Peru: Trade openness

* indicates monthly or quarterly data series
 Peru

Trade openness: exports plus imports as percent of GDP

 Latest value 58.16
 Year 2022
 Measure percent
 Data availability 1982 - 2022
 Average 41.11
 Min - Max 22.54 - 58.43
 Source The World Bank
For that indicator, we provide data for Peru from 1982 to 2022. The average value for Peru during that period was 41.11 percent with a minimum of 22.54 percent in 1989 and a maximum of 58.43 percent in 2008. The latest value from 2022 is 58.16 percent. For comparison, the world average in 2022 based on 157 countries is 100.30 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Peru - Trade openness - Recent values chart

Historical chart
Peru - Trade openness - historical chart - 1982-2022




Definition: Exports plus imports as percent of GDP.

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 Related indicators Latest value Reference Measure
 Terms of trade 127.99 2021 percent
 Trade openness 58.16 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 29.32 2022 percent
 Exports, billion dollars 72.49 2023 billion U.S. dollars
 Growth of exports 5.93 2022 percent
 Imports, percent of GDP 29.09 2022 percent
 Imports, billion dollars 63.75 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.47 2022 percent
 Foreign Direct Investment, billion dollars 10.85 2022 billion U.S. dollars
 Portfolio investment inflows, equities -23.61 2023 million dollars (current)
 Current account, percent of GDP -4.05 2022 percent
 Current account, in dollars 2.22 2023 billion U.S. dollars
 Trade balance, percent of GDP 0.22 2022 percent
 Trade balance, in dollars 10.34 2023 billion U.S. dollars
 Reserves 74.78 2020 billion U.S. dollars
 Remittances, percent of GDP 1.53 2022 percent
 Remittances 3,707.56 2022 million U.S. dollars
 Net errors and omissions -3,670.91 2023 million USD
 External debt 38.99 2022 percent
 Short-term external debt 11.95 2022 percent
 Short-term debt to reserves 13.75 2020 percent
 Foreign exchange reserves 71.31 9/2023 billion
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