Favorable outlook. Peru will lead Latin America in the investment growth rate over the next three years, according to the panel members of the FocusEconomics Consensus Forecast LatinFocus.
Thus, our country will rank first in the region in terms of investment this year, with a growth of 16.8%, followed by Bolivia and Argentina, which will show growth of 12.2% and 10%, respectively.
According to its report for December 2020, Colombia will rank fourth with a growth of 8.2%, followed by Chile with 6.7%, then Uruguay (6.7%), Brazil (5.2%), Ecuador (4.3%), Paraguay (3.9%) and Mexico (3.1%).
Forecasts for next year indicate that investments in Peru will grow by 7.3%, maintaining its first place in Latin America, and Colombia will be in second place with a growth of 6%.
According to their investment growth, Argentina (4.8%), Bolivia (4.7%), Uruguay (4.6%), Brazil (4.3%), Ecuador (3.9%), Chile (3.8%), Paraguay (3.6%) and Mexico (2.2%) follow them.
Meanwhile, in their December report, it is expected that Peru will remain in first place in 2023 with a growth of 4.9%, followed by Colombia with a growth of 4.6%.
In third place will be Argentina (4.4%), followed by Chile (4.2%), Brazil (4.1%), Bolivia (3.8%), Paraguay (3.3%), Ecuador (3.3%), Uruguay (3.3%) and Mexico (2.1%). The panel members forecasted that by 2024 Peru will be in second place in investment in Latin America, following Colombia, which will report a growth of 4.4%.
Thus, the investments in our country in 2024 by 4.3%.
The panel members of the FocusEconomics Consensus Forecast LatinFocus also forecasted that Peru will register a higher investment growth rate than the average rate in Latin America over the next five years.
Thus, investment in the country will reach 16.8% this year, 7.3% in 2022, 4.9% in 2023, 4.3% in 2024 and 3.7% in 2025, while the average rate for Latin America will be 6.1% in 2021, 4.1% in 2022, 3.7% in 2023, 3.5% in 2024 and 3.3% in 2025, as forecasted.
By 2025, the panel members forecast that Peru will rank third in investment growth.