The recruitment rate of Peruvian anchoveta, Engraulis ringens, was studied to test the hypothesis that long-term environmental variation (regime shifts) had a significant impact on density-dependent processes governing the anchovy recruitment during the period 1963-2004. On the basis of previous defined regimes and turning points for the Humboldt Current System, we identified two groups of years for increased recruitment of anchoveta (1963-1971 and 1986-2004), and one unfavorable period (1972-1985). A common intercept and significantly different slopes were found when the recruitment rate was plotted as a function of the spawning stock biomass during those groups of years, suggesting that density-dependent effects on recruitment were affected during different climate regimes. The favorable (unfavorable) regime was characterized by higher (lower) zooplankton volumes, and with a higher frequency of colder (warmer) waters. Dome-shaped relationships between recruitment rate, spawning stock biomass and SST, were detected with a Generalized Additive Model for the favorable regime. Thus, recruitment could be explained by non-linear effects of environmental variables. Ultimately, climatic regimes are affecting the density-dependent effects on recruitment of anchoveta and the mechanisms involved may be associated with changes in the carrying capacity of the spawning habitat of anchoveta off Peru, which in turn are related with the effects of cold and warm regimes. © 2009 Elsevier Ltd. All rights reserved.