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Peru Current Account Balance

Current account balance as % of GDP  BN.CAB.XOKA.GD.ZS

Peru's current account balance was 1.76% in 2025, ranked 54th globally. This represents a 20.2% decrease from 2024. Data from World Bank, covering 1977–2025.

1.76% −0.45% (-20.2%)
Year 2025 Rank #54 Global Peak 4.57% (1979) Source World Bank

Peru Current Account Balance (1977–2025)

Overview

Peru's current account balance stood at 1.76% in 2025, a decline of +0.45% from 2024. The IMF projects 1.76% by 2025. Peru ranked 54th globally.

Peru's current account balance has exhibited significant fluctuations over the past 49 years, ranging from a high of 4.57 in 1979 to a low of -11.78 in 1988. The country's balance has improved since its trough, but still lingers below the global average, with a current account balance of 1.76 in 2025, ranking 54th globally. This is comparable to Gabon, which has a nearly identical balance of 1.77. Peru's current account balance has been influenced by its export-oriented economy, with a reliance on commodities such as copper and gold. Historically, the country has struggled to maintain a stable balance, with periods of high growth followed by periods of adjustment. As Peru continues to diversify its economy and strengthen its institutions, there is potential for further improvement in its current account balance, potentially driven by increased investment in non-traditional sectors such as services and manufacturing.

Data & projection

Year Current Account Balance YoY change Rank
2030* IMF -1.45% - -
2029* IMF -0.85% - -
2028* IMF -0.26% - -
2027* IMF 0.33% - -
2026* IMF 1.17% - -
2025* IMF 1.76% - -
2025 1.76% −0.45% #54
2024 2.21% +1.89% #134
2023 0.33% +4.35% #118
2022 -4.05% −1.84% #81
2021 -2.25% −3.00% #94
2020 0.78% +1.48% #130
2019 -0.73% +0.51% #116
2018 -1.28% −0.36% #120
2017 -0.95% +1.26% #116
2016 -2.29% +2.30% #108
2015 -4.71% −0.42% #72
2014 -4.37% +0.44% #78
2013 -4.85% −1.98% #76
2012 -2.87% −0.89% #101
2011 -1.96% +0.42% #115
Show all years (1977-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.0% GDP growth 3.3% C/A balance 2.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Peru matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw current account balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Peru's current account balance?▾

Peru's current account balance was 1.76% in 2025. Ranked 54th globally. This represents a 20.2% decrease from the previous year.

What was the highest current account balance in Peru?▾

Peru's current account balance peaked at 4.57% in 1979.

What was the lowest current account balance in Peru?▾

The lowest current account balance in Peru was -11.78% in 1988.

How does Peru rank in current account balance?▾

Peru ranks 54th globally in current account balance as of 2025.

What is the World Bank indicator code for current account balance?▾

The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.

What is the projected current account balance of Peru in 2025?▾

Peru's current account balance is projected to reach 1.76% by 2025 based on IMF projection.

What is the current account balance of Peru in 2025?▾

The current account balance of Peru in 2025 was 1.76%. This ranks 54th in the world.

Cite this page

APA
Peru Current Account Balance. HistorySaid. Retrieved October 25, 2026, from https://historysaid.com/peru/current-account/
BibTeX
@misc{historysaid_peru_current-account, title = {Peru Current Account Balance}, url = {https://historysaid.com/peru/current-account/}, publisher = {HistorySaid}, year = {2026} }
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