Economic Stats of Peru

GDP
GDP(in billion USD): PERU

228.32
250.00 25.0%

223.25
222.60
211.01
22.1%

201.71
201.18

200.79
20.0%

192.65

191.90
189.81
18.0%
200.00

171.76
16.5% 16.4%
15.3% 15.0%
13.7% 13.9%

147.53
12.2% 10.7%
10.0% 10.0%
150.00

120.82
120.55
7.2%

102.17
5.3% 5.5% 5.0%
4.4%
3.1% 88.64 2.6%
100.00 0.6% 1.1%
76.06

0.2% -0.2% 0.0%

66.77
58.73
54.78
52.03
51.74

-5.5% -5.0%
50.00
-10.0%
-11.7%
0.00 -15.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

GDP (in billions USD) GDP growth rate

Source – Created from the data of World bank indicators

GDP Per Capita
GDP per capita( in USD): PERU

7023.08
8000.00 25.0%

6958.50
6756.75

6710.51

6692.25
6672.88
6528.97
21.1%

6229.10

6205.00

6117.49
7000.00 20.0%

5869.32
17.0%
15.6% 15.5%

5082.35
6000.00 14.3% 15.0%
12.6% 12.9%
11.2%

4220.62

4196.31
5000.00 9.4%10.0%
8.1%

3606.07
6.2%
3154.33
4000.00 5.0%
4.1% 3.7%
2729.50

3.5%
2417.03

1.6% 0.9%
2145.64
2021.24

3000.00 0.0%
1955.59

1941.48

-0.7% -0.6% -1.2% -0.4%

2000.00 -5.0%
-6.7%
1000.00 -10.0%
-12.9%
0.00 -15.0%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

GDP per capita (in US$) Growth in GDP per capita

Source – Created from the data of World bank indicators

 Wealth Distribution
Wealth Distribution

52.19
49.91
46.75

41.26 42.00
39.74 39.70 40.00 40.06 40.35 39.63
37.59
36.89 37.67
35.01 35.36 34.32
32.89 33.73 32.69
31.87 31.23 31.22 32.01 32.03
29.41
28.78
26.97 26.81 26.10
24.73 25.16 24.28 24.32
23.39
21.29
17.43
15.30
14.04

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Peru - Poverty Peru - Vulnerable Peru - Middle-class

Source - based on World Bank 2019, LAC Equity Lab.

Minerals and Resources
• One of the top ten richest mineral countries in the world.
• As per latest data published by the US Geological Survey, Peru has
8.7% of the world’s copper reserves, 3.7% of its gold, 22.6% of its
silver, 7.6% of zinc, 7.1% of lead and 3% of tin reserves
• Mineral export revenues- USD 27.2 billion (60% of country’s total
exports)
• Peru is the seventh-largest crude oil reserve holder in Central and
South America, with 741 million barrels of estimated proved
reserves(7.6 times its annual consumption), as of January 2015,
according to Oil and Gas Journal.
Modes Of Transport Available
• The Peruvian Port System has more than 100 port facilities, which are classified as marine, river
and lake ports. In spite of such port facilities, maritime commerce in Peru is mainly concentrated
on eight major coastal ports: Callao, Talara, Paita, Salaverry, Chimbote, San Martin (Pisco), Ilo
and Matarani.
• Among these ports, Callao is the most important in terms of cargo movement, since 70 per cent
of the total cargo in Peru is and discharged loaded in this port. In addition, it has positioned itself
as a regional hub, considered the most important container tran-shipment port on the west
coast of South America.
• The two Airports available for cargo are the Jorge Chavez International Airport in Lima and the
Alejandro Velasco Astete International Airport in Cusco.
• Within Peru, you can mostly transport your goods by road or air. However several cities in the
Amazon region remain inaccessible by road and relies on the 8,600 km of navigable waterways
to transport their agricultural and mineral goods.
Communication System
• Typically emotive in their communication style
• Prefers indirect communication style -favoring diplomacy and an
avoidance of confrontation
• In their culture, It’s common to say what one believes someone wants
to hear, rather than the truth
• Conversations are usually loud and involve lively body language
• Personal space is smaller than in other cultures
• Direct eye contact is a sign of honesty and respect
 Principal Industries
Sector Wise GDP Composition Some Major industries in Peru are
• Mining and refining of minerals
• Steel, metal fabrication
8% • Petroleum extraction and refining
Service
• Natural gas and natural gas liquefaction
33% Industry • Fishing and fish processing
60% Agriculture

Telecommunications and financial

services are the main branches of the
services sector; together they account
for nearly 40% of GDP.

Source - https://www.cia.gov/the-world factbook/countries/peru/

 Foreign Investment Opportunities

1. Infrastructure 2. Mining and oil & gas 3. Healthcare

Interesting local phrase – ‘Ya fuiste’
Pronunciation: Yah fwees – teh
Meaning - you’ve already lost or you’re finished
Example-
1. Imagine that you had to do a course and you had to hand
something in by May 20th. But you missed it. Your friend tells you,
‘ya fuiste’, you’re going to have to repeat the course.
2. Imagine that you’re playing FIFA with your friend you score two
goals and tell him ‘ya fuiste’, because he’s not going to win he has
already lost