INEI: Economía peruana cayó 0.55% en 2023, su peor resultado en más de 30 años

Peru’s economy experienced a historic contraction in 2023, marking its worst performance in decades and ending a twenty-four-year streak of positive growth. This downturn was driven by significant declines across multiple key sectors, including agriculture, fishing, manufacturing, and construction. The primary catalysts were adverse weather conditions impacting agricultural yields and a substantial drop in marine extraction, which severely affected the fishing industry. The recession was further compounded by a contraction in telecommunications and a sharp decline in the financial and insurance sectors, linked to high interest rates that reduced credit availability. While mining and utilities showed modest growth, these gains were insufficient to offset the broader economic weakening. Consequently, indicators such as bank deposits and loans decreased, reflecting reduced economic activity and consumer confidence across various business segments. This report is relevant to open data because it highlights the critical role of national statistical institutes in providing transparent, accessible metrics that reveal structural economic vulnerabilities. High-quality, disaggregated data allows stakeholders to understand how environmental shocks and monetary policies intersect to impact specific industries. Such transparency is essential for fostering accountability and enabling evidence-based policy responses to mitigate future economic instability.

Source: peru-retail.com
Published on 2024-02-16

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Datos Abiertos (Open data)

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