Peru’s agriculture sector has enjoyed consecutive annual expansion in recent times, with agricultural GDP growing at an average rate of 3.3% per year between 2000 and 2015 – above the regional average for Latin America, according to a March 2018 report by the World Bank titled “Gaining momentum in Peruvian agriculture: Opportunities to...
For a country of Peru’s size, measuring 1.2m sq km, the national railway system remains rather limited. As of 2017 the total network comprised 1939.7 km of track, which has expanded approximately 40 km in the past decade. Railways have shown a particular deficit at both the urban and provincial level; however, 2017 and 2018 have seen momentum...
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
What are the principal contributing components behind Peru’s successful efforts to boost its international connectivity?
The transport sector remains a vital aspect of Peru’s economic success, growing by 2.30% in 2016, and by an average of 2.26% in the first eight months of 2017, according to the National Institute of Statistics. This expansion was driven by a 3.05% increase in airport transit, a 4.26% growth in railway transport, as well as respective increases...
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