Pérou Taux de croissance annuel du PIB

Peru's economy expanded 3.9% year-on-year in Q1 2025, slowing slightly from 4.9% growth in the previous period and marking the fifth consecutive yearly expansion, supported by strength in domestic demand (4.4%). Private consumption rose eased (3.8% vs 4.2% in Q4), driven by higher employment and increased labor income. Government spending rebounded (4.7% vs -0.7%), fueled by higher expenditures on public administration and defense, as well as on public education and public health. Gross fixed investment increased faster (9.7% vs 4.0%), with public and private investment rising by 10.7% and 9.5%, respectively. Meanwhile, net trade contributed positively to GDP, as exports surged 14.2% and imports soared 15.5%. By sector, output grew mainly in agriculture (4.0%), oil, gas, and mineral extraction (2.4%), manufacturing (4.0%), construction (5.3%), commerce (3.4%), and transportation, warehousing, mail, and courier services (7.4%). On a seasonally adjusted basis, the economy grew by 0.6%.