Peru’s economy grew 12.9 percent year-on-year in July of 2021, easing from a 23.5 percent expansion in June. It is the fifth consecutive month of growth, as the economy recovers from the heavy contractions of 2020. Expansion was driven by manufacturing (6.7 percent), commerce (13.3 percent), agriculture (11.1 percent), construction (37.4 percent), transport (38.6 percent) and hotels (124.2 percent). On the other hand, mining output went down 0.9 percent. Year to date, Peru’s economy grew by 19.7 percent source: Instituto Nacional de Estadística e Informática (INEI)

Leading Economic Index in Peru averaged 4.26 percent from 2008 until 2021, reaching an all time high of 59.42 percent in April of 2021 and a record low of -39.19 percent in April of 2020. This page provides the latest reported value for - Peru GDP YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Peru GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Leading Economic Index in Peru is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru GDP YoY is projected to trend around 3.70 percent in 2022, according to our econometric models.

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Peru GDP YoY

Actual Previous Highest Lowest Dates Unit Frequency
12.94 23.45 59.42 -39.19 2008 - 2021 percent Monthly
Constant prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-15 03:20 PM Apr 58.49% 18.21%
2021-07-15 03:30 PM May 47.8% 58.49% 50%
2021-08-16 01:10 PM Jun 23.45% 48.3% 37.6% 25%
2021-09-15 03:00 PM Jul 12.94% 23.45% 19%
2021-10-15 03:15 PM Aug 12.94%
2021-11-16 01:20 PM Sep
2021-12-14 03:15 PM Oct


News Stream
Peru Economy Eases Expansion
Peru’s economy grew 12.9 percent year-on-year in July of 2021, easing from a 23.5 percent expansion in June. It is the fifth consecutive month of growth, as the economy recovers from the heavy contractions of 2020. The expansion was driven by manufacturing (6.7 percent), commerce (13.3 percent), agriculture (11.1 percent), construction (37.4 percent), transport (38.6 percent) and hotels (124.2 percent). On the other hand, mining output went down 0.9 percent. Year to date, Peru’s economy grew by 19.7 percent
2021-09-15
Peru Economy Grows For 4th Month
Peru's economy grew 23.5 percent year-on-year in June 2021, following a 47.8 percent expansion in the previous month. It is the fourth consecutive month of expansion, as construction, manufacturing and trade surged back from very low points last year. In June 2020, the economy contracted by 18.1 percent, when its productive industry was shut and consumers were under strict restrictions due to the first wave of COVID-19. Considering the first half of 2021, the Peruvian economy advanced 20.9 percent over a year ago.
2021-08-16
Peru Economy Grows 47.8% in May
Peru's economy grew 47.8 percent year-on-year in May 2021, following a record 58.49 percent expansion in the previous month, reflecting a low base year and the ongoing economic recovery from the pandemic hit. Almost all sectors posted positive growth, led by trade, manufacturing, mining, construction, and transportation and storage. In May 2020, the economy contracted by 32.59 percent, when its productive industry was shut and consumers were under strict restrictions due to the first wave of COVID-19.
2021-07-15
Peru Economic Activity Expands at Record Pace
Peru's economy advanced 58.49 percent year-on-year in April of 2021, following an 18.21 percent expansion in the previous month. It was the fastest-growing pace ever recorded since the beginning of the series, supported by the positive results of all the sectors of the economy, except for agriculture, which showed a decrease.
2021-06-15

Peru GDP YoY
In Peru, Leading Economic Index refers to a year on year GDP growth change.