Backed by historic financial stability and a record trade surplus, the country is reaffirming its position as one of the most resilient economies in the face of global volatility.
The Chinese government has set a GDP growth target of between 4.5% and 5% for 2026, the lowest in more than three decades. The decision reflects a more challenging economic environment and marks a strategic shift toward more moderate growth, focused on strengthening domestic consumption, driving technological innovation, and improving the resilience of the economic model.
During the week, the third quarter National Accounts were published, which provide a more consolidated view of the country's recent growth figures. While on net these are good figures, they are not sustainable over time, or at least not without generating macroeconomic imbalances elsewhere.
An evolving ecosystem, driven by fintechs, new forms of investment and a digitized young population, is transforming the region, although the key challenge is to strengthen local late-stage investment.
All agree that growth will be weak and that reforms and more investment are needed to turn the trend around.
According to the World Economic Forum, the industry could grow to 30 billion trips by 2034, generate US$16 trillion in GDP, and create millions of jobs... provided environmental, energy and labor challenges are addressed.
With 80 projects in its portfolio, Peru is promoting public-private partnerships to grow without compromising fiscal balance.
After months of weak numbers, some recent data point to an improvement in activity. But before celebrating, it is worth taking a cautious look at what lies behind the apparent upturn.
Peru is consolidating its agricultural export leadership, but faces new challenges, such as tariffs and pending reforms. Diversifying markets and formalizing employment will be key to remaining competitive.
In 2024, 4,900 new homes were added and 21,479 real estate units were sold, reflecting the renewed dynamism of the sector.