Peru: Current account posts 4.3% GDP surplus, accumulates 3 favorable years

13:04 | Lima, May. 22.

Peru's annualized current account balance posted a surplus equivalent to 4.3% of GDP in the first quarter of 2026, up 1.9 percentage points from the same period in 2025, the Central Reserve Bank (BCR) reported.

The issuing entity said this result translates into three consecutive years of surplus and 10 straight quarters of positive cumulative balances.

The external outlook in recent quarters was supported by the increase in the trade surplus, the BCR said.

"This was influenced by improved terms of trade, the recovery of zinc shipments, the availability of fishery resources, higher blueberry, avocado, and cacao product exports, as well as remittance inflows into the country," it noted.

In quarterly terms, the current account posted a surplus of US$4.463 billion in the first quarter of 2026, up US$3.443 billion from the surplus recorded in the same period of 2025.

This result was explained by the expansion of the goods trade surplus by US$5.990 billion, the BCR indicated.

"It was also influenced by the continued improvement in terms of trade and the increase in shipment volumes of non-traditional fishery and farming goods, as well as some traditional products, specifically zinc and coffee," it pointed out.

(END) NDP/MVB

Publicado: 22/5/2026