Peru GDP YoY2008-2020 Data | 2021-2022 Forecast | Calendar | Historical | Chart

The economy of Peru advanced 1.12 percent year-on-year in December 2019, easing from a 1.86 percent growth in December. Output growth slowed in mining (1.58 percent vs 4.01 percent in December); transport & storage (2.78 percent vs 3.39 percent); finance & insurance (5.58 percent vs 6.24 percent); restaurants & lodging (4.82 percent vs 5.47 percent); telecommunications (3.85 percent vs 4.48 percent); and utilities (1.99 percent vs 2.48 percent). Additionally, production shrink in manufacturing (-5.50 percent vs -2.58 percent); construction (-9.86 percent vs -3.71 percent); and fisheries (-48.46 percent vs -13.77 percent). Meanwhile, output growth accelerated in trade (3.65 percent vs 3.47 percent); agriculture & livestock (7.08 percent vs 2.07 percent); other services (4.35 percent vs 3.37 percent); and business services (3.48 percent vs 3.24 percent). Considering full 2019, the economy grew 2.16 percent, the slowest expansion in a decade.

The economy of Peru advanced 1.86 percent year-on-year in November 2019, slowing from a 2.09 percent growth. It was the weakest expansion in economic activity since May, as output growth eased in agriculture & livestock (2.07 percent vs 4.25 percent); trade (3.47 percent vs 3.54 percent); restaurants & lodging (5.47 percent vs 5.95 percent); and utilities (2.48 percent vs 2.65 percent). Also, production shrink in construction (-3.71 percent vs 1.18 percent); and contracted further in manufacturing (-2.58 percent vs -1.09 percent); and fisheries (-13.77 percent vs -0.68 percent). On the other hand, output growth accelerated in mining (4.01 percent vs 0.67 percent); transport & storage (3.39 percent vs 1.87 percent); telecommunications (4.48 percent vs 3.79 percent); finance & insurance (6.24 percent vs 4.37 percent); business services (3.24 percent vs 3.07 percent); and other services (3.37 percent vs 3.23 percent).

The economy of Peru advanced 2.09 percent year-on-year in October 2019, slowing from a 2.22 percent growth in the previous month. It was the weakest expansion in economic activity since June, as output growth eased in construction (1.18 percent vs 3.84 percent in September); business services (3.07 percent vs 3.51 percent); telecommunications (3.79 percent vs 4.01 percent); finance & insurance (4.37 percent vs 5.76 percent); and utilities (2.65 percent vs 2.82 percent). Also, output shrank in manufacturing (-1.09 percent vs 1.38 percent); and fisheries (-0.68 percent vs 14.28 percent). In contrast, production advanced further in agriculture & livestock (4.25 percent vs 0.87 percent); transport & storage (1.87 percent vs 1.61 percent); trade (3.54 percent vs 3.44 percent); restaurants & lodging (5.95 percent vs 3.9 percent); and other services (3.23 percent vs 3.18 percent). Additionally, mining activities grew 0.67 percent, after shrinking 3.37 percent in September.

The economy of Peru advanced 2.22 percent over a year earlier in September 2019, slowing from a 3.39 percent expansion in the previous month. Output growth eased in manufacturing (1.38 percent vs 1.69 percent in August); construction (3.84 percent vs 4.53 percent); agriculture & livestock (0.87 percent vs 2.15 percent); transport & storage (1.61 percent vs 2.42 percent); other services (3.18 percent vs 3.92 percent); business services (3.51 percent vs 4.04 percent); restaurants & lodging (3.9 percent vs 6.07 percent); telecommunications (4.01 percent vs 4.73 percent); and utilities (2.82 percent vs 3.94 percent). Also, mining activities shrank 3.37 percent, after growing 4.15 percent in August. Meanwhile, output rose further in trade (3.44 percent vs 3.14 percent); fisheries (14.28 percent vs 2.3 percent); and finance & insurance (5.76 percent vs 3.53 percent).