Peru: Medium and high-tech exports (% manufactured exports)

Key figures

What the numbers say

In 2024, Peru's medium and high-tech exports (% manufactured exports) fell 0.1 percentage points on 2023 (from 4.36% to 4.26%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −0.1 percentage points and a typical year strayed about 1.7 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 5.2 percentage points in 1998 and the biggest yearly fall was 4.47 percentage points in 1999. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is downward, about 0.26 percentage points a year. A straight line explains 36% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Peru had the 141st highest value of the 152 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Peru in the 2024 ranking

• Bolivia — 137th of 152: 4.8%
• Papua New Guinea — 138th of 152: 4.36%
• Rwanda — 139th of 152: 4.26%
• Cuba — 141st of 152: 3.78%
• Mongolia — 142nd of 152: 3.72%
• Madagascar — 143rd of 152: 3.18%

What this measures

Share of medium and high-tech manufactured exports in total manufactured exports.

Limitations: Missing values at country level are imputed based on the methodology from Competitive Industrial Performance Report (UNIDO, 2017).

All 35 values

Medium and high-tech exports (% manufactured exports) in nearby economies

• Argentina — 38.03% (2024)
• Bahamas, The — 37.04% (2024)
• Barbados — 25.88% (2024)
• Belize — 0.41% (2024)
• Bolivia — 4.8% (2024)
• Brazil — 32.44% (2024)
• Chile — 6.48% (2024)
• Colombia — 36.58% (2024)
• Costa Rica — 59.63% (2024)
• Cuba

More infrastructure data for Peru

• Fixed telephone subscriptions — 1.4 million (2024)
• Fixed telephone subscriptions (per 100 people) — 4.08 (2024)
• Air transport, registered carrier departures worldwide — 125,564 (2023)
• Air transport, freight (million ton-km) — 299.23 (2023)
• Air transport, passengers carried — 17.72 million (2023)
• Mobile cellular subscriptions — 42.64 million (2024)
• Mobile cellular subscriptions (per 100 people) — 124.62 (2024)
• ICT service exports (BoP, current US$) — US$174.92 million (2025)
• ICT service exports (% of service exports, BoP) — 2.29% (2025)
• Industrial design applications, nonresident, by count

Reading data like this

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Questions people ask

What is Peru's medium and high-tech exports (% manufactured exports)?

4.26% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is down 3.39 percentage points from 7.65% in 1990. The highest value was 12.27% in 1998 and the lowest 3.66% in 2006.

How does Peru rank?

141st highest of 152 economies with data for 2024.

Is the latest change in medium and high-tech exports (% manufactured exports) unusual for Peru?

In 2024, Peru's medium and high-tech exports (% manufactured exports) fell 0.1 percentage points on 2023 (from 4.36% to 4.26%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.1 percentage points and a typical year strayed about 1.7 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.MNF.TECH.ZS.UN, licensed CC BY 4.0. Original source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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