Peru’s GDP grew by 3.68% year-on-year in February 2026, up from 3.54% in the previous month and above market expectations of 3.1%. Despite the country's political instability, and with recent elections last Sunday, the expansion was broad-based. Key drivers included strong growth in construction (8.9%) and commerce (6.06%), alongside gains in agriculture (0.71%), manufacturing (2.74%), transportation (4.1%), public administration and defense (3.57%), business services (4.05%), restaurants and hotels (7.22%), telecommunications (0.57%), and electricity, gas, and water (2.99%). In contrast, the key mining and hydrocarbon sector declined by 1.11%. Meanwhile, fishing contracted by 5.2% and financial services edged down by 0.25%. On a monthly basis, the seasonally adjusted production index slipped by 0.01%, reversing a 0.63% increase in the previous period, and activity grew 3.44% in the March 2025 - February 2026 period. source: Instituto Nacional de Estadística e Informática (INEI)

Monthly GDP YoY in Peru increased to 3.68 percent in February from 3.54 percent in January of 2026. Monthly GDP YoY in Peru averaged 3.77 percent from 2008 until 2026, reaching an all time high of 58.49 percent in April of 2021 and a record low of -39.19 percent in April of 2020. This page includes a chart with historical data for Peru Monthly GDP YoY. Peru Economic Activity Slows - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-15 03:00 PM
GDP Growth Rate YoY
Jan 3.54% 3.83% 3.6%
2026-04-15 03:00 PM
GDP Growth Rate YoY
Feb 3.68% 3.54% 3.1% 2.8%
2026-05-15 03:00 PM
GDP Growth Rate YoY
Mar 3.68%


Related Last Previous Unit Reference
Full Year GDP Growth 3.44 3.30 percent Dec 2025
GDP 289.22 266.96 USD Billion Dec 2024
GDP Growth Rate YoY 3.20 3.40 percent Dec 2025
GDP Constant Prices 160444.91 154202.69 PEN Million Dec 2025
GDP from Agriculture 8969.15 8998.20 PEN Million Dec 2025
GDP from Construction 12031.25 9926.58 PEN Million Dec 2025
GDP from Manufacturing 18796.25 17535.93 PEN Million Dec 2025
GDP from Mining 18943.92 18919.01 PEN Million Dec 2025
GDP from Public Administration 9743.00 8803.00 PEN Million Dec 2025
GDP from Services 17859.00 16693.00 PEN Million Dec 2025
GDP from Transport 8194.00 8306.00 PEN Million Dec 2025
GDP from Utilities 2921.00 2844.00 PEN Million Dec 2025
GDP Growth Rate 0.60 1.20 percent Dec 2025
GDP per Capita 6711.19 6568.00 USD Dec 2024
GDP per Capita PPP 15661.75 15327.58 USD Dec 2024
Gross Fixed Capital Formation 45728.39 41150.59 PEN Million Dec 2025
GDP Growth Rate YoY 3.68 3.54 percent Feb 2026


Peru Economic Activity Slows
In Peru, Monthly GDP YoY measures the change in the value of the goods and services produced by the country economy compared to the corresponding month in the previous year.
Actual Previous Highest Lowest Dates Unit Frequency
3.68 3.54 58.49 -39.19 2008 - 2026 percent Monthly
Constant prices, NSA

News Stream
Peru Economic Growth Above Expectations
Peru’s GDP grew by 3.68% year-on-year in February 2026, up from 3.54% in the previous month and above market expectations of 3.1%. Despite the country's political instability, and with recent elections last Sunday, the expansion was broad-based. Key drivers included strong growth in construction (8.9%) and commerce (6.06%), alongside gains in agriculture (0.71%), manufacturing (2.74%), transportation (4.1%), public administration and defense (3.57%), business services (4.05%), restaurants and hotels (7.22%), telecommunications (0.57%), and electricity, gas, and water (2.99%). In contrast, the key mining and hydrocarbon sector declined by 1.11%. Meanwhile, fishing contracted by 5.2% and financial services edged down by 0.25%. On a monthly basis, the seasonally adjusted production index slipped by 0.01%, reversing a 0.63% increase in the previous period, and activity grew 3.44% in the March 2025 - February 2026 period.
2026-04-15
Peru Economic Activity Slows
Peru’s GDP expanded by 3.54% year-on-year in January 2026, decelerating from 3.83% in the previous month, with growth recorded across most economic sectors. Growth was underpinned by construction (+15.63%), commerce (+4.33%), and mining and hydrocarbons (+3.08%), alongside gains in accommodation and restaurants (+5.70%), public administration and defense (+4.07%), agriculture (+3.99%), electricity, gas and water (+3.97%), services to businesses (+3.68%), transport (+2.12%), and telecommunications (+0.60%). In contrast, output declined in fishing (-9.56%), manufacturing (-1.45%), and the financial sector (-0.42%). Total goods exports increased by 1.33%, supported by higher shipments of traditional products (+3.51%) and non-traditional fishing products. On a monthly basis, the seasonally adjusted production index grew 0.63%, and activity grew 3.38% in the February 2025–January 2026 period.
2026-03-17
Peru GDP Growth Accelerates
Peru’s GDP expanded by 3.83% year-on-year in December 2025, accelerating from 1.53% in the previous month, with growth recorded across most economic sectors. The expansion was mainly driven by manufacturing (4.58%), wholesale trade (4.89%), agriculture (2.48%), and a sharp rise in construction (12.0%). Additional gains were observed in transport (3.78%), public administration and defense (4.34%), business services (3.46%), restaurants and hotels (4.28%), utilities (2.65%), and fishing (0.6%). In contrast, output declined in mining and hydrocarbons (-2.18%), as well as in financial services (-0.2%) and telecommunications (-0.98%). Total goods exports increased by 13.41%, supported by higher shipments of traditional products (13.85%) and non-traditional products (12.31%). On a monthly basis, the economy grew by 0.56%. Considering the full year, GDP expanded by 3.44%.
2026-02-16