Related Experiment Videos
Peru GDP real-time dataset (1994-2025): Tracking three decades of revisions
Jason Josue Cruz1, Diego Winkelried1, Javier Torres1
1School of Economics and Finance, Universidad del Pacífico, Av. Salaverry 2020, Jesús María, Lima 15072, Peru.
Data in Brief
|June 8, 2026
Summary
This study presents a real-time dataset of Peru's Gross Domestic Product (GDP) growth rates from 1994-2025. The data aids research in GDP revisions, forecasting accuracy, and statistical practices in emerging economies.
Area of Science:
- Economics
- Econometrics
- Data Science
Background:
- Peru's Central Reserve Bank (BCRP) Weekly Reports contain valuable economic data.
- Historical GDP data required significant manual effort for digitization and processing.
- Accessing and utilizing real-time economic data presents challenges for researchers.
Purpose of the Study:
- To introduce a comprehensive, real-time dataset of Peru's Gross Domestic Product (GDP) growth rates.
- To provide a structured resource for analyzing GDP revision patterns and forecasting accuracy.
- To facilitate research on statistical practices in emerging economies.
Main Methods:
- Systematic collection and processing of three decades of BCRP Weekly Reports.
- Digitization using Optical Character Recognition (OCR) and manual verification for 1994-2012 data.
- Automated web-scraping and PDF extraction for post-2013 data.
- Organization of data into raw, input, and output tiers, and in vintage and release formats.
- Development of an open-source Python pipeline for reproducibility.
Main Results:
- A comprehensive real-time dataset of monthly, quarterly, and annual GDP growth rates for Peru (1994-2025).
- Dataset includes aggregate GDP and eight economic sectors, with base-year adjustments and benchmark revision identification.
- Data provided in CSV format with extensive documentation.
- An open-source Python pipeline ensures reproducibility and facilitates future updates.
Conclusions:
- The real-time dataset is a valuable resource for economic research, particularly in GDP revision analysis and forecasting.
- The methodology employed offers a replicable approach for constructing similar datasets in other emerging economies.
- Availability of this data supports improved accuracy in economic modeling and policy evaluation.
Related Concept Videos
Population Growth
Population size is dynamic, increasing with birth rates and immigration, and decreasing with death rates and emigration. In ideal conditions with unlimited resources, populations can increase exponentially, which plots as a J-shaped growth rate curve of population size against time. This type of curve is characteristic of newly-introduced invasive species, or populations that have suffered catastrophic declines and are rebounding.However, realistic environmental conditions limit the number of...
Econometric Views (EViews)
Econometric Views, often stylized as EViews, is a package that merges statistical analysis with econometric studies. It is designed to provide tools for time series analysis, forecasting, and econometric model simulation. The software originated from MicroTSP software and has evolved significantly since its inception in 1981. The history of EViews is marked by a continuous effort to enhance its computational speed and user interface. It was initially developed for large computing systems but...
Regression Toward the Mean
Regression toward the mean (“RTM”) is a phenomenon in which extremely high or low values—for example, and individual’s blood pressure at a particular moment—appear closer to a group’s average upon remeasuring. Although this statistical peculiarity is the result of random error and chance, it has been problematic across various medical, scientific, financial and psychological applications. In particular, RTM, if not taken into account, can interfere when researchers try to extrapolate results...
Longitudinal Research
Sometimes we want to see how people change over time, as in studies of human development and lifespan. When we test the same group of individuals repeatedly over an extended period of time, we are conducting longitudinal research. Longitudinal research is a research design in which data-gathering is administered repeatedly over an extended period of time. For example, we may survey a group of individuals about their dietary habits at age 20, retest them a decade later at age 30, and then again...
Time-Series Graph
A time-series graph is a line graph with repeated measurements taken at successive intervals of time. It is also called a time series chart. To construct a time-series graph, one must look at both pieces of a paired data set. The horizontal axis is used to plot the time increments, and the vertical axis is used to plot the values of the variable that one is measuring. By using the axes in this way, each point on the graph will correspond to time and a measured quantity. The points on the graph...
Longitudinal Studies
Longitudinal studies are also widely used in other medical and social science fields. For instance, in cardiovascular research, they can monitor patients' health over decades to identify risk factors for heart disease, such as high cholesterol or smoking, and evaluate the long-term effectiveness of preventive measures. Similarly, in mental health studies, researchers might follow individuals from adolescence into adulthood to understand the development and progression of conditions like...