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Published on Friday, June 12, 2020 | Updated on Friday, June 12, 2020

Peru | Understanding the reasons behind the high impact of COVID-19 in Peru

Summary

Peru is one of the hardest hit countries by COVID in Latin America, with the second highest number of cases per million and near the top in mortality as well. We estimate that the contagion rate has been declining in recent days, but need to wait and see if the trend consolidates given the reopening of the economy.

Key points

  • Key points:
  • Monitoring the evolution of the pandemic is a necessity given the impact of the lockdown measures on economic activity.
  • Los social distancing and some sociodemographic characteristics have propelled the number of cases and deaths in Peru, resulting in a persistent contagion rate.
  • Some measures have been put in place to correct the situation, but their effectiveness is still uncertain given high levels of informality and lack of means to isolate the infected.

Geographies

  • Geography Tags
  • Peru

Topics

Documents and files

Report (PDF)

PeruImpactodiferencialCOVID19.pdf

Spanish - June 12, 2020

Authors

HP
Hugo Perea BBVA Research - Chief Economist
JR
Juan Manuel Ruiz BBVA Research - Chief Economist for Latam
HV
Hugo Vega de la Cruz BBVA Research - Principal Economist
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