Wheat — Terms of trade in Peru
Peru: Wheat — Terms of trade was 114.1 % in 2024. ◆ Volatile
Wheat — Terms of trade in Peru, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for wheat — terms of trade in Peru is 114.1 %, measured in 2024.
Compared with earlier readings it is up 51.0% on the previous year and up 25.3% over ten years.
Over the whole period, wheat — terms of trade in Peru peaked at 1,445 % in 2017 and was at its lowest, 64.78 %, in 2022.
That places Peru 19th out of 80 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Wheat — Terms of trade in Peru, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 91.14 % | — |
| 2011 | 78.15 % | -14.3% |
| 2012 | 85.96 % | +10.0% |
| 2013 | 87.96 % | +2.3% |
| 2014 | 91.07 % | +3.5% |
| 2015 | 103.89 % | +14.1% |
| 2016 | 107.45 % | +3.4% |
| 2017 | 1,445 % | +1244.4% |
| 2018 | 94.15 % | -93.5% |
| 2019 | 97.57 % | +3.6% |
| 2020 | 175.88 % | +80.3% |
| 2021 | 88.68 % | -49.6% |
| 2022 | 64.78 % | -27.0% |
| 2023 | 75.54 % | +16.6% |
| 2024 | 114.1 % | +51.0% |
Peru compared with similar countries
- Peru's 114.1 % is above the median for upper middle income countries, which is 81.35 %, 1.4× the median. (21 countries reporting)
- Peru's 114.1 % is above the median for Latin America & Caribbean, which is 76.1 %, 1.5× the median. (12 countries reporting)
Biggest year-on-year movements
Years where Wheat — Terms of trade in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +1244.4% | 107.45 % | 1,445 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 228.19 % | 78.15 % | 1,445 % | 10 |
| 2020s | 103.8 % | 64.78 % | 175.88 % | 5 |
Countries ranked near Peru
More agriculture & rural data for Peru
- Agriculture, forestry, and fishing, value added (current US$), annual 12.59 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0747 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 637.02 current US$ per person (2024)
- Rural population, annual growth rate -1.72 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.144 units per person (2025)
- Share of GDP from agriculture 7.5% (2024)
- Agriculture as a share of GDP vs. GDP per capita 7.5% (2024)
- Agricultural raw materials exports 0.6% (2024)
- Agricultural raw materials imports 1.2% (2024)
Frequently asked questions
- What is wheat — terms of trade in Peru?
- Wheat — terms of trade in Peru was 114.1 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest wheat — terms of trade recorded in Peru?
- The highest recorded value was 1,445 % in 2017.
- What is the lowest wheat — terms of trade recorded in Peru?
- The lowest recorded value was 64.78 % in 2022.
- How does Peru rank for wheat — terms of trade?
- Peru ranks 19th out of 80 countries with data for 2024.
- Is wheat — terms of trade rising or falling in Peru?
- Over the last ten years it is up 25.3%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK