Economy, jobs and prices in Cusco, Peru: official figures
Cusco's economy produced 43.4 billion soles of gross value added at current prices in 2025, according to INEI's estimate, 3.9% of Peru's 1.11 trillion soles; 7th largest of Peru's 25 regions.
What is the GDP per person in Cusco?
Gross value added per person in Cusco was about 30,883 soles in 2025 (INEI value added divided by INEI's projected population), against 32,320 soles for Peru; 10th highest of Peru's 25 regions.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyIs the economy of Cusco growing?
In real terms (constant 2007 prices) Cusco's economy shrank by 2.5% in 2025 (Peru's value added: 3.2%), after growth of 1.2% in 2024; its 2025 growth was 3rd lowest of Peru's 25 regions.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHas the economy of Cusco recovered since the pandemic?
After adjusting for prices, Cusco's output in 2025 was 0.9% above its 2019 level, before the pandemic (Peru: 10.7% above), and 103.4% above its 2007 level.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyWhat are the main industries in Cusco?
The largest sectors of Cusco's economy in 2025 were oil, gas and mining (32.2% of value added at current prices), other services, including fishing (16.6%) and construction (12.5%).
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow important is mining in Cusco?
Oil, gas and mining produced 32.2% of value added in Cusco in 2025 (7th highest of Peru's 25 regions), agriculture, livestock and forestry 7.7% (8th lowest of Peru's 25 regions) and manufacturing 5.6% (Peru: 15.1%, 7.3% and 12.4%).
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyWhat is the unemployment rate in Cusco?
Unemployment in Cusco averaged 4.8% in 2025 in INEI's national employment survey (EPEN), up 0.2 percentage points on 2024 (4.6%); 9th highest of the 23 departments outside Lima and Callao. Peru's rate was 4.9%.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow many workers in Cusco have informal jobs?
80.1% of workers in Cusco held informal jobs in 2025, without the social protection of formal employment, against 81.0% in 2022; 11th highest of the 23 departments outside Lima and Callao (Peru: 70.2%).
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow many people in Cusco are in the labour force?
77.1% of people of working age (14 and over) in Cusco were in the labour force in 2025, working or looking for work: 80.9% of men and 73.1% of women (Peru: 69.5%).
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow many people work in Cusco?
About 779,800 people had jobs in Cusco in 2025 (415,400 men and 364,400 women), down 0.1% on 2024, and 39,200 were unemployed.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyWhat is the unemployment rate for women in Cusco?
Unemployment among women in Cusco was 5.2% in 2025, against 4.4% for men. INEI marks this estimate as indicative only because of its sampling error.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyWhat is the average income in Cusco?
Workers in Cusco earned an average of 1,611.8 soles a month from work in 2025, down 0.4% on 2024; 8th highest of the 23 departments outside Lima and Callao (Peru: 1,887.2 soles).
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow many workers in Cusco have a pension?
34.0% of workers in Cusco were affiliated to a pension system in 2025 (Peru: 42.7%), and 98.1% had health insurance (Peru: 95.3%).
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow many hours do people work in Cusco?
People with jobs in Cusco worked 44.6 hours a week on average in 2025 (Peru: 43.8), against 43.2 in 2022.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow Cusco compares with other departments
Gross value added, current prices (2025 estimate) (2025)
Cusco ranks 7 of 25, highest first.
| Rank | Region | Gross value added, current prices (2025 estimate) |
|---|---|---|
| 4 | Callao | 52.6 billion soles |
| 5 | Ica | 51.7 billion soles |
| 6 | Piura | 50.9 billion soles |
| 7 | Cusco | 43.4 billion soles |
| 8 | Ancash | 42.9 billion soles |
| 9 | Junin | 35.2 billion soles |
| 10 | Cajamarca | 31.1 billion soles |
Gross value added per person (2025 estimate) (2025)
Cusco ranks 10 of 25, highest first. INEI departmental value added divided by INEI's projected 2025 population.
| Rank | Region | Gross value added per person (2025 estimate) |
|---|---|---|
| 7 | Arequipa | 40,371 soles |
| 8 | Lima | 39,063 soles |
| 9 | Ancash | 35,579 soles |
| 10 | Cusco | 30,883 soles |
| 11 | Huancavelica | 26,779 soles |
| 12 | La Libertad | 25,937 soles |
| 13 | Junin | 25,472 soles |
Real growth of value added (2025 estimate) (2025)
Cusco ranks 23 of 25, highest first.
| Rank | Region | Real growth of value added (2025 estimate) |
|---|---|---|
| 19 | Puno | +2.3% |
| 20 | Pasco | +2.3% |
| 21 | Arequipa | +2.0% |
| 22 | Ancash | +0.9% |
| 23 | Cusco | -2.5% |
| 24 | Moquegua | -3.2% |
| 25 | Tumbes | -3.8% |
Real change in value added 2019-2025 (2019-2025)
Cusco ranks 22 of 25, highest first.
