This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Peru and the IMF. Additional information can be found on Peru and IMF country page, including official IMF reports and Executive Board documents in English and Spanish that deal with Peru.

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At a Glance

  • Current IMF membership: 189 countries
  • Peru joined the Fund in December 31, 1945; accepted Article VIII obligations on February 15, 1961
  • Total Quota: SDR 638.40 Million
  • Loans outstanding: None
  • Last Article IV Consultation: 2014 Article IV staff report was discussed by the Executive Board on May 20, 2015

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IMF’s Work on Peru

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Regional Economic Outlook

Western Hemisphere

Latin America and the Caribbean: Are Chills Here to Stay?
Octubre 2016

Economic activity in Latin America and the Caribbean is expected to bottom out in 2016, before making a modest recovery next year. While weak external demand and persistently low commodity prices continue to weigh on the regional outlook, domestic developments have been the key driver of growth outcomes in some stressed economies. GDP is expected to contract by 0.6 percent in 2016 before recovering to 1.6 percent growth in 2017. Recurrent growth disappointments point to lower potential growth, underscoring the need for structural reforms to boost productive capacity, but these will take time to bear fruit. Exchange rate flexibility has served the region well and, with shifting global trends, should continue to serve as the first line of defense against adverse shocks. In many cases, the need for a contractionary monetary policy stance is no longer evident, with inflation and inflation expectations returning to target levels. With risks still on the downside, countries should use the improved global financial environment to rebuild their fiscal buffers while preserving critical capital expenditures and social outlays. Uncertainty concerning the duration of easy global financial conditions poses risks for the region, while financial and corporate sector vulnerabilities bear closer monitoring.

Read the report