FX.co ★ Peru’s Q1 2026 GDP Growth Edges Up to 3.5% Year-on-Year

Peru’s economy recorded a modest acceleration in the first quarter of 2026, with gross domestic product growing 3.50% year-on-year, up from 3.20% in March 2026. The latest data, updated on 26 May 2026, indicate a slight strengthening of economic activity compared with the same period a year earlier.

The year-on-year comparison shows that the pace of expansion has improved, suggesting a gradual pickup in momentum rather than a sharp rebound. While the increase from 3.20% to 3.50% remains incremental, it points to a more favorable backdrop for output at the start of 2026.

Analysts and market participants will be watching upcoming quarters closely to see whether this early-year improvement in GDP growth can be sustained or built upon, particularly against the backdrop of global economic uncertainties and domestic policy developments in Peru.