Peru's annualized current account balance posted a surplus of 4.5% of GDP in the second quarter of 2026, up 2.1 percentage points from the same period in 2025, the
Thus, the annualized current account has accumulated three consecutive years of surplus and 11 quarters of positive results.
The BCR indicated that the external outlook in recent quarters was supported by the increase in trade surplus.
This was driven by improved terms of trade, momentum in gold shipments, resilient zinc volumes, the availability of fishery resources, as well as higher exports of blueberries, avocados, and cacao products.
The issuing entity said this was also influenced by higher secondary income flows from remittances and income tax payments by non-residents.
Improved terms of trade
In quarterly terms, the current account posted a surplus of US$2.625 billion in the second quarter of 2026, up US$1.086 billion from the figure recorded in the same quarter of 2025.
According to central bank, this result was mainly explained by the expansion of the goods trade surplus by US$3.118 billion.
"This was driven by the continued improvement in terms of trade —due to higher export prices for minerals— and increased shipment volumes of traditional products such as gold and copper," the BCR noted.
"This was further reinforced by higher secondary income resulting from increased income tax payments by non-residents," it added.
(END) NDP/MVB