Dina Boluarte's “Rolexgate” Peru has struggled with chronic political instability, cycling through eight presidents in a decade amid corruption scandals and impeachment battles. Pres. Dina Boluarte faced her own controversy in 2024, when undeclared luxury watches sparked the “Rolexgate” scandal. (more) Why Has Peru Had So Many Presidents? A decade of political instability Written by Katie Angell Katie Angell is Associate Editor at Encyclopedia Britannica, covering topics related to Latin America. She holds an MA from Vanderbilt University and is pursuing a PhD in Political Science. Katie Angell Fact-checked by Britannica Editors Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree.... Britannica Editors Last updated May 27, 2026 •History Peru has earned a reputation for a so-called “presidential curse”: Eight presidents have taken office since 2016, an extraordinary turnover in a decade, and a ninth is set to be elected following a June 7, 2026, runoff. Many of the country’s recent leaders were removed through impeachment or forced to resign, and some are now held in Lima’s Barbadillo prison, often dubbed the country’s “presidential prison.” The stories behind such turnover are striking, involving corruption...

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