Number of Borrowers, Commercial Banks, of Which: Household Sector in Peru
Peru: Number of Borrowers, Commercial Banks, of Which: Household Sector was 4.13 million in 2024. ▲ Rising
Number of Borrowers, Commercial Banks, of Which: Household Sector in Peru, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, number of borrowers, commercial banks, of which: household sector in Peru stood at 4.13 million. That is the highest value across all 21 years on record.
The figure is up 11.5% on the previous year and up 24.4% over ten years.
Over the whole period, number of borrowers, commercial banks, of which: household sector in Peru peaked at 4.13 million in 2024 and was at its lowest, 1.19 million, in 2004.
That places Peru 22nd out of 89 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Number of Borrowers, Commercial Banks, of Which: Household Sector in Peru, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 1.19 million | — |
| 2005 | 1.35 million | +13.0% |
| 2006 | 1.60 million | +18.3% |
| 2007 | 1.95 million | +22.1% |
| 2008 | 2.33 million | +19.7% |
| 2009 | 2.17 million | -7.0% |
| 2010 | 2.33 million | +7.4% |
| 2011 | 2.59 million | +11.1% |
| 2012 | 2.92 million | +12.9% |
| 2013 | 3.17 million | +8.6% |
| 2014 | 3.32 million | +4.6% |
| 2015 | 3.30 million | -0.5% |
| 2016 | 3.28 million | -0.7% |
| 2017 | 3.27 million | -0.4% |
| 2018 | 3.35 million | +2.7% |
| 2019 | 3.62 million | +8.0% |
| 2020 | 3.39 million | -6.5% |
| 2021 | 3.43 million | +1.1% |
| 2022 | 3.76 million | +9.6% |
| 2023 | 3.70 million | -1.4% |
| 2024 | 4.13 million | +11.5% |
Peru compared with similar countries
- Peru's 4.13 million is above the median for upper middle income countries, which is 1.67 million, 2.5× the median. (32 countries reporting)
- Peru's 4.13 million is above the median for Latin America & Caribbean, which is 2.19 million, 1.9× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.77 million | 1.19 million | 2.33 million | 6 |
| 2010s | 3.12 million | 2.33 million | 3.62 million | 10 |
| 2020s | 3.68 million | 3.39 million | 4.13 million | 5 |
Countries ranked near Peru
More financial sector data for Peru
- Reserve position in the IMF, US dollar, annual growth rate 5.94 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.46 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.8855 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.83 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.94 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.46 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.8855 % change on previous year (2025)
Frequently asked questions
- What is number of borrowers, commercial banks, of which: household sector in Peru?
- Number of borrowers, commercial banks, of which: household sector in Peru was 4.13 million in 2024, according to International Monetary Fund.
- What is the highest number of borrowers, commercial banks, of which: household sector recorded in Peru?
- The highest recorded value was 4.13 million in 2024.
- What is the lowest number of borrowers, commercial banks, of which: household sector recorded in Peru?
- The lowest recorded value was 1.19 million in 2004.
- How does Peru rank for number of borrowers, commercial banks, of which: household sector?
- Peru ranks 22nd out of 89 countries with data for 2024.
- Is number of borrowers, commercial banks, of which: household sector rising or falling in Peru?
- Over the last ten years it is up 24.4%. The long-run trend across the full record is rising.
- Where does this Peru data come from?
- The figures come from International Monetary Fund, published as part of Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.