Peru - Wage & Salaries

Peru: Wage & Salaries

Unit Mil. PEN, NSA
Adjustments Not Seasonally Adjusted
Annual 9.25 %
Data 2020 218,619
2019 240,913

Series Information

Source National Institute of Statistics and Informatics (INEI)
Release Compensation of Employees
Frequency Annual
Start Date 12/31/2007
End Date 12/31/2020

Peru: Labor

Reference Last Previous Units Frequency
Labor Force Dec 2022 5,473 5,447 Ths. # 3-mo MA, NSA Monthly
Labor Force Employment Dec 2022 5,084 5,032 Ths. # 3-mo MA, NSA Monthly
Total Employment Dec 2022 5,084 5,032 Ths. # 3-mo MA, NSA Monthly
Unemployment Rate Dec 2022 7.1 7.6 3months moving avg., NSA Monthly
Primary Industries Employment 2021 4,989 4,916 Ths. # Annual
Wage & Salaries 2020 218,619 240,913 Mil. PEN, NSA Annual
Unemployment Apr 2020 360.7 406.2 Ths., NSA Monthly
Agriculture Employment 2017 5,088,095 4,974,987 # Annual

Release Information

The National Institute of Statistics and Information (INEI) reports annual Gross Domestic Product from the point of view of income. Compensation of employees from the GDP income approach represents how income is distributed. Figures are in millions of Peruvian Nuevo Sol (Mil. PEN) and are not seasonally adjusted (NSA). 

INEI calculates GDP (income approach) using the following formula:

PBI = + R + CKF + Ipm + EE


  • R  = Remuneration
  • CKF = Fixed Capital Consumption
  • Ipm = Tax on Production and Imports
  • EE = Exploitation Surplus
Remuneration of employees includes all payments by employers in return for work before any deductions (social security, pension, etc.). Fixed Capital Consumption is the value (at current costs) of fixed assets. Installations, depreciation, and equipment consumed during production are included. Taxes on production and imports includes added value by the State at market prices. Exploitation Surplus is the profits and losses (business risk) of the business from production of the economic unit. 

Data is subject to revisions. 

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