In the 10 years to 2014 the Peruvian economy experienced rapid growth, averaging 6.2%, placing Peru among the fastest-growing economies in the region. In 2014 Peru was the seventh-largest economy in Latin America and Caribbean, with a GDP of $202.9bn. However, lower commodity prices and resulting lower export revenues for some of its key exports saw Peru’s growth slow considerably in 2015, to...
Chapter | Country Profile from The Report: Peru 2016
Buoyed by high commodity prices and market-friendly policies, Peru has been one of the best-performing and most stable economies in Latin America over the past decade. Rapid economic growth has, in turn, spurred an emerging middle class and notable social gains, with the poverty rate falling by more than half from 2004 to 2014. Today the challenge facing Peru, as well as other commodity-driven...
After a difficult 2015, marked by lower commodity prices and reduced export revenues, Peru is on track to begin economic recovery in 2016, with increased mineral output set to drive much of its rebound. The IMF forecasts growth to rise to 3.3% in 2016, up from an estimated 2.5% in 2015.
Articles & Analysis | Essential tips for travellers to Peru from The Report: Peru 2016
ETIQUETTE: Given Peru’s rich historical and ethnic heritage, its culture is diverse and varies slightly 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...
Articles & Analysis | Peru's ecological and archaelogical assets create niche tourism markets from The Report: Peru 2016
Home to 25,000 plant species, 2000 species of fish, more than 500 mammals and 500 amphibians, Peru is considered among the 12 most biodiverse countries in the world. With a total of 158 protected areas that cover over 22m ha – approximately 17% of the country’s land mass, Peru has enormous potential for boosting growth in eco-tourism. This...
Articles & Analysis | Leading business and leisure hotels in Peru from The Report: Peru 2016
LA HACIENDA MIRAFLORES Av. 28 de Julio 511, Miraflores T: (+51) 1 213 1010 reservas@hoteleslahacienda.com www.hoteleslahacienda.com Rooms: 56 guest rooms and suites. Business & Conference Facilities: All essential services, 1 business centre and 1 boardroom. Health & Leisure Facilities: Fitness centre room with gym and workout room....