Overview
- The UN’s World Economic Situation and Prospects pegs Peru’s 2026 GDP growth at 3.0%, outpacing the regional average.
- UN projections put Peruvian inflation at 2.6% in 2026 after 1.6% in 2025, remaining within the BCRP’s target range.
- The World Bank’s Global Economic Prospects forecasts 2.5% growth for Peru in both 2026 and 2027, with Latin America and the Caribbean at 2.3% in 2026.
- CEPAL underscores that Peru’s expansion will be led by domestic demand linked to mining and infrastructure investment, supported by strong macro fundamentals and a mineral-fueled trade surplus.
- Both reports warn of downside risks from trade barriers, commodity price swings, high public debt and climate shocks, while the Bank projects Argentina to grow about 4% in 2026.