Today: February 9, 2026
February 9, 2026
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Political instability prevents economic growth from exceeding 5% annually

Political instability prevents economic growth from exceeding 5% annually

The political and social instability that has been experienced in recent years has prevented the rate of economic growth exceeds five percentage points annually, reported the Ministry of Economy (MEF).

As recalled, since Pedro Pablo Kuczynski’s vacancy in 2018, Peru has had six presidents in seven years, with Dina Boluarte being the one who remained in office the longest (2 years and 10 months).

Precisely, during the Government of the latter, there was a social outbreak that ended with a balance of 50 citizens killed by projectiles from the police and military forces, in December 2023.

All these changes of heads of state and marches have slowed down the country’s economic progress, according to what the Minister of Economy and Finance, Denisse Miralles, told RPP in her most recent interview.

“If we were not living, in recent years, this political and social instabilityour indicators would be ready for, for example, the rate of growth exceed 5%,” declared the official.

According to the head of the MEF, “this cycle of high mineral prices (worldwide), which has been experienced in recent years and which will continue in 2026, could have been much better used.”

On the other hand, Denisse Miralles said that the peruvian economy could grow above the 3.2% expected for this year, thanks to the information they manage and the plans they have to improve the indicators.

He even indicated that the Central Reserve Bank of Peru, in the last quarter of 2025, revised its growth projection of the country’s Gross Domestic Product (GDP), getting closer to the MEF projections.


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