5 Results, Refine search
EcoTV Week
16/02/2023 • By Hélène DROUOT

The political crisis worsened in Peru over the last two months. In the very short term, political instability should continue, and weigh on the economic outlook.

EcoTV Week
08/07/2022 • By Hélène DROUOT

After a rebound over 13%, one of the highest growth rates in the region, we should see a major slowdown in Peru in the next two years. On one hand, inflationary pressures, social movements and the gradual withdrawal of support measures taken by the authorities during the pandemic will weigh on domestic demand.


Peru is a Republic (Republica de Peru) of South America. The Peruvian economy depends heavily on raw materials exports (60% of total exports). It is one of the countries that has suffered most from the Covid-19 crisis. The recession in 2020 was severe. Real GDP fell by 11.1% (after a 2.2% growth in 2019) and activity shrank in Q2 following strict and protracted lockdown measures. Relatively strong public finances allowed a massive support by the authorities, which helped to prevent an even more spectacular collapse in GDP. China has been the main destination for exports since 2014.