Data at glance of Peru - average on period

variable 1980-1989 1990-1999 2000-2007 2008-2009 2010-2019 2020 2021 2022 2023 2024
real gdp growth -0.64 3.97 5.83 4.71 2.58 13.36 2.81 -0.4 3.33 2.84
CPI % 108.69 - 2.41 2.23 2.83 3.98 7.87 6.27 2.35 1.67
Unemployment rate 6.61 8.1 9.05 8.14 7.24 10.73 7.75 6.78 6.4 6.45
Current account balance/GDP % -4.76 -5.72 -0.48 -1.45 -2.21 -2.07 -4.13 0.69 2.19 1.69
Debt/GDP % - 44.91 40.08 26.69 24.5 36.1 33.99 32.95 32.77 33.7

Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here

History

Ancient Peru was the seat of several prominent Andean civilizations, most notably that of the Incas whose empire was captured by Spanish conquistadors in 1533. Peru declared its independence in 1821, and remaining Spanish forces were defeated in 1824. After a dozen years of military rule, Peru returned to democratic leadership in 1980 but experienced economic problems and the growth of a violent insurgency. President Alberto FUJIMORI's election in 1990 ushered in a decade that saw a dramatic turnaround in the economy and significant progress in curtailing guerrilla activity. Nevertheless, an economic slump and the president's increasing reliance on authoritarian measures in the late 1990s generated mounting dissatisfaction with his regime, which led to his resignation in 2000. A caretaker government oversaw a new election in 2001 that installed Alejandro TOLEDO Manrique as the new head of government - Peru's first democratically elected president of indigenous ethnicity. The presidential election of 2006 saw the return of Alan GARCIA Perez who, after a disappointing presidential term from 1985 to 1990, presided over a robust economic rebound. Former army officer Ollanta HUMALA Tasso was elected president in 2011 and carried on the market-oriented economic policies of the three preceding administrations. Pedro Pablo KUCZYNSKI Godard won a very narrow runoff in the 2016 presidential election. Facing impeachment after evidence surfaced of his involvement in a vote-buying scandal, KUCZYNSKI offered his resignation in 2018, and First Vice President Martin Alberto VIZCARRA Cornejo was sworn in as president. In 2019, VIZCARRA invoked his constitutional authority to dissolve Peru's Congress after months of battling with the body over anticorruption reforms. New congressional elections in 2020 resulted in an opposition-led legislature. The Congress impeached VIZCARRA for a second time and removed him from office after accusations of corruption and mishandling of the COVID-19 pandemic. Because of vacancies in the vice-presidential positions, the President of the Peruvian Congress, Manuel MERINO, became the next president. His ascension to office was not well received, and large protests forced his resignation later in 2020. Francisco SAGASTI assumed the position of President of Peru after being appointed President of the Congress the previous day. Jose Pedro CASTILLO Terrones won presidential election in 2021 but was impeached and ousted the following year; his vice president, Dina BOLUARTE, assumed the presidency by constitutional succession in 2022.

Environment

Area: 1,285,216 km2

Climate: varies from tropical in east to dry desert in west; temperate to frigid in Andes

Natural resources: copper, silver, gold, petroleum, timber, fish, iron ore, coal, phosphate, potash, hydropower, natural gas

Ethnic characteristics

Groups: Mestizo (mixed Indigenous and White) 60.2%, Indigenous 25.8%, White 5.9%, African descent 3.6%, other (includes Chinese and Japanese descent) 1.2%, unspecified 3.3% (2017 est.)

Languages: Spanish (official) 82.9%, Quechua (official) 13.6%, Aymara (official) 1.6%, Ashaninka 0.3%, other native languages (includes many minor Amazonian languages) 0.8%, other 0.2%, none 0.1%, unspecified 0.7% (2017 est.)major-language sample(s): La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)The World Factbook, the indispensable source for basic information.

Religions: Catholic 76%, Evangelical Christian 15.7%, no religion 5.1%, other religions 3.2% (2023 est.)

Government

Capital: Lima

Government type: presidential republic

Executive branch

Chief of state: President José Enrique JERÍ Oré (since 10 October 2025)

Head of government: President José Enrique JERÍ Oré (since 10 October 2025)cabinet: Council of Ministers appointed by the presidentelection/appointment process: president directly elected by absolute-majority popular vote in 2 rounds, if needed, for a 5-year term (eligible for nonconsecutive terms)most recent election date: 11 April 2021, with a runoff on 6 June 2021election results: 2021: Jose Pedro CASTILLO Terrones elected president in second round; percent of vote in first round - Jose Pedro CASTILLO Terrones (PL) 18.9%, Keiko Sofia FUJIMORI Higuchi (FP) 13.4%, Rafael LOPEZ ALIAGA Cazorla (RP) 11.8%, Hernando DE SOTO Polar (Social Integration Party) 11.6%, Yonhy LESCANO Ancieta (AP) 9.1%, Veronika MENDOZA Frisch (JP) 7.9%, Cesar ACUNA Peralta (APP) 6%, George FORSYTH Sommer (VN) 5.7%, Daniel Belizario URRESTI Elera (PP) 5.6%, other 10%; percent of vote second round - Jose Pedro CASTILLO Terrones 50.1%, Keiko Sofia FUJIMORI Higuchi 49.9%2016: Pedro Pablo KUCZYNSKI Godard elected president in second round; percent of vote in first round - Keiko FUJIMORI Higuchi (FP) 39.9%, Pedro Pablo KUCZYNSKI Godard (PPK) 21.1%, Veronika MENDOZA (FA) 18.7%, Alfredo BARNECHEA (AP) 7%, Alan GARCIA (APRA) 5.8%, other 7.5%; percent of vote in second round - Pedro Pablo KUCZYNSKI Godard 50.1%, Keiko FUJIMORI Higuchi 49.9%expected date of next election: 12 April 2026note 1: First Vice President Dina Ercilia BOLUARTE Zegarra assumed the office of the president on 7 December 2022 after President Jose Pedro CASTILLO Terrones was impeached and arrested; on 10 October 2025, the president of the Congress, José Enrique JERÍ Oré, was sworn in as the new president after Congress overwhelmingly voted to remove BOLUARTE from office note 2: Prime Minister Ernesto ÁLVAREZ (since 14 October 2025) does not exercise executive power; this power rests with the presidentnote 3: the president is both chief of state and head of government

Legislative branch

Description: legislature name: Congress of the Republic (Congreso de la República)legislative structure: unicameralnumber of seats: 130 (all directly elected)electoral system: proportional representationscope of elections: full renewalterm in office: 5 yearsmost recent election date: 4/11/2021parties elected and seats per party: Free Peru (PL) (37); Popular Force (FP) (24); Popular Action (AP) (16); Alliance for Progress (APP) (15); Go on Country - Social Integration Party (AvP) (10); Popular Renewal (RP) (9); We Are Peru" (SP) - Purple Party (PM) (9); Other (10)percentage of women in chamber: 41.5%expected date of next election: April 2026

Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"