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Peru External Debt

Total external debt stocks  DT.DOD.DECT.CD

Peru's external debt was $101.1B in 2025, ranked 20th globally. This represents a 8.4% increase from 2024. Data from World Bank, covering 1970–2025.

$101.1B +$7.8B (+8.4%)
Year 2025 Rank #20 Global Peak $101.1B (2025) Source World Bank

Peru External Debt (1970–2025)

Overview

Peru's external debt stood at $101.1B in 2025, a rise of +$7.8B from 2024. Based on recent trends, this figure is projected to reach $101.1B by 2025. Peru ranked 20th globally.

Peru's external debt has experienced a significant increase over the past 56 years, with the latest figure standing at 101,111,396,549.88 USD in 2025, ranking the country 20th globally. This value is nearly 30 times higher than the all-time trough of 3,299,813,044.70 USD in 1970, a notable surge driven by the country's economic growth and increasing global integration. As of 2025, Peru's external debt has surpassed that of peers such as Uzbekistan, with a debt of 78,359,760,817.60 USD. The peak year for Peru's external debt was also 2025, reaching the same value as the latest figure. To reverse this trend, Peru would need to implement policies aimed at reducing its reliance on foreign lending and promoting sustainable economic growth, such as increasing export competitiveness, improving the business environment, and enhancing domestic savings and investment.

Data & projection

Year External Debt YoY change Rank
2027* trend $109.5B - -
2026* trend $105.3B - -
2025* trend $101.1B - -
2025 $101.1B +$7.8B #20
2024 $93.3B −$723.0M #99
2023 $94.0B +$2.3B #100
2022 $91.7B +$2.7B #101
2021 $89.0B +$14.1B #101
2020 $74.8B +$9.9B #102
2019 $64.9B −$3.8B #101
2018 $68.7B +$480.1M #101
2017 $68.3B −$2.0B #102
2016 $70.3B +$2.4B #104
2015 $67.8B −$77.5M #103
2014 $67.9B +$4.4B #103
2013 $63.5B +$1.9B #103
2012 $61.6B +$16.6B #102
2011 $45.0B +$2.9B #99
Show all years (1970-2025)
* Linear trend extrapolation

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 external debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Peru's external debt?▾

Peru's external debt was $101.1B in 2025. Ranked 20th globally. This represents a 8.4% increase from the previous year.

What was the highest external debt in Peru?▾

Peru's external debt peaked at $101.1B in 2025.

What was the lowest external debt in Peru?▾

The lowest external debt in Peru was $3.3B in 1970.

How does Peru rank in external debt?▾

Peru ranks 20th globally in external debt as of 2025.

What is the World Bank indicator code for external debt?▾

The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.

What is the projected external debt of Peru in 2025?▾

Peru's external debt is projected to reach $101.1B by 2025 based on trend extrapolation.

What is Peru's external debt in billion?▾

Peru's external debt was approximately 101.11 billion ($101.1B) in 2025.

What is the external debt of Peru in 2025?▾

The external debt of Peru in 2025 was $101.1B. This ranks 20th in the world.

Cite this page

APA
Peru External Debt. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/peru/external-debt/
BibTeX
@misc{historysaid_peru_external-debt, title = {Peru External Debt}, url = {https://historysaid.com/peru/external-debt/}, publisher = {HistorySaid}, year = {2026} }
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