Peru Current Account Balance: % of GDP

1990 - 2023 | Quarterly | % | CEIC Data

Key information about Peru Current Account Balance: % of GDP

  • Peru Current Account surplus accounted for 2.3 % of the country's Nominal GDP in Dec 2023, compared with a 0.6 % surplus in the previous quarter.
  • Peru Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1990 to Dec 2023, with an average value of -2.9 %.
  • The data reached an all-time high of 6.1 % in Sep 2006 and a record low of -10.1 % in Dec 1995.

CEIC calculates quarterly Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Central Reserve Bank of Peru provides Current Account Balance in USD based on BPM6 and Nominal GDP in local currency. The Central Reserve Bank of Peru average market exchange rate is used for currency conversions. Current Account Balance as % of Nominal GDP prior to Q1 2012 is calculated from Current Account Balance based on BPM5.


Key information about Peru Current Account Balance: % of GDP

  • In the latest reports of Peru, Current Account recorded a surplus of 1.6 USD bn in Dec 2023.
  • Foreign Direct Investment (FDI) increased by 30.2 USD mn in Dec 2023.
  • Peru Direct Investment Abroad expanded by 0.6 USD mn in Dec 2023.
  • Its Foreign Portfolio Investment increased by 264.1 USD mn in Dec 2023.
  • The country's Nominal GDP was reported at 60.3 USD bn in Mar 2023.

View Peru's Current Account Balance: % of GDP from Mar 1990 to Dec 2023 in the chart:

Peru Current Account Balance: % of GDP

What was Peru's Current Account Balance: % of GDP in Dec 2023?

Peru Current Account surplus accounted for 2.3 % of the country's Nominal GDP in Dec 2023, compared with a 0.6 % surplus in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.3 Dec 2023 0.6 Sep 2023 -10.1 Dec 1995 6.1 Sep 2006 % quarterly Mar 1990 - Dec 2023

