Key Market Indicators
Peruvian tourism's direct contribution to the nation's GDP is projected to climb to approximately 4.1% by 2028, up from 4% in 2023. This marks an average annual growth rate of 0.4 percentage points. Since 2016, the sector has experienced an average yearly increase of 0.5 percentage points. In 2023, Peru ranked fourth in tourism's direct GDP contribution, with Austria surpassing it at an identical 4% of GDP. Sweden, Austria, and Peru occupied the second, third, and fourth positions, respectively, in this global ranking. Tourist arrivals in Peru are expected to reach nearly 6.9 million by 2028, up from approximately 5.9 million in 2023. This represents a compound annual growth rate (CAGR) of 2.4%. From 2009 onwards, the demand for tourism in Peru has seen an annual increase of 1.9%.