Labor productivity vs gdp per capita in Peru
Peru: Labor productivity vs gdp per capita was 11.97 in 2023. ▲ Rising
Latest (2023)
11.97
Change on year
down 0.2%
World rank
95th
of 130 countries
All-time high
12.46
in 2019
All-time low
3.09
in 1950
Years of data
74
1950–2023
Labor productivity vs gdp per capita in Peru, 1950–2023
Source: Our World in Data.
Analysis
In 2023, labor productivity vs gdp per capita in Peru stood at 11.97.
Compared with earlier readings it is down 0.2% on the previous year and up 0.7% over ten years.
Over the whole period, labor productivity vs gdp per capita in Peru peaked at 12.46 in 2019 and was at its lowest, 3.09, in 1950.
That places Peru 95th out of 130 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 74 years of available data.
Labor productivity vs gdp per capita in Peru, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 3.09 | — |
| 1951 | 3.28 | +6.4% |
| 1952 | 3.42 | +4.1% |
| 1953 | 3.55 | +3.7% |
| 1954 | 3.72 | +5.0% |
| 1955 | 3.86 | +3.8% |
| 1956 | 3.93 | +1.8% |
| 1957 | 4.18 | +6.3% |
| 1958 | 4.07 | -2.7% |
| 1959 | 4.09 | +0.5% |
| 1960 | 4.43 | +8.4% |
| 1961 | 4.68 | +5.6% |
| 1962 | 5 | +7.0% |
| 1963 | 5.21 | +4.2% |
| 1964 | 5.48 | +5.1% |
| 1965 | 5.75 | +5.1% |
| 1966 | 6.09 | +5.9% |
| 1967 | 6.31 | +3.5% |
| 1968 | 6.21 | -1.6% |
| 1969 | 6.43 | +3.5% |
| 1970 | 6.52 | +1.5% |
| 1971 | 6.69 | +2.6% |
| 1972 | 6.62 | -1.1% |
| 1973 | 6.92 | +4.5% |
| 1974 | 7.25 | +4.8% |
| 1975 | 7.44 | +2.7% |
| 1976 | 7.31 | -1.7% |
| 1977 | 7.08 | -3.3% |
| 1978 | 6.71 | -5.1% |
| 1979 | 6.69 | -0.3% |
| 1980 | 7.08 | +5.8% |
| 1981 | 7.38 | +4.3% |
| 1982 | 7.22 | -2.1% |
| 1983 | 6.4 | -11.4% |
| 1984 | 6.46 | +0.9% |
| 1985 | 6.35 | -1.7% |
| 1986 | 6.75 | +6.4% |
| 1987 | 7.3 | +8.1% |
| 1988 | 6.89 | -5.6% |
| 1989 | 5.63 | -18.4% |
| 1990 | 5.55 | -1.5% |
| 1991 | 5.43 | -2.1% |
| 1992 | 5.54 | +2.0% |
| 1993 | 5.76 | +4.0% |
| 1994 | 6.38 | +10.8% |
| 1995 | 6.79 | +6.3% |
| 1996 | 6.91 | +1.7% |
| 1997 | 7.2 | +4.2% |
| 1998 | 6.77 | -5.9% |
| 1999 | 6.58 | -2.9% |
| 2000 | 6.48 | -1.5% |
| 2001 | 6.43 | -0.8% |
| 2002 | 6.69 | +4.2% |
| 2003 | 6.98 | +4.3% |
| 2004 | 7.35 | +5.4% |
| 2005 | 7.94 | +8.0% |
| 2006 | 8.7 | +9.5% |
| 2007 | 9.32 | +7.1% |
| 2008 | 9.96 | +6.9% |
| 2009 | 9.76 | -2.0% |
| 2010 | 10.79 | +10.5% |
| 2011 | 11.57 | +7.3% |
| 2012 | 11.93 | +3.1% |
| 2013 | 11.89 | -0.3% |
| 2014 | 11.83 | -0.5% |
| 2015 | 11.64 | -1.7% |
| 2016 | 11.77 | +1.2% |
| 2017 | 11.92 | +1.3% |
| 2018 | 12.17 | +2.1% |
| 2019 | 12.46 | +2.4% |
| 2020 | 11.27 | -9.5% |
| 2021 | 12.36 | +9.7% |
| 2022 | 12 | -3.0% |
| 2023 | 11.97 | -0.2% |
Peru compared with similar countries
- Peru's 11.97 is below the median for upper middle income countries, which is 20.42, 59% of the median. (38 countries reporting)
- Peru's 11.97 is below the median for Latin America & Caribbean, which is 19.38, 62% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 3.72 | 3.09 | 4.18 | 10 |
| 1960s | 5.56 | 4.43 | 6.43 | 10 |
| 1970s | 6.93 | 6.52 | 7.44 | 10 |
| 1980s | 6.75 | 5.63 | 7.38 | 10 |
| 1990s | 6.29 | 5.43 | 7.2 | 10 |
| 2000s | 7.96 | 6.43 | 9.96 | 10 |
| 2010s | 11.8 | 10.79 | 12.46 | 10 |
| 2020s | 11.9 | 11.27 | 12.36 | 4 |
Countries ranked near Peru
- 92 Morocco 13.62 compare
- 93 Guatemala 13.1 compare
- 94 Kyrgyzstan 12.12 compare
- 96 Uzbekistan 11.94 compare
- 97 Philippines 11.68 compare
- 98 Vietnam 11.03 compare
More work & labour data for Peru
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4349 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4225 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4473 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.29 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6786 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 35,667 1000 No (2050)
- Population - Est. & Proj. — Rural population 5,953 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 19,027 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 19,136 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 38,163 1000 No (2100)
Frequently asked questions
- What is labor productivity vs gdp per capita in Peru?
- Labor productivity vs gdp per capita in Peru was 11.97 in 2023, according to Our World in Data.
- What is the highest labor productivity vs gdp per capita recorded in Peru?
- The highest recorded value was 12.46 in 2019.
- What is the lowest labor productivity vs gdp per capita recorded in Peru?
- The lowest recorded value was 3.09 in 1950.
- How does Peru rank for labor productivity vs gdp per capita?
- Peru ranks 95th out of 130 countries with data for 2023.
- Is labor productivity vs gdp per capita rising or falling in Peru?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is rising.
- Where does this Peru data come from?
- The figures come from Our World in Data, published as part of Labor productivity vs gdp per capita. Statizoid updates them automatically from the source API.
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