Economy, jobs and prices in Huancavelica, Peru: official figures
Huancavelica's economy produced 8.8 billion soles of gross value added at current prices in 2025, according to INEI's estimate, 0.79% of Peru's 1.11 trillion soles; 4th smallest of Peru's 25 regions.
What is the GDP per person in Huancavelica?
Gross value added per person in Huancavelica was about 26,779 soles in 2025 (INEI value added divided by INEI's projected population), against 32,320 soles for Peru; 11th highest of Peru's 25 regions.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyIs the economy of Huancavelica growing?
In real terms (constant 2007 prices) Huancavelica's economy grew by 3.6% in 2025 (Peru's value added: 3.2%), after growth of 11.4% in 2024; its 2025 growth was 13th highest of Peru's 25 regions.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHas the economy of Huancavelica recovered since the pandemic?
After adjusting for prices, Huancavelica's output in 2025 was 14.9% above its 2019 level, before the pandemic (Peru: 10.7% above), and 63.8% above its 2007 level.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyWhat are the main industries in Huancavelica?
The largest sectors of Huancavelica's economy in 2025 were electricity, gas and water (26.3% of value added at current prices), oil, gas and mining (20.0%) and other services, including fishing (15.3%).
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow important is mining in Huancavelica?
Oil, gas and mining produced 20.0% of value added in Huancavelica in 2025 (12th highest of Peru's 25 regions), agriculture, livestock and forestry 10.1% (12th lowest of Peru's 25 regions) and manufacturing 1.2% (Peru: 15.1%, 7.3% and 12.4%).
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyWhat is the unemployment rate in Huancavelica?
Unemployment in Huancavelica averaged 3.8% in 2025 in INEI's national employment survey (EPEN), down 0.6 percentage points on 2024 (4.4%); joint 7th lowest of the 23 departments outside Lima and Callao. Peru's rate was 4.9%. INEI marks this estimate as indicative only because of its sampling error.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow many workers in Huancavelica have informal jobs?
85.6% of workers in Huancavelica held informal jobs in 2025, without the social protection of formal employment, against 89.3% in 2022; 5th 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 Huancavelica are in the labour force?
79.3% of people of working age (14 and over) in Huancavelica were in the labour force in 2025, working or looking for work: 82.4% of men and 76.1% of women (Peru: 69.5%).
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow many people work in Huancavelica?
About 178,200 people had jobs in Huancavelica in 2025 (93,600 men and 84,600 women), up 0.8% on 2024, and 7,100 were unemployed. INEI marks this estimate as indicative only because of its sampling error.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyWhat is the unemployment rate for women in Huancavelica?
Unemployment among women in Huancavelica was 3.8% in 2025, against 3.8% 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 Huancavelica?
Workers in Huancavelica earned an average of 1,230.4 soles a month from work in 2025, down 5.2% on 2024; 2nd lowest 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 Huancavelica have a pension?
29.1% of workers in Huancavelica were affiliated to a pension system in 2025 (Peru: 42.7%), and 99.4% had health insurance (Peru: 95.3%).
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow many hours do people work in Huancavelica?
People with jobs in Huancavelica worked 40.0 hours a week on average in 2025 (Peru: 43.8), against 38.6 in 2022.
Source: Instituto Nacional de Estadistica e Informatica (INEI) · saved copyHow Huancavelica compares with other departments
Gross value added, current prices (2025 estimate) (2025)
Huancavelica ranks 22 of 25, highest first.
| Rank | Region | Gross value added, current prices (2025 estimate) |
|---|---|---|
| 19 | Ayacucho | 14.8 billion soles |
| 20 | Pasco | 11.9 billion soles |
| 21 | Ucayali | 9.9 billion soles |
| 22 | Huancavelica | 8.8 billion soles |
| 23 | Amazonas | 7.8 billion soles |
| 24 | Tumbes | 5.6 billion soles |
| 25 | Madre de Dios | 4.4 billion soles |
Gross value added per person (2025 estimate) (2025)
Huancavelica ranks 11 of 25, highest first. INEI departmental value added divided by INEI's projected 2025 population.
| Rank | Region | Gross value added per person (2025 estimate) |
|---|---|---|
| 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 |
| 14 | Piura | 23,433 soles |
Real growth of value added (2025 estimate) (2025)
Huancavelica ranks 13 of 25, highest first.
| Rank | Region | Real growth of value added (2025 estimate) |
|---|---|---|
| 10 | Piura | +4.3% |
| 11 | Madre de Dios | +4.3% |
| 12 | Ayacucho | +4.0% |
| 13 | Huancavelica | +3.6% |
| 14 | Callao | +3.6% |
| 15 | Lima | +3.0% |
| 16 | San Martin | +3.0% |
Real change in value added 2019-2025 (2019-2025)
Huancavelica ranks 7 of 25, highest first.
| Rank | Region | Real change in value added 2019-2025 |
|---|---|---|
| 4 | Lambayeque | +18.4% |
| 5 | Apurimac | +17.1% |
| 6 | Loreto | +15.2% |
| 7 | Huancavelica | +14.9% |
| 8 | Tacna | +12.9% |
| 9 | La Libertad | +12.8% |
| 10 | Cajamarca | +12.0% |
Oil, gas and mining share of value added (2025) (2025)
Huancavelica ranks 12 of 25, highest first.
| Rank | Region | Oil, gas and mining share of value added (2025) |
|---|---|---|
| 9 | Ayacucho | 27.1% |
| 10 | Ica | 25.6% |
| 11 | Junin | 24.7% |
| 12 | Huancavelica | 20.0% |
| 13 | Madre de Dios | 20.0% |
| 14 | La Libertad | 19.3% |
| 15 | Puno | 12.1% |
Unemployment rate (EPEN) (2025)
Huancavelica ranks 17 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) |
|---|---|---|
| 14 | Huanuco | 3.9% |
| 15 | Madre de Dios | 3.9% |
| 16 | Ayacucho | 3.8% |
| 17 | Huancavelica | 3.8% |
| 18 | Amazonas | 3.3% |
| 19 | Cajamarca | 3.2% |
| 20 | Loreto | 3.1% |
Informal employment rate (EPEN) (2025)
Huancavelica ranks 5 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) |
|---|---|---|
| 2 | Puno | 88.0% |
| 3 | Apurimac | 86.7% |
| 4 | Amazonas | 86.4% |
| 5 | Huancavelica | 85.6% |
| 6 | Ayacucho | 84.8% |
| 7 | Huanuco | 84.1% |
| 8 | San Martin | 83.0% |
Labour force participation, ages 14+ (EPEN) (2025)
Huancavelica ranks 2 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)
Huancavelica ranks 16 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) |
|---|---|---|
| 13 | Madre de Dios | 32.0% |
| 14 | Ucayali | 31.0% |
| 15 | Junin | 30.2% |
| 16 | Huancavelica | 29.1% |
| 17 | San Martin | 26.6% |
| 18 | Apurimac | 26.3% |
| 19 | Ayacucho | 25.6% |
Average monthly income from work (EPEN) (2025)
Huancavelica ranks 22 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) |
|---|---|---|
| 17 | Apurimac | 1,361.5 soles |
| 18 | Huanuco | 1,360.7 soles |
| 19 | Amazonas | 1,357.3 soles |
| 20 | Pasco | 1,336.8 soles |
| 21 | Cajamarca | 1,231.6 soles |
| 22 | Huancavelica | 1,230.4 soles |
| 23 | Puno | 1,053.5 soles |
More on Huancavelica: 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…)
Each saved copy is the file exactly as downloaded, kept so the figures can be checked even if the source changes. Report an error.