As more Peruvians continue to work their way into the country’s burgeoning middle class, an increase in disposable income has led to strong growth in the retail sector. According to UN data, GDP per capita increased by 19% between 2009 and 2010, and is expected to rise in the coming years as the economy continues to expand.
While petroleum is narrowly viewed as a source of energy, its benefits in terms of enhancing the productivity of the manufacturing sector as a whole have yet to be thoroughly explored in Peru. The country is now on the verge of developing what could be a petrochemicals industry of vital importance and has an array of projects lined up for the coming...
With a surface area of 1.29m sq km and 2414 km of coastline, Peru is the third-largest country in South America. It has a population of 28.2m, 30.2% of which is under the age of 14. While there is no official religion, the majority of Peruvians are Christian, and the Catholic Church plays an important role in the country’s culture.
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