Peru Economy Grows for 6th Straight Quarter

2025-08-22 17:11 By Felipe Alarcon 1 min. read

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%.



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