said on Monday that Peru's gross domestic product (GDP) may have recorded growth of up to 3.4% by the end of 2025, although the official figure will be released by the
"While it is true that there was strong performance between January and November 2025, December also posted solid results. However, it should be recalled that the same months in 2024 recorded very high growth rates, creating a statistical base effect that brings the figure close to 3.4%," he added.
Outlook
The government official explained that a 3.4% growth rate does not imply any slowdown in the growth pace, as leading indicators point to a positive outlook ahead.
"For example, we see that investment expectations among economic agents have consistently remained in optimistic territory, and this has been the case for nearly 19 months. So, this points to a favorable trajectory, especially considering that there is also a strong portfolio of private investment projects managed by ProInversion," the deputy minister stated.
"In addition, there are major public investment projects, considering that in 2025 both private and public investment grew by 9.5% and 5%, respectively, compared with the previous year," Lopez indicated.
"We do believe that this year, based on those leading indicators, the economy will show strong momentum. For example, consumer credit extended through credit cards and sales recorded via electronic payment vouchers administered by the National Superintendence of Customs and Tax Administration (SUNAT) provide signals of reviving demand, as do cement sales in the construction sector or electricity consumption," he concluded.
