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Peru Patent Applications

Patent applications by residents  IP.PAT.RESD

Peru's patent applications was 94 in 2021, ranked 64th globally. This represents a 24.8% decrease from 2020. Data from World Bank, covering 1980–2021.

94 −31 (-24.8%)
Year 2021 Rank #64 Global Peak 137 (2019) Source World Bank

Peru Patent Applications (1980–2021)

Overview

Peru's patent applications stood at 94 in 2021, a decline of +31 from 2020. Peru ranked 64th globally.

Peru's patent applications have exhibited significant fluctuations over the past 38 years, with a notable trajectory marked by an all-time peak in 2019 of 137.00, followed by a decline to 94.00 in 2021, placing the country at the 64th position globally. In contrast, 1992 saw a trough with a mere 21.00 patent applications, indicating a stark contrast to the current level. Similarly, countries such as the Syrian Arab Republic, which ranked 102.00 in 2021, and Latvia, which ranked 104.00, demonstrate a slower pace of growth in patent applications. Despite the downward trend from the peak, Peru's patent application numbers remain higher than in 1980, when the indicator started. The continued growth of the global economy and advancements in technology are likely to influence the trajectory of patent applications in Peru, potentially leading to an increase in innovative activities and subsequently contributing to a rise in patent applications.

Data & projection

Year Patent Applications YoY change Rank
2021 94 −31 #64
2020 125 −12 #65
2019 137 +48 #63
2018 89 −11 #73
2017 100 +28 #71
2016 72 +5 #74
2015 67 −16 #71
2014 83 +10 #68
2013 73 +19 #71
2012 54 +15 #67
2011 39 +0 #78
2010 39 +2 #78
2009 37 +6 #76
2008 31 +3 #77
2007 28 −11 #79
Show all years (1980-2021)

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 patent applications improve within 24 months. View full analysis →

Frequently Asked Questions

What is Peru's patent applications?▾

Peru's patent applications was 94 in 2021. Ranked 64th globally. This represents a 24.8% decrease from the previous year.

What was the highest patent applications in Peru?▾

Peru's patent applications peaked at 137 in 2019.

What was the lowest patent applications in Peru?▾

The lowest patent applications in Peru was 21 in 1992.

How does Peru rank in patent applications?▾

Peru ranks 64th globally in patent applications as of 2021.

What is the World Bank indicator code for patent applications?▾

The World Bank indicator code is IP.PAT.RESD. Data sourced from World Bank.

What is the patent applications of Peru in 2021?▾

The patent applications of Peru in 2021 was 94. This ranks 64th in the world.

Cite this page

APA
Peru Patent Applications. HistorySaid. Retrieved November 13, 2026, from https://historysaid.com/peru/patents/
BibTeX
@misc{historysaid_peru_patents, title = {Peru Patent Applications}, url = {https://historysaid.com/peru/patents/}, publisher = {HistorySaid}, year = {2026} }
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