Analysis of Economic Growth in The Southern Regions of Peru, 2019-2021

Objective: The objective of this research is to analyze the economic growth of the Southern Regions of Peru during the period 2019-2021. Method: The methodology used is descriptive and non-experimental design of longitudinal type, also, the information with which we work is secondary because it was collected from the institutions of the Ministry of Economy and Finance MEF (friendly consultation) and the National Institution of Statistics and Informatics INEI; in the target population that we work is the macro southern region of Peru that is made up of: Arequipa, Apurimac, Cusco, Puno, Moquegua, Madre de Dios and Tacna. Results: In the results, the investment in economic growth was observed which is based on the funds allocated for investments by the canon item, over canon and mining royalties, through multiannual programming, project formulation and use of resources, in the southern macro region period 2019-2021, where the departments with the highest economic growth were: Arequipa and Cusco in 2019 presented 5.7% GVA and 4% GVA, in 2020 5.4% GVA and 4% GVA and in 2021 recorded 5.4% GVA and 3. 7% GVA respectively, while those that presented lower economic growth were the departments of Apurimac and Madre de Dios, for 2019 they registered 1.3% GVA and 0.4% GVA, for 2020 1.3% GVA and 0.3% GVA, finally for 2021 they presented 1.2% GVA and 0. 3 GVA respectively; likewise, the departments with the highest public expenditures in current expenditure, capital expenditure and debt service expenditures recorded in the southern macro region in the period 2019-2021 were: Cusco and Arequipa; on the other hand, the departments that showed the lowest economic growth were Moquegua and Madre de Dios. Conclusions: In conclusion, it was observed that in the southern macro region there is a slowdown in economic growth according to the investments made by the regional governments and the benefit presented by each region.