The economy of Peru grew 3.69% year-on-year in April of 2022, following a 3.79% expansion in the previous month. It marks the second consecutive month of slowing growth in part due to a contraction in the key mining sector (-0.77%) on the back of closures and protests at two major mines. At the same time, declines observed in the fishing (-37.47%) and financial services (-7.95%) sectors weighed on growth. By contrast, the main increases were recorded in hotels & restaurants (+48.48%), transportation, storage and communications (+17.59%), construction (+4.90%) and agriculture (+4.76%), source: Instituto Nacional de Estadística e Informática (INEI)
Monthly GDP YoY in Peru averaged 4.24 percent from 2008 until 2022, 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 Monthly GDP YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.