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Economy of Peru

Population: 30 million in 2013¹

GDP: $202 billion in 2013²

GDP per capita: $6,662 nominal³ ($11,775 PPP⁴) in 2013

GDP growth rate: 5.8% in 2013⁵

Industries

GDP by Industry 2012⁶

Industry sector	Value added ($ billions) 2012	Percent of total
Other activities	47	28.5%
Wholesale, retail trade, restaurants and hotels	31	18.8%
Manufacturing	24	14.7%
Mining and utilities	24	14.2%
Transport, storage and communication	16	9.3%
Construction	13	7.6%
Agriculture, hunting, forestry, fishing	11	6.9%
Total value added	166	100%

Employment

Unemployment rate: 3.9% in 2013⁷

Employment by Industry 2013⁸

Employment sector	Employees (thousands) 2013	Percent of total
Agriculture, forestry and fishing	3,850	24.5%
Wholesale trade, retail trade and repair of motor vehicles	3,009	19.2%
Manufacturing	1,590	10.1%
Accommodation and food service	1,055	6.7%
Transportation and storage	1,048	6.7%
Construction	975	6.2%
Education	838	5.3%
Public administration and defence	672	4.3%
Other service	423	2.7%
Administrative and support service	422	2.7%
Activities of households as employers	406	2.6%
Human health and social work	364	2.3%
Professional, scientific and technical	296	1.9%
Mining and quarrying	198	1.3%
Arts, entertainment and recreation	162	1.0%
Information and communication	158	1.0%
Finance and insurance	133	0.8%
Water supply, sewerage and waste management	49	0.3%
Real estate	20	0.1%
Electricity, gas, steam and air conditioning	16	0.1%
Extraterritorial organizations and bodies	0	0.0%
Total employment	15,684	100%

Corporations

Top 10 Corporations by Revenue 2013⁹

N/A

Households

Household Wealth: $406 billion (201% of GDP) in 2014¹⁰

Household Wealth per Adult: in 2014¹⁰

Gini Coefficient: .453 in 2012¹¹

Government

Central Government

Central Government Revenue: $61 billion (30% of GDP) in 2013¹²

Central Government Expenditure: $59 billion (29% of GDP) in 2013¹²

Central Government Budget Balance: +$2 billion (+1% of GDP) in 2013¹²

Central Government Public Debt: $34 billion (17% of GDP) in Q3 2014* ¹³

Central Government 9 Year Bond Interest Rate: 5.08% on Jan 28, 2015¹⁴

* Public debt calculated using the exchange rate 3.03 PEN = 1 USD

Government Funds

Fondo de Estabilizacion Fiscal: $9 billion (5% of GDP) in 2014¹⁵

Tax Structure

Individual Income Tax Rates and Thresholds in 2013* ¹⁶

0%: $0-$8,548
15%: $8,549-$32,970
21%: $32,971-$65,940
30%: $65,941+

Corporate Tax Rate: 30% in 2014¹⁷

* Invididual thresholds calculated using the exchange rate 3.03 PEN = 1 USD

Monetary Policy

Money Supply (M0): $18 billion (9% of GDP) in Dec 2014* ¹⁸

Benchmark Interest Rate: 3.25% in Jan 2015¹⁹

Total Reserves: $66 billion (33% of GDP) in 2013²⁰

Exchange Rate: 3.03 Peruvian Nuevo Sols = 1 U.S. Dollar on Jan 28, 2014²¹

Inflation: 2.8% in 2013²²

* Money supply calculated using the exchange rate 3.03 PEN = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 2013²³

N/A (data not available at Relbanks.com)

International Accounts

Exports: $42 billion (20% of GDP) in 2013²⁴

Imports: $42 billion (20% of GDP) in 2013²⁴

Trade Balance: $0 billion (0% of GDP) in 2013²⁴

Foreign Direct Investment Inflow: $9 billion (4% of GDP) in 2013²⁵

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $394 million (0.2% of GDP) in 2012²⁶

Foreign Aid Outflow: N/A

References