Perù Tasso di Crescita annuale del PIL

Peru's economy contracted by 0.4% year-on-year in the fourth quarter of 2023, marking the fourth consecutive quarterly decline following a 1% fall in the previous period. The decline was primarily dragged by a decrease in domestic demand of 1.0%, due to lower gross fixed investment. There was a 1.1% decline in gross fixed capital investment, with private investment falling by 3.2% . Meanwhile, private consumption grew 0.2% influenced by increased consumption of food (0.1%), food services (0.6%), and other services (1.8%). Government spending expanded by 7.3%, driven growth in public administration and defense expenditure (9.7%) and in public education (1.7%). Net trade contributed positively to the GDP, with exports of goods and services rising by 5.9%, boosted by increases in zinc (29.7%), gold (16.1%), and copper (15.7%), while imports rose by 3%. On the production side, output contracted for agriculture (-1.1%), fishing (-3.6%), manufacturing (-5.7%), and construction (-4.5%).