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Analysis by Region - Emerging Markets - Peru

Publisher Oxford Economics
Published Mar 19, 2026
Length 8 Pages
SKU # OFE21077186

Description

Our 2026 GDP growth forecast remains unchanged at 2.7%, but we've revised our quarterly growth profile in light of the natural gas pipeline rupture in March, which has disrupted economic activity, and adverse weather conditions associated with El Niño. We've halved our Q1 growth forecast to 0.4% q/q, but expect stronger momentum in H2. We see resilient domestic demand supporting the economy this year, but risks tilt to the downside due to the potential for geopolitics to drag on external demand.

Table of Contents

8 Pages
Peru: Supply shocks and elections shape the outlook
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 developments
Structure of the economy
Balance of payments
Policy and politics

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