Peru

The World Bank In Peru

Following a robust expansion during the previous decade, the Peruvian economy grew at a slower pace between 2014 and 2019, in a less favorable external context. In 2020, the COVID-19 crisis will have a significant economic impact although a strong recovery is expected for the following year.

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Bikes and the city

In 2019, only 0.9% of all trips made in Lima were made by bicycle. What would happen if this percentage increases to 15% by 2050?

Cyclists, buses, and cars in Bogotá, Colombia. Photo: Secretaria de Movilidad of Bogotá

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the challenge of building better

Around 20 million jobs will be destroyed in the region this year, of which about half of them are formal.

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The World Bank Group and COVID-19

How we are coordinating to accelerate the international response and support countries to manage the global pandemic.

Peru At-A-Glance

Over the past decade, Peru has been one of the region’s fastest-growing economies, with an average growth rate 5.9 percent in a context of low inflation (averaging 2.9 percent). A favorable external environment, prudent macroeconomic policies and structural reforms in different areas created a scenario of high growth and low inflation. The strong growth in employment and income have sharply reduced po...

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