Peru's economy advanced 4.18 percent year-on-year in October of 2018, quickening from a 2.13 percent growth in the prior month and well above market expectations of a 2.85 percent rise. It is the strongest expansion since May, with main positive contributions coming from fisheries (22.71% vs 19.68% in September); construction (8.71% vs -2.90%); telecommunications (8.09% vs 5.74%); agriculture and livestock activities (7.20% vs 4.40%); manufacturing (7.14% vs 1.19%); finance & insurance (4.75% vs 4.00%); restaurants & lodging (4.37% vs 4.25%) and trade (2.57% vs 1.42%). Conversely, slower growth was seen in transport & storage (2.49% vs 4.49%) and the mining sector contracted (-2.32% vs 0.90%), amid lower extraction of metals such as silver (-9.1%), lead (-8.4%), zinc (-8.4%); gold (-6.3%) and copper (-4.2%). Considering the first ten months of 2018, economic activity expanded 3.70 percent compared to the same period of 2017. Leading Economic Index in Peru averaged 4.78 percent from 2008 until 2018, reaching an all time high of 14.08 percent in April of 2008 and a record low of -2.86 percent in June of 2009.

Leading Economic Index in Peru is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Peru to stand at 3.60 in 12 months time. In the long-term, the Peru GDP YoY is projected to trend around 4.20 percent in 2020, according to our econometric models.

Peru GDP YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-14 11:00 PM GDP Growth Rate YoY 2.31% 1.98% 2.8% 3.5%
2018-10-15 01:00 PM GDP Growth Rate YoY 2.25% 2.31% 3.4%
2018-11-15 02:00 PM GDP Growth Rate YoY 2.13% 2.22% 2.9% 2.1%
2018-12-14 01:55 PM GDP Growth Rate YoY 4.18% 2.13% 2.85% 2.4%
2019-01-15 02:00 PM GDP Growth Rate YoY 4.18% 4.4%
2019-02-15 02:10 PM GDP Growth Rate YoY 4.3%
2019-03-15 02:10 PM GDP Growth Rate YoY


Peru Business Last Previous Highest Lowest Unit
Business Confidence 52.40 55.10 75.30 32.40 Index Points [+]
Industrial Production -1.41 1.40 51.80 -43.10 percent [+]
Changes in Inventories -3936.18 1627.31 6200.41 -6323.29 PEN Million [+]
Leading Economic Index 4.18 2.13 14.08 -2.86 percent [+]
Internet Speed 6231.99 5558.31 6231.99 750.26 KBps [+]
IP Addresses 1032242.00 1025133.00 1276429.00 378792.00 IP [+]
Steel Production 105.00 100.00 115.00 8.00 Thousand Tonnes [+]
Ease of Doing Business 68.00 58.00 68.00 39.00 [+]
Competitiveness Index 61.26 61.08 61.26 3.86 Points [+]
Competitiveness Rank 63.00 60.00 86.00 60.00 [+]
Copper Production 209824.09 207160.52 224651.43 5300.00 Tonnes [+]
Corruption Index 37.00 35.00 45.00 33.00 Points [+]
Corruption Rank 96.00 101.00 101.00 40.00 [+]


Peru GDP YoY

In Peru, Leading Economic Index refers to a year on year GDP growth change. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.18 2.13 14.08 -2.86 2008 - 2018 percent Monthly
Constant prices, NSA




Country Last Previous
Argentina -4.50 Oct/18
Australia 0.10 Oct/18
Brazil -0.09 Sep/18
Canada -0.10 Sep/18
Japan 100.50 Oct/18
Mexico 2.10 Sep/18
Russia 2.50 Oct/18
Singapore 112.00 Sep/18
South Africa -0.20 Sep/18
South Korea 113.40 Oct/18
Turkey 0.33 Oct/18
United Kingdom 0.40 Oct/18
United States 124.54 Oct/18


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