Peru's economy grew 3.73% year-on-year in April 2026, the strongest pace in five months, up from 3.21% in March and comfortably above market expectations of 3.55%. The expansion was driven by broad-based gains, with notable growth in manufacturing (2.17%), commerce (7.31%), construction (12.88%), transport (1.44%), public administration and defense (4.08%), services (3.27%), financial services (1.01%), restaurants and hotels (4.48%), communications (1.03%), utilities (4.68%) and fishing (1.68%).
These advances were partly offset by contractions in mining and hydrocarbons (−3.24%) and agriculture (−1.64%). Over the January–April 2026 period, Peru's GDP rose 3.58% compared with the same period a year earlier, while economic activity for the twelve months through April 2026 increased 3.59%.
