Peru's economy expanded 3.4% year-on-year in Q3 2025, up from a downwardly revised 2.6% in Q2 and marking the seventh consecutive yearly expansion, supported by strength in domestic demand (6.6%). Private consumption rose (3.2% vs 2.9% in Q2), driven by higher employment and increased labor income. Government spending also accelerated (4.7% vs 3.7%), fueled by higher expenditures on public administration and defense, as well as on public education and public health. Gross fixed investment increased faster (10.1% vs 7.8%), with public and private investment rising by 3.5% and 12.2%, respectively. Meanwhile, net trade contributed modestly to GDP, as exports rose 1.2% and imports increased 11.6%. By sector, output grew mainly in extractive industries (4.7%), services (3.1%), and manufacturing/transformation (2.3%). On a seasonally adjusted basis, the economy grew by 1.2%. source: Instituto Nacional de Estadística e Informática (INEI)

The Gross Domestic Product (GDP) in Peru expanded 3.40 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Peru averaged 3.27 percent from 1980 until 2025, reaching an all time high of 41.90 percent in the second quarter of 2021 and a record low of -29.60 percent in the second quarter of 2020. This page provides - Peru GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The Gross Domestic Product (GDP) in Peru expanded 3.40 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Peru is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru GDP Annual Growth Rate is projected to trend around 3.00 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-08-22 05:00 PM
GDP Growth Rate YoY
Q2 2.9% 3.9% 2.3%
2025-11-21 08:00 PM
GDP Growth Rate YoY
Q3 3.4% 2.9% 3%
2026-02-20 08:00 PM
GDP Growth Rate YoY
Q4


Related Last Previous Unit Reference
Full Year GDP Growth 3.30 -0.40 percent Dec 2024
GDP Growth Rate YoY 3.40 2.60 percent Sep 2025
GDP from Agriculture 8971.82 11602.93 PEN Million Sep 2025
GDP from Construction 9914.27 8854.55 PEN Million Sep 2025
GDP from Manufacturing 17561.47 18082.23 PEN Million Sep 2025
GDP from Mining 18920.44 17700.48 PEN Million Sep 2025
GDP from Public Administration 8803.00 8159.00 PEN Million Sep 2025
GDP from Services 16683.00 16216.00 PEN Million Sep 2025
GDP from Transport 8305.00 8222.00 PEN Million Sep 2025
GDP from Utilities 2844.00 2832.00 PEN Million Sep 2025
GDP Growth Rate 1.20 0.40 percent Sep 2025


Peru GDP Annual Growth Rate
Peru is one of the fastest growing economies in Latin America. The services sector is the most important and accounts for 60 percent of GDP. The biggest segments within services are: wholesale and retail trade (17 percent of total GDP); other services (11 percent); transport and communications (10 percent); services provided to companies (8 percent) and government services (6 percent). Manufacturing creates 16 percent of the wealth and construction and water, gas and electricity distribution 10 percent. The agriculture and fishing sector fuels 9 percent of the GDP and the mining sector accounts for the remaining 5 percent.
Actual Previous Highest Lowest Dates Unit Frequency
3.40 2.60 41.90 -29.60 1980 - 2025 percent Quarterly
2007=100

News Stream
Peru Economy Expands for 7th Straight Quarter
Peru's economy expanded 3.4% year-on-year in Q3 2025, up from a downwardly revised 2.6% in Q2 and marking the seventh consecutive yearly expansion, supported by strength in domestic demand (6.6%). Private consumption rose (3.2% vs 2.9% in Q2), driven by higher employment and increased labor income. Government spending also accelerated (4.7% vs 3.7%), fueled by higher expenditures on public administration and defense, as well as on public education and public health. Gross fixed investment increased faster (10.1% vs 7.8%), with public and private investment rising by 3.5% and 12.2%, respectively. Meanwhile, net trade contributed modestly to GDP, as exports rose 1.2% and imports increased 11.6%. By sector, output grew mainly in extractive industries (4.7%), services (3.1%), and manufacturing/transformation (2.3%). On a seasonally adjusted basis, the economy grew by 1.2%.
2025-11-21
Peru Economy Grows for 6th Straight Quarter
Peru's economy expanded 2.8% year-on-year in Q2 2025, slowing slightly from 3.9% growth in the previous period and marking the sixth consecutive yearly expansion, supported by strength in domestic demand (6.0%). Private consumption eased (2.9% vs 3.8% in Q1), driven by higher employment and increased labor income. Government spending also eased (3.7% vs 4.7%), fueled by higher expenditures on public administration and defense, as well as on public education and public health. Gross fixed investment increased faster (7.8% vs 4.0%), with public and private investment rising by 3.2% and 9.8%, respectively. Meanwhile, net trade contributed modestly to GDP, as exports rose 2.7% and imports increased 13.9%. By sector, output grew mainly in manufacturing/transformation (3.0%), services (2.8%), and extractive industries (1.3%). On a seasonally adjusted basis, the economy grew by 0.5%.
2025-08-22
Peru GDP Annual Growth Rate Eases to 3.9% in Q1
Peru's economy expanded 3.9% year-on-year in Q1 2025, slowing slightly from 4.9% growth in the previous period and marking the fifth consecutive yearly expansion, supported by strength in domestic demand (4.4%). Private consumption rose eased (3.8% vs 4.2% in Q4), driven by higher employment and increased labor income. Government spending rebounded (4.7% vs -0.7%), fueled by higher expenditures on public administration and defense, as well as on public education and public health. Gross fixed investment increased faster (9.7% vs 4.0%), with public and private investment rising by 10.7% and 9.5%, respectively. Meanwhile, net trade contributed positively to GDP, as exports surged 14.2% and imports soared 15.5%. By sector, output grew mainly in agriculture (4.0%), oil, gas, and mineral extraction (2.4%), manufacturing (4.0%), construction (5.3%), commerce (3.4%), and transportation, warehousing, mail, and courier services (7.4%). On a seasonally adjusted basis, the economy grew by 0.6%.
2025-05-26