The billions of dollars that Peru will miss out on by not going to the Qatar 2022 World Cup

This afternoon was one of sadness for the Peruvians as their national team lost their qualification match for the World Cup in Qatar 2022 against Australia in the penalty shootout in which the score ended 5-4, since in regular time the duel was tied 0-0.

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And it was undoubtedly very sad to see how the Peruvian team players broke down in tears at the same time as their fans in the stands, so the pain that country is going through at this moment is very understandable.

However, there could be more significant problems with Peru not going to the World Cup, as the country will miss out on an increase in domestic consumption of products and services that could impact its economy in some way.

The billions of dollars that Peru will miss out on by not going to the World Cup

According to Infobae's article Perú al repechaje: cuál será el impacto económico en caso clasificar al Mundial Qatar 2022, the Peruvian economy could miss out on the US$1 billion expected if the national soccer team qualifies.

This amount was expected to be received since the sale of TV sets, jerseys, cell phones, consumption in restaurants and many other activities that were going to be carried out were contemplated, but after not having qualified to the World Cup, these expenses will no longer be incurred. 

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