| Rank | Region | Real change in value added 2019-2025 |
|---|---|---|
| 19 | Ucayali | +5.8% |
| 20 | Arequipa | +2.7% |
| 21 | Amazonas | +2.2% |
| 22 | Cusco | +0.9% |
| 23 | Tumbes | -0.3% |
| 24 | Pasco | -1.1% |
| 25 | Madre de Dios | -5.7% |
Oil, gas and mining share of value added (2025) (2025)
Cusco ranks 7 of 25, highest first.
| Rank | Region | Oil, gas and mining share of value added (2025) |
|---|---|---|
| 4 | Ancash | 40.8% |
| 5 | Tacna | 35.9% |
| 6 | Arequipa | 33.9% |
| 7 | Cusco | 32.2% |
| 8 | Cajamarca | 30.7% |
| 9 | Ayacucho | 27.1% |
| 10 | Ica | 25.6% |
Unemployment rate (EPEN) (2025)
Cusco ranks 9 of 23, highest first. INEI's employment survey reports Metropolitan Lima together with Callao and the rest of Lima department as the Lima region, so Lima and Callao are not ranked.
| Rank | Region | Unemployment rate (EPEN) |
|---|---|---|
| 6 | Pasco | 5.9% |
| 7 | Arequipa | 5.4% |
| 8 | Tacna | 5.1% |
| 9 | Cusco | 4.8% |
| 10 | Junin | 4.5% |
| 11 | Ancash | 4.3% |
| 12 | Puno | 4.1% |
Informal employment rate (EPEN) (2025)
Cusco ranks 11 of 23, highest first. INEI's employment survey reports Metropolitan Lima together with Callao and the rest of Lima department as the Lima region, so Lima and Callao are not ranked.
| Rank | Region | Informal employment rate (EPEN) |
|---|---|---|
| 8 | San Martin | 83.0% |
| 9 | Loreto | 80.8% |
| 10 | Pasco | 80.5% |
| 11 | Cusco | 80.1% |
| 12 | Ucayali | 79.5% |
| 13 | Ancash | 78.8% |
| 14 | Tumbes | 77.5% |
Labour force participation, ages 14+ (EPEN) (2025)
Cusco ranks 4 of 23, highest first. INEI's employment survey reports Metropolitan Lima together with Callao and the rest of Lima department as the Lima region, so Lima and Callao are not ranked.
| Rank | Region | Labour force participation, ages 14+ (EPEN) |
|---|---|---|
| 1 | Apurimac | 81.9% |
| 2 | Huancavelica | 79.3% |
| 3 | Ayacucho | 77.4% |
| 4 | Cusco | 77.1% |
| 5 | Cajamarca | 76.4% |
| 6 | Puno | 75.5% |
| 7 | San Martin | 75.3% |
Workers affiliated to a pension system (EPEN) (2025)
Cusco ranks 9 of 23, highest first. INEI's employment survey reports Metropolitan Lima together with Callao and the rest of Lima department as the Lima region, so Lima and Callao are not ranked.
| Rank | Region | Workers affiliated to a pension system (EPEN) |
|---|---|---|
| 6 | La Libertad | 39.1% |
| 7 | Tacna | 36.5% |
| 8 | Ancash | 35.5% |
| 9 | Cusco | 34.0% |
| 10 | Loreto | 33.0% |
| 11 | Pasco | 32.7% |
| 12 | Tumbes | 32.2% |
Average monthly income from work (EPEN) (2025)
Cusco ranks 8 of 23, highest first. INEI's employment survey reports Metropolitan Lima together with Callao and the rest of Lima department as the Lima region, so Lima and Callao are not ranked.
| Rank | Region | Average monthly income from work (EPEN) |
|---|---|---|
| 5 | Tacna | 1,793.2 soles |
| 6 | La Libertad | 1,733.9 soles |
| 7 | Tumbes | 1,658.2 soles |
| 8 | Cusco | 1,611.8 soles |
| 9 | Ucayali | 1,598.2 soles |
| 10 | San Martin | 1,565.3 soles |
| 11 | Junin | 1,563.7 soles |
More on Cusco: overview · health · education and schools · poverty and living standards · government budget · Peru
Sources
- Instituto Nacional de Estadistica e Informatica (INEI): Peru: PBI por Departamentos 2007-2025 (cifras preliminares): Cuadros 1, 3 and 4 (value added by department at constant 2007 and current prices) and Cuadro 182 (2025 value added by activity and department), read 23 October 2026 · saved copy (SHA-256 a0dbecb43171…)
- Instituto Nacional de Estadistica e Informatica (INEI): Peru: Indicadores del Mercado Laboral a nivel departamental, 2022-2025 (Encuesta Permanente de Empleo Nacional, EPEN): Cuadros 1.1, 1.6, 2.3, 3.1, 5.1, 6.1, 6.7, 7.1 and annex tables, read 23 October 2026 · saved copy (SHA-256 eb9c2fcd1b4f…)
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