Services, value added in Peru

Peru: Services, value added was 50.9% in 2024. ▲ Rising

Latest (2024)
50.9%
Change on year
down 0.3%
World rank
144th
of 205 countries
All-time high
88.7%
in 1977
All-time low
38.1%
in 1979
Years of data
54
1960–2024

Services, value added in Peru, 1960–2024

020406080196019922024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.

Analysis

Peru recorded 50.9% for services, value added in 2024.

Compared with earlier readings it is down 0.3% on the previous year and down 2.9% over ten years.

Over the whole period, services, value added in Peru peaked at 88.7% in 1977 and was at its lowest, 38.1%, in 1979.

Peru ranks 144th of 205 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 54 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 45.7% 44.1% 47.5% 10
1970s 48.9% 38.1% 88.7% 10
1990s 54.4% 52.7% 58.4% 9
2000s 51.2% 47.3% 54.5% 10
2010s 51.9% 47.8% 54.4% 10
2020s 50.9% 48.7% 54.2% 5

Countries ranked near Peru

  1. 141 Kyrgyzstan 51.2% compare
  2. 142 Cote d'Ivoire 51.2% compare
  3. 143 Pakistan 50.9% compare
  4. 145 Suriname 50.8% compare
  5. 146 Cameroon 50.4% compare
  6. 147 Benin 50.1% compare

See the full ranking of 252 places →

More economy & growth data for Peru

All data for Peru →

Frequently asked questions

What is services, value added in Peru?
Services, value added in Peru was 50.9% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Peru?
The highest recorded value was 88.7% in 1977.
What is the lowest services, value added recorded in Peru?
The lowest recorded value was 38.1% in 1979.
How does Peru rank for services, value added?
Peru ranks 144th out of 205 countries with data for 2024.
Is services, value added rising or falling in Peru?
Over the last ten years it is down 2.9%. The long-run trend across the full record is rising.
Where does this Peru data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,765 data points, 1960–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.