Commerce in Peru
In the decade leading up to 2022, Peru's economy saw an average growth rate of 2.6% in retail sales, which is above the 1.7% average for Latin America. In 2022, the retail sales growth in Peru was 3.3%.
Peru Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Peru from 2014 to 2023.
Source: Macrobond.
Peru Retail Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Commerce (ann. var. %) | 2.5 | -13.3 | 17.2 | 3.2 | 2.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Peruvian retail projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Peruvian retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Peruvian retail projections.
Want to get access to the full dataset of Peruvian retail forecasts? Send an email to info@focus-economics.com.