Current Account Balance: % of GDP by Country Comparison

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Includes Current Account Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 6.6 Sep 2023 quarterly Mar 2008 - Sep 2023
Algeria (%) 4.8 Mar 2023 quarterly Mar 2007 - Mar 2023
Argentina (%) -2.2 Dec 2023 quarterly Mar 2004 - Dec 2023
Armenia (%) 2.7 Dec 2023 quarterly Dec 1994 - Dec 2023
Australia (%) 1.8 Dec 2023 quarterly Sep 1959 - Dec 2023
Austria (%) 1.7 Sep 2023 quarterly Mar 1970 - Sep 2023
Azerbaijan (%) 8.9 Dec 2023 quarterly Mar 2013 - Dec 2023
Bahrain (%) 15.2 Dec 2022 quarterly Mar 2018 - Dec 2022
Bangladesh (%) -0.5 2023 yearly 1998 - 2023
Belarus (%) -1.4 Dec 2023 quarterly Mar 1996 - Dec 2023
Belgium (%) 1.4 Dec 2023 quarterly Mar 1995 - Dec 2023
Bolivia (%) -2.5 Sep 2023 quarterly Mar 1990 - Sep 2023
Bosnia and Herzegovina (%) -2.3 Sep 2023 quarterly Mar 2008 - Sep 2023
Botswana (%) 1.2 Sep 2023 quarterly Mar 2004 - Sep 2023
Brazil (%) -1.5 Dec 2023 quarterly Mar 1995 - Dec 2023
Brunei (%) -20.4 Dec 2020 quarterly Mar 2013 - Dec 2020
Bulgaria (%) -3.1 Dec 2023 quarterly Sep 1999 - Dec 2023
Cambodia (%) -1.1 Dec 2023 quarterly Mar 2010 - Dec 2023
Canada (%) -0.2 Dec 2023 quarterly Mar 1957 - Dec 2023
Chile (%) -4.4 Dec 2023 quarterly Mar 1996 - Dec 2023
China (%) 1.2 Dec 2023 quarterly Mar 1998 - Dec 2023
Colombia (%) -2.3 Dec 2023 quarterly Mar 1996 - Dec 2023
Croatia (%) -5.7 Dec 2023 quarterly Mar 1995 - Dec 2023
Cyprus (%) -6.6 Sep 2023 quarterly Mar 2008 - Sep 2023
Czech Republic (%) 0.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Denmark (%) 12.5 Dec 2023 quarterly Mar 1990 - Dec 2023
Ecuador (%) 1.7 Dec 2023 quarterly Mar 1993 - Dec 2023
Egypt (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
Estonia (%) 0.3 Mar 2023 quarterly Mar 2000 - Mar 2023
European Union (%) 2.5 Dec 2023 quarterly Mar 1999 - Dec 2023
Finland (%) 1.5 Dec 2023 quarterly Mar 1990 - Dec 2023
France (%) 0.9 Dec 2023 quarterly Mar 1997 - Dec 2023
Georgia (%) -6.8 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (%) 6.9 Dec 2023 quarterly Mar 1991 - Dec 2023
Ghana (%) 0.9 Sep 2023 quarterly Mar 2006 - Sep 2023
Greece (%) -12.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Hong Kong SAR, China (%) 9.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Hungary (%) -1.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Iceland (%) -2.7 Dec 2023 quarterly Mar 1995 - Dec 2023
India (%) -1.2 Dec 2023 quarterly Jun 2004 - Dec 2023
Indonesia (%) 0.9 Mar 2023 quarterly Mar 1993 - Mar 2023
Iran (%) 0.6 2023 yearly 1997 - 2023
Ireland (%) -0.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Israel (%) 9.7 Dec 2023 quarterly Mar 1995 - Dec 2023
Italy (%) 0.7 Dec 2023 quarterly Mar 1980 - Dec 2023
Ivory Coast (%) -6.3 2022 yearly 1975 - 2022
Japan (USD mn) 14,232.0 Apr 2023 monthly Jan 1996 - Apr 2023
Jordan (%) 3.0 Dec 2023 quarterly Mar 1992 - Dec 2023
