Peru and Germany enjoy close and amicable political ties. As advocates of a rules-based international order, the two countries pursue intensive exchange, both bilaterally and in multilateral forums. Peru is a global partner of the Federal Ministry for Economic Cooperation and Development. Germany is the country’s second most important international donor, and the two countries maintain a climate partnership.

Three political foundations (Friedrich Ebert, Friedrich Naumann and Konrad Adenauer) are represented in Peru.

Peru’s economic growth over more than 20 years was interrupted by the COVID-19 pandemic. Thanks to high world market prices for minerals such as gold and copper, the country’s GDP rose again in 2024, by 3%, an upwards trend expected to continue this year. Some 54% of Peru’s GDP is made up of services (especially tourism), while mining and industry account for 26%, agriculture 7% and the construction sector 6%.

Since 1968, there has been a German-Peruvian Chamber of Industry and Commerce in Lima with around 280 member companies. The two countries have had a bilateral raw materials partnership since 2014. German companies are successful above all in the distribution of technology. The largest investment is the extension of Lima airport by Fraport AG.

In the field of development cooperation, Germany has been working intensively with Peru for the last 61 years and is the country’s largest European donor. The five areas of development cooperation are good governance, climate action and adaptation to climate change, sustainable urban development, biodiversity and forest conservation. The main focus is on cooperation on climate action and environmental protection, based on the global agenda for sustainable development, as well as alignment with international standards as part of Peru’s OECD accession process. At the 2022 intergovernmental negotiations on development policy, a political declaration on the climate and development partnership was signed with Peru – the first with a country in Latin America. A further focus is gender equality, which is to be developed within the framework of feminist development policy.

In the field of culture, the priorities are teaching German as a foreign language (three German Schools abroad, ten more PASCH schools, a total of some 18,500 pupils learning German) and academic exchange (1664 Peruvian students in Germany).

There is a Goethe-Institut in Lima and a German-Peruvian culture institute in Arequipa and Cusco.