Peru is an agro-industrial country. The basic sectors of the economy are mining and non-ferrous metallurgy, agriculture and tourism. Peru is one of the world leaders in the extraction of copper , silver and gold . In recent years, the country has experienced significant economic growth, but the weaknesses of the economy are dependence on metal prices in the world market, poverty and underdeveloped infrastructure, frequent natural disasters [1] .
| Economy of Peru | |
|---|---|
| Currency | New salt |
| International the organization | WTO |
| Statistics | |
| GDP | $ 502 billion |
| GDP per capita | $ 11 735 |
| Inflation ( CPI ) | 5.9% |
| Economically active population | 9.21 million |
| Unemployment rate | 3.6% |
| Major industries |
|
| International trade | |
| Export partners | USA , China , Chile , Canada |
| Import partners | USA , China , Brazil , Ecuador |
| Public finance | |
| State debt | 24% of GDP |
| Government revenue | $ 38.01 billion |
| Government spending | $ 35.29 billion |
Content
Agriculture
Agriculture provides 8.5% of GDP. The main consumer crops are potatoes (3.2 million tons), barley and corn, and industrial crops are cotton and sugarcane. An important role in agricultural Cocoa beans (25.6 thousand tons) and coffee (169.4 thousand tons) are played.
Industry
Mining
Peru has large mineral reserves. The most important of these are zinc, gold, copper, lead and silver. Oil is extracted in the north in the coastal part. Large reserves of natural gas have been discovered in the east of the country.
Manufacturing
The share of manufacturing is approximately 40% of GDP. The main industries are textile, food, metalworking and car assembly.
Energy Peru
The rivers of Peru have significant hydropower potential, but they occupy a small share in the total energy production - only 7%. Three quarters are provided by oil and natural gas, 13% by wood fuel, the rest by sugar and sugar cane waste.
Transport
Due to the large area of the country and unexplored surface, transport is more developed on the ocean coast. Highways
- total - 78829 km
- paved - 11,351 km
- without hard coating - 67478
Airports
- total - 201, including
- paved - 57
- without hard coating - 144
Railways
- total - 1989 km, including
- wide gauge - 1726 km
- narrow gauge - 263 km
Water transport
- total - 4 vessels, including
- bulk carriers - 3
- oil tanker - 1
Trade
- Export: $ 22.69 billion (plus shadow drug and gold income)
- Export items: gold, zinc, fuel, coffee, potatoes, cocaine
- Export partners: USA 31.1%, China 10.8%, Chile 6.6%, Canada 5.9%, Switzerland 4.6%
- Import 15.38 billion dollars
- Imports - commodities : machinery, automobiles, steel, paper
- Import partners: USA 18.2%, China 8.5%, Brazil 8%, Ecuador 7.4%, Colombia 6.1%, Argentina 5.1%, Chile 5.1%, Venezuela 4.1% ( 2005)
Population Incomes
The minimum wage in Peru in 2018 is 930 Salt ( $ 288.24). The average wage in Peru for 2018 is 1704.14 Salt ( $ 520.36).