The word does exist, and it is 'procrastinación', but it is not widely used, it is considered cult level. Unfortunately it is something that many Peruvians still do, and a reason for the failure. :(

In India we do. It's almost like a national pastime, is procrastination. There are different words in our different languages because we don't speak just one. I'm not writing any of those here because it would be unintelligible. They do exist, however.

In Portuguese is "procrastinação". Informally we say "deixar para depois".

And what is the word in Portuguese?

In German we say Prokrastination (formal term) or Aufschieberitis (funny term).