Peru's trade in services (% of GDP) was 7.02% in 2025, the latest year in the World Bank's World Development Indicators. That is down 0.43 percentage points from 7.45% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 7.02% | 2025 |
| Five years earlier | 5.2% | 2020 |
| Ten years earlier | 7.45% | 2015 |
| Highest | 13% | 1988 |
| Lowest | 5.08% | 1995 |
| Average since 2016 | 7.01% | 2016–2025 |
| First recorded | 6.39% | 1977 |
What the numbers say
In 2025, Peru's trade in services (% of GDP) fell 0.51 percentage points on 2024 (from 7.53% to 7.02%).
Across the 30 yearly changes before that (1995 to 2024), the average change was +0.07 percentage points and a typical year strayed about 0.69 percentage points from that (the standard deviation). This year's change was 0.8 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 7.69 percentage points in 1988 and the biggest yearly fall was 3.96 percentage points in 1989. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Peru had the 124th highest value of the 135 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.
| Value | Year | |
|---|---|---|
| Peru | 7.02% | 2025 |
| World | 15.19% | 2025 |
| Latin America & Caribbean | 8.91% | 2025 |
| Upper middle income | 7.79% | 2025 |
Closest to Peru in the 2025 ranking
- Indonesia — 121st of 135: 7.29%
- Venezuela, RB — 122nd of 135: 7.22%
- Argentina — 123rd of 135: 7.07%
- Angola — 125th of 135: 7.02%
- Brazil — 126th of 135: 7%
- United States — 127th of 135: 6.98%
What this measures
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 49 values
| Year | Trade in services (% of GDP) |
|---|---|
| 2025 | 7.02 |
| 2024 | 7.53 |
| 2023 | 7.26 |
| 2022 | 7.63 |
| 2021 | 6.05 |
| 2020 | 5.2 |
| 2019 | 7.63 |
| 2018 | 7.28 |
| 2017 | 7.1 |
| 2016 | 7.45 |
| 2015 |
Trade in services (% of GDP) in nearby economies
- Antigua and Barbuda — 78.09% (2025)
- Argentina — 7.07% (2025)
- Aruba — 111.26% (2023)
- Bahamas, The — 52.86% (2024)
- Barbados — 37.79% (2017)
- Belize — 47.07% (2025)
- Bolivia — 5.6% (2025)
- Brazil — 7% (2025)
- Chile — 9.78% (2025)
- Colombia — 8.74% (2025)
- Costa Rica — 25.95% (2025)
More economic policy & debt data for Peru
- Total reserves, including gold (current US$) — US$90.39 billion (2025)
- Total reserves, excluding gold (current US$) — US$85.53 billion (2025)
- General government final consumption expenditure (current US$) — US$43.78 billion (2025)
- General government final consumption expenditure (current LCU) — 156.16 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$35.82 billion (2025)
- General government final consumption expenditure (constant LCU) — 85.45 billion (2025)
- General government final consumption expenditure (% of GDP) — 13.07% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$195.77 billion (2025)
Reading data like this
Questions people ask
- What is Peru's trade in services (% of GDP)?
- 7.02% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is up 0.64 percentage points from 6.39% in 1977. The highest value was 13% in 1988 and the lowest 5.08% in 1995.
- How does Peru rank?
- 124th highest of 135 economies with data for 2025.
- Is the latest change in trade in services (% of GDP) unusual for Peru?
- In 2025, Peru's trade in services (% of GDP) fell 0.51 percentage points on 2024 (from 7.53% to 7.02%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.07 percentage points and a typical year strayed about 0.69 percentage points from that (the standard deviation). This year's change was 0.8 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 BG.GSR.NFSV.GD.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) 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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