Account, out of labor force in Peru

Peru: Account, out of labor force was 41.3% in 2024. ▲ Rising

Latest (2024)
41.3%
Change on year
up 7.8%
World rank
78th
of 99 countries
All-time high
41.3%
in 2024
All-time low
12.4%
in 2011
Years of data
5
2011–2024

Account, out of labor force in Peru, 2011–2024

102030402011201720242011: 12.4 % age 15+2014: 14.5 % age 15+2017: 26.2 % age 15+2021: 38.3 % age 15+2024: 41.3 % age 15+

Source: Global Findex database. Measured in % age 15+.

Analysis

Peru recorded 41.3% for account, out of labor force in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 7.8% on the previous year and up 185.6% over ten years.

Over the whole period, account, out of labor force in Peru peaked at 41.3% in 2024 and was at its lowest, 12.4%, in 2011.

Peru ranks 78th of 99 countries on this measure, in the bottom quarter.

Account, out of labor force in Peru, year by year

Annual values for Account, out of labor force (% age 15+) in Peru, 2011 to 2024.
Year % age 15+ Change
2011 12.4% —
2014 14.5% +17.1%
2017 26.2% +81.1%
2021 38.3% +46.3%
2024 41.3% +7.8%

Peru compared with similar countries

  • Peru's 41.3% is below the median for upper middle income countries, which is 61.6%, 67% of the median. (33 countries reporting)
  • Peru's 41.3% is below the median for Latin America & Caribbean, which is 45.5%, 91% of the median. (16 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 17.7% 12.4% 26.2% 3
2020s 39.8% 38.3% 41.3% 2

Countries ranked near Peru

  1. 75 Mexico 42.8% compare
  2. 76 Nigeria 42.7% compare
  3. 77 Cameroon 42.5% compare
  4. 79 Vietnam 41.3% compare
  5. 80 Burkina Faso 41.0% compare
  6. 81 Azerbaijan 40.9% compare

See the full ranking of 111 places →

More reference data data for Peru

All data for Peru →

Frequently asked questions

What is account, out of labor force in Peru?
Account, out of labor force in Peru was 41.3% in 2024, according to Global Findex database.
What is the highest account, out of labor force recorded in Peru?
The highest recorded value was 41.3% in 2024.
What is the lowest account, out of labor force recorded in Peru?
The lowest recorded value was 12.4% in 2011.
How does Peru rank for account, out of labor force?
Peru ranks 78th out of 99 countries with data for 2024.
Is account, out of labor force rising or falling in Peru?
Over the last ten years it is up 185.6%. The long-run trend across the full record is rising.
Where does this Peru data come from?
The figures come from Global Findex database, published as part of Account, out of labor force (% age 15+). Statizoid updates them automatically from the source API.

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Account, out of labor force in Peru. Statizoid, drawing on Global Findex database. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/account-out-of-labor-force-percent-age-15/peru/

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About this data

Indicator
Account, out of labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 555 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), out of labor force (% age 15+)