LIMA, PERU – In a notable economic development, Peru's GDP growth accelerated to 4.20% in the fourth quarter of 2024, according to the latest data released on February 21, 2025. This marks an impressive increase from the previous quarter's GDP growth rate of 3.93%, indicating a robust performance amid challenging global conditions.
The year-over-year comparison shows that Peru's economy has managed to strengthen, showcasing its resilience and capacity for growth. This uptick in GDP demonstrates a positive economic trajectory, reflecting effective economic policies and a stable macroeconomic environment during the period in question.
As Peru continues on this upward economic path, the focus remains on sustaining this growth trend. The fourth quarter expansion provides a solid foundation for further economic progress throughout 2025 and beyond, underscoring the country’s potential as a growing market in the region. Stakeholders in both the public and private sectors will be looking to maintain and capitalize on this positive momentum in the coming months.
