The Gross Domestic Product (GDP) in Peru contracted 5 percent in the first quarter of 2020 over the previous quarter.
GDP Growth Rate in Peru averaged 1.14 percent from 2002 until 2020, reaching an all time high of 3.20 percent in the second quarter of 2008 and a record low of -5 percent in the first quarter of 2020. This page provides the latest reported value for - Peru GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Peru GDP Growth Rate - values, historical data and charts - was last updated on July of 2020.
GDP Growth Rate in Peru is expected to be -22.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Peru to stand at 1.60 in 12 months time. In the long-term, the Peru GDP Growth Rate is projected to trend around 2.30 percent in 2021 and 2.60 percent in 2022, according to our econometric models.