Oxfam analysis finds Peru’s richest captured 42 percent of all new wealth

According to an analysis released Tuesday by Oxfam, Peru’s top 1 percent captured 42 percent of the new wealth generated between 2019 and 2025, up from about 39 percent between 2000 and 2019. The poorest 50 percent received just 1.4 percent of the new wealth. Oxfam and the Institute for Peruvian Studies found that 84 percent of Peruvians believe powerful interests shape politics for their own benefit, while more than 75 percent say wealthy individuals and corporations avoid paying their fair share of taxes. About 70 percent of respondents want the government to do more to reduce inequality.