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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% in 2021–2023 to -1.3% in 2024. However, structural reforms remain essential to sustain and accelerate this improvement.
Labor Productivity per Employed Person (PPP)*
In Peru, labor productivity per employed person increased modestly, at an average annual rate of 1.3% over the past two years (2023–2024).