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    Published on Monday, November 29, 2021

    Peru | Will the mining train pass us?

    Summary

    Overcoming the economic ravages that this pandemic is leaving will require all the engines that drive productive activity. A sector that can be a catalyst for growth and greater well-being for all Peruvians is mining.

    Key points

    • Key points:
    • The strong rebound that the Peruvian economy has shown has allowed GDP to recover to the levels of 2019. But that is not enough because it means accepting that in two years we have not made any progress.
    • Furthermore, poverty has risen, employment has not fully recovered as its quality has deteriorated (increased informality and underemployment), pension and unemployment protection savings have fallen and public debt has increased .
    • Overcoming the economic ravages that this pandemic is leaving will require all the engines that drive productive activity. A sector that can be a catalyst for growth and greater well-being for all Peruvians is mining.

    Geographies

    • Geography Tags
    • Peru

    Topics

    Authors

    Hugo Perea BBVA Research - Chief Economist

    Documents and files


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    Report (PDF)

    Nota-de-prensa_1-1.pdf

    Spanish - November 29, 2021

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