Kazakhstan (%) -2.6 Sep 2023 quarterly Dec 1997 - Sep 2023
Kenya (%) -2.3 Mar 2023 quarterly Mar 2009 - Mar 2023
South Korea (USD mn) 7,671.1 Feb 2024 monthly Jan 1980 - Feb 2024
Kosovo (%) -15.4 Dec 2023 quarterly Mar 2010 - Dec 2023
Kuwait (%) 37.2 Sep 2023 quarterly Mar 2012 - Sep 2023
Kyrgyzstan (%) -60.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Laos (%) -0.1 2022 yearly 1984 - 2022
Latvia (%) -1.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Lebanon (%) -4.4 2020 yearly 2002 - 2020
Lithuania (%) 4.2 Dec 2023 quarterly Mar 1993 - Dec 2023
Luxembourg (%) 7.0 Dec 2023 quarterly Mar 1995 - Dec 2023
Macau SAR, China (%) 11.4 2022 yearly 2002 - 2022
North Macedonia (%) -3.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Malawi (%) -14.2 2021 yearly 1977 - 2021
Malaysia (%) 0.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Malta (%) 0.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Mauritius (%) -3.4 Dec 2023 quarterly Mar 2007 - Dec 2023
Mexico (%) 2.5 Dec 2023 quarterly Mar 1993 - Dec 2023
Moldova (%) -11.2 Dec 2023 quarterly Mar 1995 - Dec 2023
Mongolia (%) -4.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Montenegro (%) -24.1 Dec 2023 quarterly Mar 2010 - Dec 2023
Morocco (%) -0.5 Dec 2023 quarterly Mar 2014 - Dec 2023
Mozambique (%) -37.4 2022 yearly 1980 - 2022
Nepal (%) -1.3 2023 yearly 2001 - 2023
Netherlands (%) 8.5 Dec 2023 quarterly Mar 1987 - Dec 2023
New Zealand (%) -6.7 Dec 2023 quarterly Jun 1987 - Dec 2023
Nigeria (%) 1.8 Dec 2022 quarterly Mar 2008 - Dec 2022
Norway (%) 16.1 Sep 2023 quarterly Mar 1981 - Sep 2023
Oman (%) -4.9 2021 yearly 1980 - 2021
Pakistan (%) -0.7 2023 yearly 1977 - 2023
Palestinian Territory (%) -16.1 Mar 2023 quarterly Mar 2011 - Mar 2023
Panama (%) -28.8 Sep 2023 quarterly Mar 2007 - Sep 2023
Paraguay (%) -1.2 Dec 2023 quarterly Mar 2000 - Dec 2023
Peru (%) 2.3 Dec 2023 quarterly Mar 1990 - Dec 2023
Philippines (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Poland (%) 1.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Portugal (%) -0.4 Dec 2023 quarterly Mar 1996 - Dec 2023
Qatar (%) 15.6 Jun 2023 quarterly Mar 2011 - Jun 2023
Romania (%) -7.2 Dec 2023 quarterly Mar 1995 - Dec 2023
Russia (%) 2.1 Dec 2023 quarterly Mar 1994 - Dec 2023
Saudi Arabia (%) 1.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Serbia (%) -5.5 Dec 2023 quarterly Mar 2007 - Dec 2023
Singapore (%) 19.5 Dec 2023 quarterly Mar 1986 - Dec 2023
Slovakia (%) -3.6 Dec 2023 quarterly Mar 1997 - Dec 2023
Slovenia (%) 3.9 Dec 2023 quarterly Mar 1995 - Dec 2023
South Africa (%) -2.3 Dec 2023 quarterly Mar 1960 - Dec 2023
Spain (%) 2.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Sri Lanka (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Sudan (%) -8.5 2021 yearly 1977 - 2021
Sweden (%) 7.1 Dec 2023 quarterly Mar 1980 - Dec 2023
Switzerland (%) 7.6 Dec 2023 quarterly Mar 1983 - Dec 2023

