Services Sector Contribution to GDP in Peru (1990-2022)

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Key Takeaways

Peru’s services sector showed varied contribution levels, starting from in 1991 but experiencing a significant drop to by 2007. This decrease reflects economic reforms favoring mining and agriculture over services. However, a resurgence in 2009, reaching , indicates economic diversification and tourism recovery. From 2015 onward, the services sector's contribution gradually increased, stabilizing around pre-pandemic. The sector faced challenges due to COVID-19, dropping to in 2021, though a slight recovery to in 2022 reflects government efforts to revitalize service industries amid a slow recovery.

Find out more through related statistics on Percentage of working-age population in Peru, Peru’s unemployment rate, Peru’s government debt as a percent of GDP.

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