Macro-economic Data

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    A. Demography and Macroeconomy

    A.1 Population
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Total population 32.17 million31.77 million
    WDI
    		A.1.1
    Urban population (% of total) 79.23% of total78.92% of total
    WDI
    		A.1.4
    Urban population growth (annual %) 1.62%1.66%
    WDI
    		A.1.5
    A.2 Economy
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    GDP, current prices (U.S. dollars)228,944 USD (millions)214,248 USD (millions)194,542 USD (millions)
    WEO
    		A.2.1
    GDP based on PPP valuation of country GDP (Current international dollar)458,389 USD (millions)430,332 USD (millions)412,146 USD (millions)
    WEO
    		A.2.2
    GDP per capita, current prices (U.S. dollars)7,118.43 USD 6,731.85 USD 6,178.18 USD
    WEO
    		A.2.3
    GDP based on PPP per capita GDP (Current international dollar)12,660.53 USD 12,290.13 USD 12,123.02 USD
    WEO
    		A.2.4
    GDP, constant prices (Percent change)4.1%2.47%4.04%
    WEO
    		A.2.5
    Inflation, end of period consumer prices (Percent change)2.45%1.37%3.24%
    WEO
    		A.2.6
    GDP, deflator (Index)139.51135.72130.72
    WEO
    		A.2.7
    Consumer price index 125.42122.00
    WDI
    		A.2.8
    GINI Index  43.8
    WDI
    		A.2.9
    Growth in urban household income (%/year)A.2.13
    Employment (% of total laborforce)A.2.14
    Interest Rates:A.2.15
    Central bank lending/discount rate  4.8%
    IFS
    		A.2.15.1
    Yield on 3 months treasury bills2.28%3.29%4.03%
    SBS
    		A.2.15.2
    Yield on 10-year Government bond3.8%3%3.7%
    SBS
    		A.2.15.3
    Average bank deposit rate  2.65%
    IFS
    		A.2.15.4
    Lending rate  16.47%
    IFS
    		A.2.15.5
    B. Housing Market
    B.1 Housing Stock: Production, Transactions
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Number of dwelling units:B.1.1
    Total 10.1 million7.57 million
    INEI
    		B.1.1.1
    Total Urban 7.33 million5.01 million
    INEI
    		B.1.1.2
    Percentage of vacant units 8.8% of total5.9% of total
    INEI
    		B.1.2
    Characteristics of housing stock:B.1.3
    Tenure in urban areas (%):B.1.4
    Owner-occupied units 74.2% of total74% of total
    INEI
    		B.1.4.1
    % of urban units with state recognized lienable title 55.6% of total55% of total
    INEI
    		B.1.4.6
    Estimated Number of units completed/yearB.1.5
    B.2 Housing Prices and Cost for Urban Areas or Capital City
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Median urban house price in USD:B.2.1
    Median house price to median annual HH income:B.2.2
    Annual average % change in median house prices:B.2.3
    M2 construction cost for median quality houseB.2.4

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    Notes: The FMV program also supports housing credit beneficiaries with down-payment subsidies and subsidies on savings to mortgage loans.
    Notes: The FMV program also supports housing credit beneficiaries with down-payment subsidies and subsidies on savings to mortgage loans.
    Notes: The FMV program also supports housing credit beneficiaries with down-payment subsidies and subsidies on savings to mortgage loans.
    Notes: 15% of all housing credit is being funded by the FMV(MiVivienda Fund) program.
    Notes: 15% of all housing credit is being funded by the FMV(MiVivienda Fund) program.
    Notes: 15% of all housing credit is being funded by the FMV(MiVivienda Fund) program.
    Notes: 2010=100
    Notes: 2010=100
    Notes: Capital gains are taxed at a rate of 6.25% for residents. Nonresidents are taxed at a rate of 30%.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Credit bureaus are permitted to collect credit information from public and private sources as long as it does not contain sensitive information about the applicant, information that violates the bank secrecy, the tax reserve, or inexact information. They may collect this information without the authorization of the applicant.
    Notes: Customer deposits and bonds
    Notes: Customer deposits and Bonds
    Notes: Customer deposits and bonds
    Notes: FMV provides subsidized mortgage loans which are funded by the Peruvian government.
    Notes: FMV provides subsidized mortgage loans which are funded by the Peruvian government.
    Notes: FMV provides subsidized mortgage loans which are funded by the Peruvian government.
    Notes: FMV provides subsidized mortgage loans which are funded by the Peruvian government.
    Notes: FMV provides subsidized mortgage loans which are funded by the Peruvian government.
    Notes: For a first residency fixed rate mortgage in the domestic currency, other types of mortgages are lower
    Notes: Maximum
    Notes: MiVivienda Fun (FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund (FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund (FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund (FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund (FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund (FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund (FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund provides a savings program as a way for people without proof of income to qualify for the purchase of a home. Individuals make monthly deposits, equivalent to the monthly payment into the account for 3-6 months. This program is required to verify informal incomes for potential beneficiaries to the subsidy program.
    Notes: MiVivienda Fund provides a savings program as a way for people without proof of income to qualify for the purchase of a home. Individuals make monthly deposits, equivalent to the monthly payment into the account for 3-6 months. This program is required to verify informal incomes for potential beneficiaries to the subsidy program.
    Notes: MiVivienda Fund(FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees
    Notes: MiVivienda Fund(FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund(FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund(FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund(FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: MiVivienda Fund(FMV) is a public sector program established to provide financial institutions with cheap funds and credit guarantees.
    Notes: National Percentage
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Number is from banks only (which account for the majority of total loans)
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Peruvian Superintendent of Banks
    Notes: Real estate tax is levied at progressive rates. The rate ranges from 0.2-1% and depends on the value of the property.
    Notes: The Family Housing Bonus (BFH) is a direct subsidy, offered by FMV, for low-income families. It grants 28,755 or 32,400 Soles, depending on the value of the home being purchased.
    Notes: The Family Housing Bonus (BFH) is a direct subsidy, offered by FMV, for low-income families. It grants 28,755 or 32,400 Soles, depending ont he value of the home being purchased.
    Notes: The FMV program also supports housing credit beneficiaries with down-payment subsidies and subsidies on savings to mortgage loans.
    Notes: The FMV program also supports housing credit beneficiaries with down-payment subsidies and subsidies on savings to mortgage loans.
    Notes: The FMV program also supports housing credit beneficiaries with down-payment subsidies and subsidies on savings to mortgage loans.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: The Peruvian public Credit Bureau, which is operated by SBS, began operating in 1968.
    Notes: Very small component, only began recently
    Notes: Very small component, only began recently