Merchandise imports from low- and middle-income economies in Latin in Peru
Peru: Merchandise imports from low- and middle-income economies in Latin was 23.1% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Peru, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from low- and middle-income economies in latin in Peru is 23.1%, measured in 2023.
Compared with earlier readings it is up 0.1% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Peru peaked at 34.5% in 2006 and was at its lowest, 7.1%, in 1961.
Peru ranks 13th of 206 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Peru, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 7.4% | — |
| 1961 | 7.1% | -3.0% |
| 1962 | 8.7% | +22.2% |
| 1963 | 10.7% | +22.6% |
| 1964 | 9.5% | -11.3% |
| 1965 | 10.3% | +8.8% |
| 1966 | 10.6% | +2.6% |
| 1967 | 10.2% | -4.1% |
| 1968 | 14.4% | +41.3% |
| 1969 | 15.4% | +7.6% |
| 1970 | 14.7% | -5.1% |
| 1971 | 11.9% | -19.0% |
| 1972 | 13.4% | +13.3% |
| 1973 | 15.1% | +12.2% |
| 1974 | 13.9% | -7.7% |
| 1975 | 13.3% | -4.6% |
| 1976 | 19.9% | +49.7% |
| 1977 | 19.7% | -1.1% |
| 1978 | 11.3% | -42.8% |
| 1979 | 11.6% | +2.6% |
| 1980 | 10.7% | -7.1% |
| 1981 | 12.2% | +13.3% |
| 1982 | 15.6% | +27.9% |
| 1983 | 14.5% | -6.8% |
| 1984 | 19.6% | +35.5% |
| 1985 | 19.9% | +1.3% |
| 1986 | 21.2% | +6.7% |
| 1987 | 18.1% | -14.8% |
| 1988 | 22.6% | +25.1% |
| 1989 | 23.2% | +2.7% |
| 1990 | 24.6% | +6.3% |
| 1991 | 30.6% | +23.9% |
| 1992 | 27.1% | -11.3% |
| 1993 | 26.0% | -3.9% |
| 1994 | 24.3% | -6.8% |
| 1995 | 23.9% | -1.5% |
| 1996 | 20.4% | -14.5% |
| 1997 | 17.9% | -12.6% |
| 1998 | 16.8% | -5.7% |
| 1999 | 17.0% | +0.8% |
| 2000 | 23.9% | +40.6% |
| 2001 | 25.0% | +4.8% |
| 2002 | 19.7% | -21.3% |
| 2003 | 18.8% | -4.6% |
| 2004 | 19.6% | +4.3% |
| 2005 | 32.0% | +63.2% |
| 2006 | 34.5% | +7.9% |
| 2007 | 32.7% | -5.4% |
| 2008 | 29.6% | -9.2% |
| 2009 | 26.6% | -10.4% |
| 2010 | 26.1% | -1.8% |
| 2011 | 25.4% | -2.5% |
| 2012 | 25.2% | -0.8% |
| 2013 | 23.0% | -8.7% |
| 2014 | 21.5% | -6.9% |
| 2015 | 19.7% | -8.1% |
| 2016 | 21.2% | +7.7% |
| 2017 | 22.9% | +8.0% |
| 2018 | 23.0% | +0.3% |
| 2019 | 22.2% | -3.4% |
| 2020 | 22.3% | +0.5% |
| 2021 | 23.1% | +3.3% |
| 2022 | 23.1% | +0.0% |
| 2023 | 23.1% | +0.0% |
Peru compared with similar countries
- Peru's 23.1% is above the median for upper middle income countries, which is 2.4%, 9.4× the median. (59 countries reporting)
- Peru's 23.1% is above the median for Latin America & Caribbean, which is 16.0%, 1.4× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.4% | 7.1% | 15.4% | 10 |
| 1970s | 14.5% | 11.3% | 19.9% | 10 |
| 1980s | 17.8% | 10.7% | 23.2% | 10 |
| 1990s | 22.9% | 16.8% | 30.6% | 10 |
| 2000s | 26.2% | 18.8% | 34.5% | 10 |
| 2010s | 23.0% | 19.7% | 26.1% | 10 |
| 2020s | 22.9% | 22.3% | 23.1% | 4 |
Countries ranked near Peru
More private sector data for Peru
- Merchandise trade 42.8% (2025)
- Food imports 11.9% (2024)
- Manufactures imports 68.2% (2024)
- Merchandise imports 60.63 billion current US$ (2025)
- Food exports 21.2% (2024)
- Manufactures exports 7.4% (2024)
- Merchandise exports 82.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,392 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2469 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.68 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Peru?
- Merchandise imports from low- and middle-income economies in latin in Peru was 23.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Peru?
- The highest recorded value was 34.5% in 2006.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Peru?
- The lowest recorded value was 7.1% in 1961.
- How does Peru rank for merchandise imports from low- and middle-income economies in latin?
- Peru ranks 13th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Peru?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is rising.
- Where does this Peru data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.