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Business Productivity

Productivity

Total Factor Productivity (TFP)

Total Factor Productivity (TFP) in Peru has shown a modest recovery, improving from -2.0% (2021–2023) to -1.3% in 2024. However, structural reforms remain essential to sustain and further accelerate this progress.

Labor Productivity per Employed Person (PPP)*

In Peru, labor productivity per person recorded a modest increase of 1.3% per year over the past two years (2023–2024).