mauritius (%) 4.25 Mar 2021 quarterly Mar 2005 - Mar 2021
Mexico (%) -3.22 Jun 2021 quarterly Jun 1996 - Jun 2021
Moldova (%) 18.48 Jun 2021 quarterly Mar 2001 - Jun 2021
Mongolia (%) 2.57 Sep 2021 quarterly Sep 2007 - Sep 2021
Montenegro (%) 38.71 Jun 2021 quarterly Mar 2011 - Jun 2021
Morocco (%) -2.45 2020 yearly 2000 - 2020
Mozambique (%) -1.00 2019 yearly 1992 - 2019
Myanmar (%) -3.90 2020 yearly 1992 - 2020
Nepal (%) 3.56 2019 yearly 1992 - 2019
Netherlands (%) 2.31 Sep 2021 quarterly Mar 1996 - Sep 2021
New Zealand (%) 15.14 Jun 2021 quarterly Jun 1988 - Jun 2021
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 1.99 Sep 2021 quarterly Mar 1996 - Sep 2021
Oman (%) 2.52 2019 yearly 1999 - 2019
Pakistan (%) -2.54 2019 yearly 2001 - 2019
Palestinian Territory (%) -8.01 Dec 2020 quarterly Jun 2013 - Dec 2020
Panama (%) 0.80 2019 yearly 1992 - 2019
Paraguay (%) 1.41 Dec 2020 quarterly Mar 2018 - Dec 2020
Peru (%) 2.31 2020 yearly 2002 - 2020
Philippines (%) -5.57 2020 yearly 1992 - 2020
Poland (%) -3.11 Dec 2020 quarterly Dec 1999 - Dec 2020
Portugal (%) 11.74 Jun 2021 quarterly Mar 1996 - Jun 2021
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 23.10 Jun 2021 quarterly Mar 1996 - Jun 2021
Russia (%) 8.31 Jun 2021 quarterly Mar 1996 - Jun 2021
Saudi Arabia (%) -3.59 2020 yearly 1971 - 2020
Serbia (%) -0.49 Dec 2020 quarterly Mar 2015 - Dec 2020
Singapore (%) 16.70 Jun 2021 quarterly Mar 1986 - Jun 2021
Slovakia (%) 8.27 Jun 2021 quarterly Mar 1996 - Jun 2021
Slovenia (%) 14.76 Jun 2021 quarterly Mar 1996 - Jun 2021
South Africa (%) 12.93 Jun 2021 quarterly Mar 2009 - Jun 2021
Spain (%) 12.52 Jun 2021 quarterly Mar 1996 - Jun 2021
Sri Lanka (%) 10.84 Jun 2021 quarterly Jun 2013 - Jun 2021
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 9.61 Jun 2021 quarterly Mar 1994 - Jun 2021
Switzerland (%) -1.72 Dec 2020 quarterly Mar 2011 - Dec 2020

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Peru Key Series

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Includes 203 key indicators for Peru, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.4 Dec 2020 quarterly Dec 1990 - Dec 2020
Consolidated Fiscal Balance (USD mn) -9,132.604 Dec 2020 quarterly Mar 1990 - Dec 2020
Tax Revenue (USD mn) 3,104.408 Mar 2021 monthly Jan 2003 - Mar 2021
Tax Revenue: % of GDP (%) 16.8 Mar 2021 quarterly Mar 1990 - Mar 2021
National Government Debt (USD mn) 71,068.9 Sep 2021 quarterly Mar 1999 - Sep 2021
Government Debt: % of GDP (%) 35.0 Dec 2020 quarterly Mar 1999 - Dec 2020
Forecast: Government Expenditure (PEN bn) 247.698 2026 yearly 2000 - 2026
Forecast: Government Net Debt (PEN bn) 495.047 2026 yearly 2000 - 2026
Forecast: Government Revenue (PEN bn) 216.609 2026 yearly 2000 - 2026
Public Debt: Domestic: Short Term (ST) (PEN mn) 3,984.247 Sep 2021 quarterly Mar 1999 - Sep 2021
Public Debt: Domestic (PEN mn) 138,179.276 Sep 2021 quarterly Mar 1999 - Sep 2021
Public Debt: Domestic: Long Term (LT) (PEN mn) 134,195.029 Sep 2021 quarterly Mar 1999 - Sep 2021
Public Debt (PEN mn) 293,798.967 Sep 2021 quarterly Mar 1999 - Sep 2021
Public Debt: External (PEN mn) 155,619.691 Sep 2021 quarterly Mar 1999 - Sep 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.996 2026 yearly 1980 - 2026
Trade Balance (USD mn) 1,590.2 Sep 2021 monthly Jan 1957 - Sep 2021
Total Exports (USD mn) 4,206.6 Feb 2021 monthly Jan 1985 - Feb 2021
