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Peru GDP Growth Rate (QoQ)

Peru's Quarter-over-Quarter GDP growth rate was 0.3% in Q1 2025 and accelerated to 0.5% in Q2 2025. This acceleration was driven by a broad-based expansion in domestic demand. Gross fixed investment rose by 9.7% in Q1 and 7.7% in Q2. The manufacturing sector grew by 4.4% in Q1. However, exports of goods and services weakened in Q2, falling by 0.6% after a 14.2% surge in Q1. Peru's record low GDP growth rate was -26.2% in Q2 2020 and record high was 29.8% in Q3 2020.

Quarterly Historical Data (2015-2025)

(in %)
Quarter GDP Growth Rate (QoQ)
Q2 2025 0.5%
Q1 2025 0.3%
Q4 2024 1.2%
Q3 2024 0.8%
Q2 2024 1.2%
Q1 2024 1%
Q4 2023 0.8%
Q3 2023 0.2%
Q2 2023 -0.4%
Q1 2023 -0.9%
Q4 2022 0.2%
Q3 2022 0.8%
Q2 2022 -0.1%
Q1 2022 0.8%
Q4 2021 0.4%
Q3 2021 2.2%
Q2 2021 0%
Q1 2021 0.6%
Q4 2020 8.5%
Q3 2020 29.8%
Q2 2020 -26.2%
Q1 2020 -5.7%
Q4 2019 0.7%
Q3 2019 0.6%
Q2 2019 1.1%
Q1 2019 -0.4%
Q4 2018 1.8%
Q3 2018 -1%
Q2 2018 2%
Q1 2018 1.7%
Q4 2017 -0.2%
Q3 2017 1.5%
Q2 2017 0.5%
Q1 2017 0.6%
Q4 2016 0.2%
Q3 2016 1.2%
Q2 2016 0.2%
Q1 2016 1.1%
Q4 2015 1.8%
Q3 2015 1%
Q2 2015 0.5%
Peru GDP Growth Rate (QoQ) : Definition
Peru's Quarter-over-Quarter GDP growth rate shows the percentage change in the nation's total economic output from one quarter to the next. Calculated by INEI, it compares the current quarter's GDP value to the previous quarter's value, expressed as a percentage. This indicates short-term economic momentum.