Makrognosis

Peru Credit Rating & Sovereign Risk Score

Model scoreCode CREDIT:PE

Model score55 / 1009 Nov 2026
Grade equivalentBBB-model-implied
BandSpeculative grade0–100 scale, 100 = strongest
Rank59th of 84economies scored

Makrognosis sovereign credit model scores Peru at 55 out of 100 as of 9 November 2026, equivalent to BBB- on the familiar letter scale — speculative grade.

The score is unchanged from the previous assessment on 1 October 2026.

That places Peru 59th of the 84 economies the model scores; Russia has the highest score at 100.

Key inputs include government debt of 29.2% of GDP, a fiscal balance of −0.9% of GDP, a current account balance of 3.6% of GDP.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Peru sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 202652545658Robomacro
Peru sovereign credit score (0–100), 18 Jun 2026 – 9 Nov 2026. Source: Makrognosis sovereign credit model.

Score history

Assessment dateScoreGrade equivalent
9 November 202654.7BBB-
1 October 202654.7BBB-
31 July 202654.7BBB-
30 July 202652.8BBB-
26 July 202656.1BBB-
21 June 202658.8BBB
18 June 202655.6BBB-
Get the Peru sovereign risk score in your code

Score, grade equivalent and inputs for 84 economies. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/credit/PE"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/credit/PE",
                 headers={"X-API-Key": KEY})
score = r.json()["headline"]["score_0_100"]
Get a free API key → · API docs

What drives the score

The model's published inputs for Peru, from official national and international statistics.

InputValueVintage
GDP per capitaUS$9,684.42026
Real GDP growth, 5-year average3.5%2026
Inflation, recent average3.4%2026
Government debt29.2% of GDP2026
Fiscal balance−0.9% of GDP2026
Current account balance3.6% of GDP2026
External debt34.2% of GDP2026
Foreign-exchange reserves10.4 months of imports2026
Governance (World Bank WGI composite)−0.3252026

How Peru compares

#EconomyAs ofScore
1Russia9 Nov 2026100
2Turkey9 Nov 2026100
3Denmark9 Nov 202698
4Switzerland9 Nov 202696
5Netherlands9 Nov 202695
54Guyana9 Nov 202657
55Thailand9 Nov 202657
56Bahrain9 Nov 202656
57Brazil9 Nov 202656
58Mexico9 Nov 202656
59Peru9 Nov 202655
60Vietnam9 Nov 202654
61Colombia9 Nov 202654
62Philippines9 Nov 202654
63Kazakhstan9 Nov 202653
64China9 Nov 202653
65Morocco9 Nov 202653

All 84 economies ranked →

Peru economic indicators

Peru GDP (Gross Domestic Product)Peru Nominal GDP, current prices (INEI, quarterly)Peru Inflation Rate (CPI)Peru Core Inflation RatePeru Unemployment RatePeru 10-Year Government Bond YieldPeru Industrial ProductionPeru Trade Balance: Goods & ServicesPeru Exports total FOBPeru Total imports of goods, FOB, USD million (BCRP)Peru Government Debt to GDPPeru M2 Money StockPeru 10-Year Government Bond Yield in Soles (BCRP daily)Peru BCRP monetary policy reference rate (Tasa de Referencia)Peru GDP Growth Rate (YoY %)Peru GDP in US Dollars

FAQ

What is Peru's credit rating?
Makrognosis sovereign credit model scores Peru at 55/100 as of 9 November 2026, equivalent to BBB- (speculative grade). This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.
How is the sovereign risk score calculated?
A statistical model scores each economy from published inputs — government debt and fiscal balance, current account and external debt, GDP per capita and growth, inflation, reserves and governance — on a 0–100 scale where 100 is the strongest credit. It is re-run as the inputs update.
Where can I get the data?
Through the Makrognosis API: GET /v1/credit/PE returns the score history and inputs; /v1/credit/universe lists every economy.

This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

Last assessed 2026-11-09. Source: Makrognosis sovereign credit model.