Population Growth Trends in Peru from 1990 to 2023

Population Growth Trends in Peru from 1990 to 2023

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TGM StatBox. (2024). Population Growth Trends in Peru from 1990 to 2023. TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Peru
Published date: 2024
Note: Population growth, as defined by World Development Indicators, refers to the change in the number of individuals in a population over a specific period, usually expressed as a percentage of the total population.
Key Takeaways
Peru experienced a marked decline in population growth rates from 2.2% in 1990 to just 0.9% in 2023. The reduction aligns with falling fertility rates and urbanization, as more Peruvians moved to cities where smaller family sizes are common. A sharper decline was evident from 2000 (1.5%) to 2007 (0.8%), reflecting economic and social shifts during this period.

The growth rate recovered slightly during the 2010s, peaking at 1.9% in 2018 and 2019, fueled by improved healthcare and increased life expectancy. However, recent years have shown a downward trend, reaching 0.9% in 2023, indicating Peru's progression toward demographic stability.

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