Peru - Wage & Salaries
Peru: Wage & Salaries
| Mnemonic | YPEWS.IPER | |
|---|---|---|
| Unit | Mil. PEN, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Annual | 8.41 % | |
| Data | 2024 | 308,247 |
| 2023 | 284,345 | |
Series Information
| Source | National Institute of Statistics and Informatics (INEI) |
| Release | Compensation of Employees |
| Frequency | Annual |
| Start Date | 12/31/2007 |
| End Date | 12/31/2024 |
Peru: Labor
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Unemployment Rate | Apr 2026 | 5.3 | 6.8 | 3months moving avg., NSA | Monthly |
| Labor Force | Mar 2026 | 6,121 | 6,105 | Ths. # 3-mo MA, NSA | Monthly |
| Labor Force Employment | Mar 2026 | 5,702 | 5,716 | Ths. # 3-mo MA, NSA | Monthly |
| Total Employment | Mar 2026 | 5,702 | 5,716 | Ths. # 3-mo MA, NSA | Monthly |
| Wage & Salaries | 2024 | 308,247 | 284,345 | Mil. PEN, NSA | Annual |
| Primary Industries Employment | 2021 | 4,989 | 4,916 | Ths. # | 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
where:
- 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.
For more information, please visit: http://www1.inei.gob.pe/media/MenuRecursivo/metodologias/pbi02.pdf