• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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ETIQUETTE: Given Peru’s rich historical and ethnic heritage, its culture is diverse and varies from region to region. Peruvians are generally polite and friendly, and strong friendships often go a long way in opening doors and securing opportunities in the business world. Standard business attire is the same as in the US or Europe....

 

Across a range of metrics Peru has emerged as one of the best performing economies in Latin America. The country possesses strong fundamentals, combining robust growth, a falling fiscal deficit, rising export revenue and a credit rating second only to that of Chile. Nevertheless, challenges remain in terms of ensuring sustainable development....

 

According to the Central Reserve Bank of Peru, the country’s trade surplus increased further in 2018, to $7.6bn, the highest figure since 2011 and the fourth biggest on record. Though the trade balance was down from $1.9bn to $1.2bn in the first quarter of 2019, economists are still predicting a surplus. According to Guillermo Arbe, head of...

 

As the world’s nations and businesses become increasingly interconnected, so too does the flow of global migration. According to the OECD’s “International Migration Outlook 2018”, in 2017 some 258m people resided in a country other than the one they were born in and more than 5m foreign-born persons were permanently settled in OECD countries....

Chapter | The Guide from The Report: Peru 2019

This section includes information on hotels, government offices and other listings, alongside useful...

Chapter | Economy from The Report: Peru 2019

Peru has emerged as one of the best performing economies in Latin America. The country possesses strong fundamentals, combining robust growth...

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