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Analysis by Region - Emerging Markets - Peru

Publisher Oxford Economics
Published Jul 14, 2025
Length 8 Pages
SKU # OFE20204944

Description

Our GDP forecast for Peru is unchanged for 2025–2026, with the economy expected to grow by 2.8% in 2025, before slowing to 2.4% in 2026. External conditions are less favorable and uncertainty heightened ahead of Presidential elections scheduled for April next year. We anticipate a decline in investment in 2026, in line with the historical pattern of rising political uncertainty and social unrest as elections approach. In addition, any escalation in global trade or geopolitical tensions would pose downside risks to global growth.

Table of Contents

8 Pages
Peru: Stable economic outlook but political risks loom
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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