Private investment grew 13.2% in the first quarter of this year and accumulated nine consecutive quarters of expansion, consolidating its position as one of the main drivers of domestic demand momentum and growth in Peru's economy, the
This result was driven by stronger growth in both mining and non-mining investment, contributing to stronger domestic demand, job creation, and increased household consumption.
In particular, non-mining investment was driven by the development of major infrastructure projects such as Lima and Callao Metro Line 2, Road Network No. 6, and the final-stage investments linked to Jorge Chavez International Airport.
Economy and Finance Minister Rodolfo Acuña explained that this performance suggests domestic demand will continue growing in 2026's second quarter, reflecting the confidence of business leaders and investors in Peru.
"This result is important because private investment continues to follow a favorable path and remains aligned with the momentum of domestic demand. It also reflects that, even in an electoral context, the private sector continues to invest in Peru and in the growth opportunities offered by our economy," he stated.
Domestic demand
In this context, domestic demand grew 6.6% in the first quarter of the year, recording its strongest expansion in nearly five years, since the third quarter of 2021.
This result was driven by growth in private investment and private spending, which has been helping sustain economic activity and job creation.
Likewise, private spending increased 5.7% during the first three months of this year, its highest rate since the third quarter of 2021.
Meanwhile, private consumption grew 3.5% and accumulated 10 consecutive quarters of expansion amid higher income, labor market improvement, and consumer credit recovery.
These results enabled the Peruvian economy to grow 3.5% in the first quarter of 2026, confirming a path of sustained growth.
In this way, the Government reaffirms its commitment to continue promoting the country's growth by boosting private investment, strengthening domestic demand, and preserving solid macroeconomic fundamentals.