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Peruvian economy to grow faster than rest Latin America, US, EU and Japan

If FocusEconomics' most recent Latin America Consensus Forecast Report is correct, in 2018 at 3.9% the Peruvian economy will expand at a faster pace than those of Latin America (2.4%), the United States (2.5%), the EU (2.1%), and Japan (1.2%).

According to an andina.com.pe article, FocusEconomics estimates Peru's GDP will grow 3.9% this year. This means Peru is expected to become the region's top performer in 2018. Bolivia and Paraguay are expected to be close seconds, with projected growth rates of 3.8% each. 

They are followed by Uruguay (3.1%), Argentina (3%), Chile (2.9%), Colombia (2.6%), Brazil (2.5%), Mexico (2.2%), and Ecuador (1.6%).

Publication date: 1/25/2018


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