In a little more than two decades Peru’s modern economic narrative has been drastically transformed thanks to continued macroeconomic growth and prudent fiscal planning. Much of this transformation is owed to high commodity prices, which have ensured the maximum value for Peru’s natural resources, though growth in recent years has also been...
Substantial economic growth over the past decade has resulted in greater focus on Peru’s deficient infrastructure. Of the estimated deficit, approximately $13bn is attributed solely to highway construction, an essential component that often encounters difficulties due to the country’s complicated terrain, especially in the Andes Mountains and...
With an estimated maximum potential for hydroelectric power of 69,445 MW, Peru has an abundant source of renewable energy. The potential capacity of hydroelectric resources was roughly 12 times greater than peak electricity demand in 2012. However, in recent years hydroelectric plants have become less important in supplying power to the national...
The billions of dollars generated by the mining sector have been a principal driver of wider economic growth in Peru over the course of the past decade. Revenues from the sector have increased several times over as Peru continues to ride the wave of a commodities “super-cycle”. This has not only filled government coffers, bringing foreign...
With its expanding middle class and relatively high degree of social mobility, Peru represents a solid growth opportunity for the banking industry. Lending activity jumped by 23% in 2012, with much of this coming from a rise in consumer and retail loans. International players are abuzz with hopes of entering the South American country, and with...
In comparison to neighbouring bourses in Chile and Colombia, the Lima Stock Exchange (Bolsa de Valores de Lima, BVL) is a minor player in terms of both market capitalisation and volume traded. Despite top performing stocks in retail and finance, the BVL remains highly concentrated in mining, which accounts for 41.5% of total market...
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