Over the past decade Peru has seen a period of transformative growth, effectively positioning it as one of the leading economic performers in Latin America. Posting growth rates in excess of 6% from 2010-12, the economy expanded by a further 5.1% in the first half of 2013.
A major metals and minerals exporter with a burgeoning agricultural sector, Peru’s rapid economic growth has been the result of elevated global demand for commodities and key exports, as well as prudent fiscal planning and the expansion of non-primary sectors. With an investor-friendly legal framework, Peru has become a prime destination for foreign direct investment and was recently ranked the second-best country for doing business in Latin America by the World Bank. Despite ongoing social conflict related to extractive industries and a sizeable infrastructure gap, Peru’s stable macroeconomic environment and its efforts to diversify and guard against price volatility should ensure continued growth for this Andean economy.
OBG talks to President Ollanta Moisés Humala Tasso
OBG talks to Luis Miguel Castilla Rubio, Minister of Economy and Finance
OBG talks to Walter Bayly, CEO, Banco de Crédito del Perú (BCP)
OBG talks to Oscar González Rocha, President and CEO, Southern Copper Corporation (SCC)
OBG talks to Eduardo Amorrortu, President, Association of Exporters (ADEX)
OBG talks to Jose Graña Miro Quesada, Chairman, Graña y Montero
Explore any of the chapters below to select an article.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×