Consistent growth in disposable income and consumer credit continues to increase the size of Peru’s middle class to levels where sales of cars, household appliances and furniture are registering record highs. According to the Lima Chamber of Commerce, 56.1% of the population counts itself among the top three income strata (out of six), up from...
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 diverse country with an intriguing history, the Philippines today is a multi-party, democratic republic, open to foreign investment, and integrated within the regional and international political and economic community.
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