Peru’s economy grew by 3.23% year-on-year in August 2026, slowing from 3.56% growth in July and falling short of market expectations of 3.4%. Fishing activity continued to contract, although at a slower pace of 17.33%, as warmer sea surface temperatures associated with the El Niño phenomenon pushed fish into deeper waters. Mining and hydrocarbons also declined, contracting by 5.53%. In contrast, all other sectors recorded growth, led by construction, which surged by 10.34%. Among the sectors making notable contributions to overall economic growth were manufacturing (4.18%), commerce (6.89%), agriculture (3.37%), transport (2.56%), utilities (6.61%), business services (3.91%), and public administration and defense (3.06%). The economy grew by 3.14% year-on-year in the first eight months of 2026. Over the twelve months through August, economic activity increased by 3.31% compared with the corresponding period a year earlier. source: Instituto Nacional de Estadística e Informática (INEI)

Monthly GDP YoY in Peru decreased to 3.23 percent in August from 3.56 percent in July of 2026. Monthly GDP YoY in Peru averaged 3.76 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-15 03:00 PM
GDP Growth Rate YoY
Jul 3.56% 1.75% 2.5% 2.0%
2026-10-15 03:00 PM
GDP Growth Rate YoY
Aug 3.23% 3.56% 3.4% 3.3%
2026-11-16 03:00 PM
GDP Growth Rate YoY
Sep 3.23%


Related Last Previous Unit Reference
Full Year GDP Growth 3.44 3.30 percent Dec 2025
GDP 334.85 291.75 USD Billion Dec 2025
GDP Growth Rate YoY 2.60 3.60 percent Jun 2026
GDP Constant Prices 153715.30 145603.60 PEN Million Jun 2026
GDP from Agriculture 11412.92 7912.75 PEN Million Jun 2026
GDP from Construction 9655.25 9075.77 PEN Million Jun 2026
GDP from Manufacturing 17166.75 16614.84 PEN Million Jun 2026
GDP from Mining 17498.56 17783.41 PEN Million Jun 2026
GDP from Public Administration 8469.00 8400.00 PEN Million Jun 2026
GDP from Services 17403.00 14719.00 PEN Million Jun 2026
GDP from Transport 8418.00 8177.00 PEN Million Jun 2026
GDP from Utilities 2991.35 2962.00 PEN Million Jun 2026
GDP Growth Rate 0.40 0.80 percent Jun 2026
GDP per Capita 6890.97 6732.28 USD Dec 2025
GDP per Capita PPP 16079.12 15708.83 USD Dec 2025
Gross Fixed Capital Formation 41890.02 37507.07 PEN Million Jun 2026
GDP Monthly Growth Rate YoY 3.23 3.56 percent Aug 2026


Peru Economic Activity
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
3.23 3.56 58.49 -39.19 2008 - 2026 percent Monthly
Constant prices, NSA

News Stream
Peru's Economic Growth Slows
Peru’s economy grew by 3.23% year-on-year in August 2026, slowing from 3.56% growth in July and falling short of market expectations of 3.4%. Fishing activity continued to contract, although at a slower pace of 17.33%, as warmer sea surface temperatures associated with the El Niño phenomenon pushed fish into deeper waters. Mining and hydrocarbons also declined, contracting by 5.53%. In contrast, all other sectors recorded growth, led by construction, which surged by 10.34%. Among the sectors making notable contributions to overall economic growth were manufacturing (4.18%), commerce (6.89%), agriculture (3.37%), transport (2.56%), utilities (6.61%), business services (3.91%), and public administration and defense (3.06%). The economy grew by 3.14% year-on-year in the first eight months of 2026. Over the twelve months through August, economic activity increased by 3.31% compared with the corresponding period a year earlier.
2026-10-15
Peru Economy Grows 3.56% in July
Peru’s economy expanded 3.56% year-on-year in July 2026, accelerating from a 1.75% increase in June and marking the strongest growth since April. Commerce grew 6.79%, driven by a 4.22% increase in wholesale trade, a 28.77% surge in automotive trade, and a 6.02% rise in retail trade. Other services, which include real estate and personal services, expanded 5.08%. Construction grew 9.85%, supported by a 10.17% increase in domestic cement consumption and a 9.51% rise in the physical progress of construction works. Business services (4.24%), financial services (3.13%), public administration and defense (3.46%), transportation (2.86%), utilities (7.30%), accommodation and restaurants (3.48%), mining and hydrocarbons (0.24%), and telecommunications (0.30%) also expanded. In contrast, manufacturing (-1.81%), fishing (-27.44%), and agriculture (-1.23%) contracted.
2026-09-15
Peru Economic Activity Slows Further in June
Peru’s economy expanded 1.75% year-on-year in June 2026, easing slightly from 1.8% in May and marking the weakest growth since November 2025. Fishing recorded the steepest contraction, plunging 51.9% after a 73.1% decline in the previous month, as warmer surface waters linked to the El Niño phenomenon pushed fish into deeper waters. In turn, agriculture also weakened, falling 8.1% after a 0.1% increase. Growth in mining and hydrocarbons reversed to a 2.2% contraction from a 2.6% gain, while the decline in manufacturing narrowed to 6.2% from 10.7%. Offsetting some of the weakness, growth accelerated in commerce (7.8% vs 6.9%), construction (9% vs 4.7%) and utilities (6.8% vs 5.2%). In the first half of 2026, the economy expanded 3.05%, while growth over the 12 months through June reached 3.33%.
2026-08-17