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Peru Key Series

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Includes 169 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 (%) -2.8 Dec 2023 quarterly Dec 1990 - Dec 2023
Consolidated Fiscal Balance (USD mn) -5,788.283 Dec 2023 quarterly Mar 1990 - Dec 2023
Tax Revenue (USD mn) 3,158.495 Feb 2024 monthly Jan 2003 - Feb 2024
Tax Revenue: % of GDP (%) 13.6 Dec 2023 quarterly Mar 1990 - Dec 2023
National Government Debt (USD mn) 88,740.2 Dec 2023 quarterly Mar 1999 - Dec 2023
Government Debt: % of GDP (%) 32.9 Dec 2023 quarterly Mar 1999 - Dec 2023
Forecast: Government Expenditure (PEN bn) 271.687 2028 yearly 2000 - 2028
Forecast: Government Net Debt (PEN bn) 404.916 2028 yearly 2000 - 2028
Forecast: Government Revenue (PEN bn) 268.579 2028 yearly 2000 - 2028
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.721 2028 yearly 1980 - 2028
Trade Balance (USD mn) 1,473.3 Jan 2024 monthly Jan 1985 - Jan 2024
Total Exports (USD mn) 5,620.3 Sep 2023 monthly Jan 2012 - Sep 2023
Total Exports Growth (%) 9.4 Jan 2024 monthly Jan 1986 - Jan 2024
Aluminum: Exports (USD th) 12,822.585 2022 yearly 1995 - 2022
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 (%) 6.2 Jan 2024 monthly Jan 1986 - Jan 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) 744.000 Jan 2024 monthly Nov 2003 - Jan 2024
Total Imports from USA (USD mn) 640.000 Jan 2024 monthly Jan 2004 - Jan 2024
Total Exports to China (USD mn) 1,748.000 Jan 2024 monthly Sep 2003 - Jan 2024
Total Imports from China (USD mn) 1,058.000 Jan 2024 monthly Jan 2004 - Jan 2024
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
Imports: MINCETUR: India (USD mn) 89.00 May 2018 monthly Sep 2003 - May 2018
Imports: MINCETUR: NAFTA: Canada (USD mn) 51.00 May 2018 monthly Sep 2003 - May 2018
Imports: MINCETUR: NAFTA: Mexico (USD mn) 165.00 May 2018 monthly Sep 2003 - May 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 0.6 Dec 2023 quarterly Mar 1980 - Dec 2023
Current Account Balance (USD mn) 1,633.8 Dec 2023 quarterly Mar 1977 - Dec 2023
Current Account Balance: % of GDP (%) 2.3 Dec 2023 quarterly Mar 1990 - Dec 2023
Foreign Direct Investment (USD mn) 30.2 Dec 2023 quarterly Mar 1977 - Dec 2023
Foreign Direct Investment: % of GDP (%) 0.0 Dec 2023 quarterly Mar 1990 - Dec 2023
Foreign Portfolio Investment (USD mn) 264.126 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.4 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 14.4 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 249.766 Dec 2023 quarterly Mar 1993 - Dec 2023
External Debt (USD mn) 102,172.1 Dec 2022 quarterly Mar 2012 - Dec 2022
External Debt: % of GDP (%) 41.8 2022 yearly 1980 - 2022
External Debt: Short Term (USD mn) 9,214.5 Dec 2022 quarterly Mar 2012 - Dec 2022
External Debt: Short Term: % of GDP (%) 4.2 2023 yearly 1980 - 2023
Forecast: Current Account Balance (USD bn) -5.104 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -107,311.674 Dec 2023 quarterly Mar 1980 - Dec 2023
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) 46.598 Dec 2023 quarterly Mar 1999 - Dec 2023
Foreign Direct Investment: Stock: Netherlands (USD mn) 1,272.753 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: United Kingdom (USD mn) 6,339.580 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock (USD mn) 30,171.733 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: USA (USD mn) 3,236.581 2023 yearly 1980 - 2023
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: Mining (USD mn) 6,916.809 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Energy (USD mn) 3,501.445 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Industry (USD mn) 3,442.074 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Finance (USD mn) 6,623.767 2023 yearly 1980 - 2023
Foreign Direct Investment: Stock: Communications (USD mn) 5,521.385 2023 yearly 1980 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.8 Feb 2024 monthly Dec 2004 - Feb 2024
Household Debt: % of GDP (%) 16.9 Dec 2023 quarterly Mar 2001 - Dec 2023
Money Supply M1 (USD mn) 70,249.036 Feb 2024 monthly Jan 1992 - Feb 2024
Money Supply M2 (USD mn) 120,485.080 Feb 2024 monthly Jan 1992 - Feb 2024
M2 Growth (%) 2.3 Feb 2024 monthly Jan 1993 - Feb 2024
Reserve Requirement Ratio (%) 6.0 Mar 2024 monthly Apr 1997 - Mar 2024
Foreign Exchange Reserves (USD mn) 68,249.0 Feb 2024 monthly Dec 1956 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 24.386 Dec 2023 quarterly Dec 1990 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 17.3 Jan 2024 monthly Jan 1985 - Jan 2024
Gold Reserves (USD mn) 2,278.000 Feb 2024 monthly Dec 1956 - Feb 2024
Total Deposits (USD mn) 90,060.184 Feb 2024 monthly Jan 1998 - Feb 2024
Total Deposits Growth (%) 2.5 Feb 2024 monthly Jan 1999 - Feb 2024
Domestic Credit (USD mn) 52,632.6 Nov 2023 monthly Jan 1992 - Nov 2023
Domestic Credit Growth (%) 8.4 Nov 2023 monthly Jan 1993 - Nov 2023
Household Debt (USD mn) 45,017.5 Feb 2024 monthly Jan 2001 - Feb 2024
Total Loans (USD mn) 91,362.247 Feb 2024 monthly Jan 2001 - Feb 2024
Total Loans Growth (%) -1.87 Feb 2024 monthly Jan 2002 - Feb 2024
Private Debt: % of Nominal GDP (%) 36.35 Sep 2023 quarterly Mar 1992 - Sep 2023
ORA: Foreign Currency Reserves in Convertible Foreign Currencies (FCR) (USD mn) 68,222.000 Feb 2024 monthly Jan 2001 - Feb 2024
Official Reserve Assets (ORA) (USD mn) 73,393.000 Feb 2024 monthly Jan 2001 - Feb 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) 15.8 Mar 2024 monthly Apr 2003 - Mar 2024
BCRP Forecast: Consumer Price Index: YoY (%) 2.500 2020 yearly 2016 - 2020
Macroeconomic Outlook Survey: Business Confidence Index (Point) 50.800 Mar 2024 monthly Apr 2002 - Mar 2024

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