POST Online Media Lite Edition



 

Peruvian economy to grow faster than rest Latin America, U.S., EU and Japan

Staff Writer |
If FocusEconomics' most recent Latin America Consensus Forecast Report is correct, in 2018 at 3.9% the Peruvian economy will expand at a faster pace than those of Latin America (2.4%), the United States (2.5%), the EU (2.1%), and Japan (1.2%).

Article continues below




According to an andina.com.pe article, FocusEconomics estimates Peru's GDP will grow 3.9% this year.

This means Peru is expected to become the region's top performer in 2018. Bolivia and Paraguay are expected to be close seconds, with projected growth rates of 3.8% each.

They are followed by Uruguay (3.1%), Argentina (3%), Chile (2.9%), Colombia (2.6%), Brazil (2.5%), Mexico (2.2%), and Ecuador (1.6%).


What to read next

IMF forecasts recession in Argentina, Venezuela, Ecuador
Japan economy expands at 2.2 percent annual pace in January-March
Japan's economy grew faster than expected in Q4