Peru: annual economic growth
The World Bank reported that its growth projection for the Peruvian economy for 2025 and 2026 remains at 3% and 2.5%, respectively. Furthermore, it announced that a GDP growth rate of 2.5% is also forecast for 2027.
National and international projections
With this estimate, the World Bank holds a more moderate position compared to the Central Reserve Bank of Peru (BCRP) and the Ministry of Economy and Finance (MEF).
Additionally, the BCRP predicts the economy will shift by 3% in 2026, compared to the MEF’s 3.2%. This phenomenon is due to greater dynamism in private investment in mining, infrastructure, and consumption. This sector consolidates a growth of 14.5%, establishing the country as a regional leader in non-traditional export dynamism through November 2025.
Higher growth in three sectors
This positive performance is mainly attributed to:
- Agricultural sector: an increase in shipments of high-value-added products (such as blueberries, grapes, and avocados).
- Fishing sector: a significant recovery in the processing of products for direct human consumption.
- Non-Metallic mining: increased demand for phosphates and other chemical derivatives.
On the other hand, the BCRP indicates that the most dynamic sectors in 2026 will be agriculture (3%), hydrocarbons (4.9%), commerce (3%), and services (3.5%).
Conclusion
This result is key for the Peruvian economy, as non-traditional exports generate the highest added value and formal employment across various regions of the country.
The economic impact in Peru is favoring numerous economic activities that are traditional to the country. If you are interested in expanding to Latin America, consult our financial services aimed at multinational groups and investment funds.
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Author:
Wilmer Alberth
Tax Manager – PE
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All information contained in this publication is up to date on 2026. This content has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice.No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this content, and, to the extent permitted by law, AUXADI does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.