Total Exports Growth (%) 31.5 Sep 2021 monthly Jan 1986 - Sep 2021
Aluminum: Exports (USD th) 8,397.374 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 50,094.087 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 5,279.898 2020 yearly 1995 - 2020
Total Imports (USD mn) 3,975.1 Apr 2021 monthly Jan 1985 - Apr 2021
Total Imports Growth (%) 40.5 Sep 2021 monthly Jan 1986 - Sep 2021
Imports: Medicament (USD th) 512,152.469 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 361,265.787 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 491.000 Aug 2019 monthly Nov 2003 - Aug 2019
Total Imports from USA (USD mn) 743.000 Aug 2019 monthly Jan 2004 - Aug 2019
Total Exports to China (USD mn) 1,103.000 Aug 2019 monthly Sep 2003 - Aug 2019
Total Imports from China (USD mn) 891.000 Aug 2019 monthly Jan 2004 - Aug 2019
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: Mining: Gold (USD mn) 945.656 Sep 2021 monthly Jan 1985 - Sep 2021
Exports: Petroleum: Crude and Derivatives (USD mn) 119.283 Sep 2021 monthly Jan 1985 - Sep 2021
Exports: Asia: China (USD mn) 1,103.000 Aug 2019 monthly Sep 2003 - Aug 2019
Exports: America: NAFTA: USA (USD mn) 491.000 Aug 2019 monthly Sep 2003 - Aug 2019
Exports: Asia: Japan (USD mn) 172.000 Aug 2019 monthly Sep 2003 - Aug 2019
Exports: MINCETUR: South Korea (USD mn) 271.00 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: MINCETUR: NAFTA: Canada (USD mn) 51.00 May 2018 monthly Sep 2003 - May 2018
Imports: Food: Main Nourishment (USD mn) 325.258 Sep 2021 monthly Jan 1985 - Sep 2021
Imports: America: NAFTA: USA (USD mn) 743.000 Aug 2019 monthly Sep 2003 - Aug 2019
Imports: Asia: China (USD mn) 891.000 Aug 2019 monthly Sep 2003 - Aug 2019
Trade Index: Terms of Trade (2007=100) 114.553 Sep 2021 monthly Jan 1990 - Sep 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -91.9 Sep 2021 quarterly Mar 1980 - Sep 2021
Current Account Balance (USD mn) -1,019.5 Sep 2021 quarterly Mar 1977 - Sep 2021
Current Account Balance: % of GDP (%) -1.8 Sep 2021 quarterly Mar 1980 - Sep 2021
Foreign Direct Investment (USD mn) 1,414.2 Sep 2021 quarterly Mar 1977 - Sep 2021
Foreign Direct Investment: % of GDP (%) 2.6 Sep 2021 quarterly Mar 1990 - Sep 2021
Foreign Portfolio Investment (USD mn) -28.594 Sep 2021 quarterly Mar 1980 - Sep 2021
Foreign Portfolio Investment: % of GDP (%) -0.1 Dec 2020 quarterly Mar 1993 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) -66.1 Jun 2020 quarterly Mar 1993 - Jun 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 2,883.756 Jun 2020 quarterly Mar 1993 - Jun 2020
External Debt (USD mn) 93,270.7 Mar 2021 quarterly Mar 1980 - Mar 2021
External Debt: % of GDP (%) 43.3 2020 yearly 1980 - 2020
External Debt: Short Term (USD mn) 8,845.5 Mar 2021 quarterly Mar 1980 - Mar 2021
External Debt: Short Term: % of GDP (%) 4.7 2020 yearly 1980 - 2020
Forecast: Current Account Balance (USD bn) -4.483 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) -83,144.029 Dec 2020 quarterly Mar 1980 - Dec 2020
BoP: Current Account: Services (USD mn) -1,742.821 Sep 2021 quarterly Mar 1980 - Sep 2021
BoP: Current Account: Services: Debit (USD mn) -2,650.496 Sep 2021 quarterly Mar 1980 - Sep 2021
BoP: Financial Account (USD mn) 7,816.238 Sep 2021 quarterly Mar 1980 - Sep 2021
BoP: Current Account: Services: Credit (USD mn) 907.675 Sep 2021 quarterly Mar 1980 - Sep 2021
