Peru is located on the western coast of Latin America;
The Borders of Peru are Brazil, Bolivia, Chile, Colombia, and Ecuador;
The Peruvian capital, Lima (8 million people) is the largest city in the Andean region;
The Departments of Peru are Amazonas, Ancash, Apurímac, Arequipa, Ayacucho, Cajamarca, Cusco, Huancavelica, Huanuco, Ica, Junín, La Libertad, Lambayeque, Lima-Provinces, Loreto, Madre de Dios, Moquegua, Pasco, Piura, Puno, Saint Martin, Tacna, Tumbes, and Ucayali) and Callao;
Peruvian major languages: Spanish is the official language, while Quechua and Aymara are co-officials;
Peruvian Population: 31 million people;
Area of Peru: 1,285,216 km². Peru is the third largest country
in South America, after Brazil and Argentina;
Independence of Peru from Spain in 1821;
Abolition of Slavery in Peru:
1854;
African Diaspora in Peru: 0.5 million people (2%
of the Peruvian population).
Peru belongs to the Latin American Economic area of the Western Civilization.
Peruvian Economy
Peru has strong economic ties with the American and the Asian markets;
The economic forecast seems favorable to Peru in the next years, based on the foreign direct investment (mining, industry, communications, and energy), international trade and local consumption;
Lima is the economic, financial, and foreign trade centre of Peru;
Lima (8.5 million people - Source: INEI), generates 35% of the industrial production and 53% of the Peruvian GDP;
Lima is the home of the largest Peruvian and multinational companies;
Arequipa is the “city with the highest economic growth in Latin America” (Source: America Economia);
The Peruvian agribusiness sector (Food and agricultural production)
has grown significantly due to the dynamism in food products exports in the last four years (annual growth of 20%);
The Peruvian telecommunications sector is one of the fastest economic growth in Peru;
Peru is increasingly oriented toward the Asia-Pacific (APEC and TPP);
The Peruvian currency is the Nuevo Sol (PEN).
Peruvian international trade.
The Port of Callao is the largest international trade port in the Andean Community;
The main Exports of Peru are mining (copper, gold, molybdenum, silver, and zinc: 58% of the Peruvian exports), agriculture, fishing, hydrocarbons products, and manufactures;
The Peruvian exports augmented 13% and recorded 31,529 million dollars (3.5 times higher than in 2002).
Foreign direct investment in Peru.
Spain, the UK, and the U.S. are the main foreign direct investment (FDI)
sources in Peru.
(c) EENI Global Business School (1995-2023)
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