- Conventional long form
- Republic of Peru
- Conventional short form
- Peru
- Local long form
- Republica del Peru
- Local short form
- Peru
- Name
- Lima
- Geographic coordinates
- 12 03 S, 77 03 W
- Time difference
- UTC-5 (same time as Washington, DC, during Standard Time)
- Inflation
- 3.596%
- External debt stocks
- US$ 65,938,010,000
- Total tax rate (% of commercial profits)
- 35.6%
- Real Interest Rate
- 12.373%
- Manufacturing, value added (% of GDP)
- 14.501%
- Current Account Balance
- US$ -9,209,589,198
- Labor Force, Total
- 17,068,667
- Employment in Agriculture
- 25.56%
- Employment in Industry
- 22.79%
- Employment in Services
- 76.12%
- Unemployment Rate
- 4.95%
- Imports of goods and services
- US$ 42,948,387,670
- Exports of goods and services
- US$ 43,118,652,098
- Total Merchandise Trade
- 38.05%
- FDI, net inflows
- US$ 7,817,116,455
- Commercial Service Exports
- US$ 5,705,848,630
- Commodities
- copper, gold, lead, zinc, tin, iron ore, molybdenum, silver; crude petroleum and petroleum products, natural gas; coffee, asparagus and other vegetables, fruit, apparel and textiles, fishmeal, fish, chemicals, fabricated metal products and machinery, alloys
- Partners
- China 22.1%, US 15.2%, Switzerland 8.1%, Canada 7% (2015)
- Commodities
- petroleum and petroleum products, chemicals, plastics, machinery, vehicles, TV sets, power shovels, front-end loaders, telephones and telecommunication equipment, iron and steel, wheat, corn, soybean products, paper, cotton, vaccines and medicines
- Partners
- China 22.7%, US 20.7%, Brazil 5.1%, Mexico 4.5% (2015)
- Country Risk Rating
- A4
- A somewhat shaky political and economic outlook and a relatively volatile business environment can affect corporate payment behavior. Corporate default probability is still acceptable on average.
- Business Climate Rating
- B
- The business environment is mediocre. The availability and the reliability of corporate financial information vary widely. Debt collection can sometimes be difficult. The institutional framework has a few troublesome weaknesses. Intercompany transactions run appreciable risks in the unstable, largely inefficient environments rated B.
- Strong growth potential
- Member of the Pacific Alliance
- Mineral, energy, agricultural and halieutic resources
- Low public debt and balanced budget
- Independent central bank and sound banks
- Attractiveness for tourists
- Dependence on commodities and Chinese demand
- Sensitivity to the climate and seismicity
- Regional disparities (poverty in the Andean and Amazonian regions)
- Inadequate infrastructure, corporate credit, healthcare and education
- Scale of coca cultivation and cocaine production
- Massive informal sector (75% of employment) which is not in favor of learning