BoP: Net Errors and Omissions (USD mn) -2,519.068 Sep 2021 quarterly Mar 1980 - Sep 2021
BoP: Financial Account: Private Sector: Liabilities: Direct Investment (USD mn) 613.137 Dec 2018 quarterly Mar 1980 - Dec 2018
IIP: Liabilities (USD mn) 237,090.816 Sep 2021 quarterly Mar 1980 - Sep 2021
International Investment Position (IIP): Assets (USD mn) 148,746.421 Sep 2021 quarterly Mar 1980 - Sep 2021
Public External Debt: USD: Net (USD mn) 2,084.613 Sep 2021 quarterly Mar 1999 - Sep 2021
External Liabilities: Medium & Long Term (USD mn) 87,750.913 Sep 2021 quarterly Mar 1980 - Sep 2021
Foreign Direct Investment: Stock: Chile (USD mn) 3,567.226 2020 yearly 1980 - 2020
Foreign Direct Investment: Stock: Netherlands (USD mn) 1,256.624 2020 yearly 1980 - 2020
Foreign Direct Investment: Stock: Spain (USD mn) 5,053.813 2020 yearly 1980 - 2020
Foreign Direct Investment: Stock: United Kingdom (USD mn) 4,683.225 2020 yearly 1980 - 2020
Foreign Direct Investment: Stock: USA (USD mn) 3,232.366 2020 yearly 1980 - 2020
Foreign Direct Investment: Stock (USD mn) 27,683.819 2020 yearly 1980 - 2020
Foreign Direct Investment: Stock: Communications (USD mn) 5,487.684 2020 yearly 1980 - 2020
Foreign Direct Investment: Stock: Finance (USD mn) 4,952.813 2020 yearly 1980 - 2020
Foreign Direct Investment: Stock: Mining (USD mn) 6,879.562 2020 yearly 1980 - 2020
Foreign Direct Investment: Stock: Industry (USD mn) 3,305.916 2020 yearly 1980 - 2020
Foreign Direct Investment: Stock: Energy (USD mn) 3,496.445 2020 yearly 1980 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.4 Feb 2021 monthly Dec 2004 - Feb 2021
Household Debt: % of GDP (%) 17.3 Mar 2021 quarterly Mar 2001 - Mar 2021
Money Supply M1 (USD mn) 68,197.649 Sep 2021 monthly Jan 1992 - Sep 2021
Money Supply M2 (USD mn) 108,348.473 Sep 2021 monthly Jan 1992 - Sep 2021
M2 Growth (%) 27.0 Mar 2021 monthly Jan 1993 - Mar 2021
Reserve Requirement Ratio (%) 4.0 Apr 2021 monthly Apr 1997 - Apr 2021
Foreign Exchange Reserves (USD mn) 70,363.0 Oct 2021 monthly Dec 1956 - Oct 2021
Foreign Exchange Reserves: % of GDP (%) 31.605 Sep 2021 quarterly Dec 1990 - Sep 2021
Foreign Exchange Reserves: Months of Import (NA) 17.0 Sep 2021 monthly Jan 1985 - Sep 2021
Gold Reserves (USD mn) 1,987.000 Oct 2021 monthly Dec 1956 - Oct 2021
Total Deposits (USD mn) 82,076.972 Sep 2021 monthly Jan 1998 - Sep 2021
Total Deposits Growth (%) 21.4 Mar 2021 monthly Jan 1999 - Mar 2021
Domestic Credit (USD mn) 39,581.4 Sep 2021 monthly Jan 1992 - Sep 2021
Domestic Credit Growth (%) -3.7 Sep 2021 monthly Jan 1993 - Sep 2021
Household Debt (USD mn) 31,462.4 Sep 2021 monthly Jan 2001 - Sep 2021
Total Loans (USD mn) 86,721.109 Mar 2021 monthly Jan 2001 - Mar 2021
Total Loans Growth (%) 11.11 Apr 2021 monthly Jan 2002 - Apr 2021
Private Debt: % of Nominal GDP (%) 46.40 Dec 2020 quarterly Mar 1992 - Dec 2020
ORA: Foreign Currency Reserves in Convertible Foreign Currencies (FCR) (USD mn) 68,723.000 Oct 2021 monthly Jan 2001 - Oct 2021
Official Reserve Assets (ORA) (USD mn) 75,371.000 Oct 2021 monthly Jan 2001 - Oct 2021
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) -15.3 Oct 2021 monthly Apr 2003 - Oct 2021
BCRP Forecast: Consumer Price Index: YoY (%) 2.500 2020 yearly 2016 - 2020
Macroeconomic Outlook Survey: Business Confidence Index (Point) 42.518 Oct 2021 monthly Apr 2002 - Oct 2021

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