Peru

Peru’s business environment is facing a high tax burden as well as a lack of skilled labour and political instability. However, the country ranks among the top third of countries in the Index of Economic Freedom due to its trade and investment…

Between 2022 and 2027, Peru's households are set to expand. While traditional family households remain prevalent, the growth of single-person households is notable due to factors like migration and evolving lifestyles as well as soaring urbanisation.…

The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in Australia covers production and consumption trends in agricultural commodities, energy…

In 2023, Peru’s economy contracted by 0.6%, amid the disruptions related to anti-government protests and the impact of the El Niño weather phenomenon. Over the year, however, exports showed relative resilience. The economy is projected to recover in…

In 2023, Peru ranked 11th among Latin American nations in terms of average gross income, with social unrest and the El Niño weather phenomenon impacting economic and, consequently, incomes growth over 2023. Projections for 2023-2028 suggest an 8.5%…