Peru GDP Data & Country Report

Peru Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Peru; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

Central Reserve Bank of Peru

International Reserves

US$ 48.553 billion (Source: IMF; Data updated: November 2011)

Gross Domestic Product - GDP

US$ 167.846 billion (2010 estimate)

GDP (Purchasing Power Parity)

299.648 billion of International dollars (2010 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
3%	0.2%	5%	4%	5%	6.8%	7.7%	8.9%
2008	2009	2010	2011*
9.8%	0.9%	8.8%	7.5%

*Estimate

GDP per capita - current prices

US$ 5,593 (2009 estimate)

GDP per capita - PPP

$9,985 International Dollars (2009 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0.45%	0.3%	0.3%	0.37%	0.39%

**Forecast

GDP - composition by sector

agriculture: 8.2%
industry: 32.1%
services: 59.7% (2009 estimate)

(Data released on November 2010)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
5.8%(2008)	2.9%	1.5%	2.7%

*Estimate

Unemployment rate

2008	2009	2010	2011*
8.4%	8.6%	8%(2009)	7.5%

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
30.9%	25.7%	26.6%	24.3%	22.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
3.2%	2.2%	-2.1%	-0.8%	-0.1%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: BBB-/Positive/A-3

Moody's rating: Baa3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
US$105.96 billion	US$55.625 billion	US$69.753 billion

Largest companies in Peru

Credicorp (Regional Banks), Buenaventura (Diversified Metals & Mining)
(2011)

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -3.4 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-2.1% of GDP (2010 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

23.9% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0.23%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0.1%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$35.56 billion f.o.b. (2010 estimate)

Export commodities

copper, gold, zinc, crude petroleum and petroleum products, coffee, potatoes, asparagus, textiles, fishmeal

Total imports

US$29.08 billion f.o.b. (2008 estimate)

Import commodities

petroleum and petroleum products, plastics, machinery, vehicles, iron and steel, wheat, paper

Exports - major partners

US 19.5%, China 12.7%, Canada 7.6%, Japan 7.5%, Chile 5.9%, Switzerland 4.2%, Spain 4.1% (2007)

Imports - major partners

US 20.5%, China 10.8%, Brazil 9%, Ecuador 6.1%, Argentina 5.6%, Chile 5%, Colombia 4.8% (2007)

FDI inflows

2008	2009	2010
US$6,924 million	US$5,576 million(2009)	US$7,328 million(2009)

FDI outflows

2008	2009	2010
US$736 million	US$398 million	US$215 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
US$679 million	US$416 million(2009)	US$77 million(2009)	US$34 million

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 36 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 54 out of 183 countries(2009)

Registering property: 24 out of 183 countries

Paying Taxes: 86 out of 183 countries

Getting credit: 15 out of 183 countries

Protecting investors: 20 out of 183 countries

Trading across border: 53 out of 183 countries

Enforcing Contracts: 110 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 41 Score: 68.6 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC-5

Total area

1,285,216 km² (2006)

Capital

Lima (2009)

Currency

nuevo sol (PEN) (2009)

Government type

constitutional republic (2009)

Languages

Spanish (official), Quechua (official), Aymara, and a large number of minor Amazonian languages

Religions

Roman Catholic 81.3%, Evangelical 12.5%, other 3.3%, unspecified or none 2.9% (2007 Census)

Total population

1980	1990	2000	2010*	2015**
17.32 million	21.75 million	25.21 million	29.55 million	31.91 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
46.8%	64.6%	70.7%	71.5%

Population median age

25.0 years (2006)

Population growth rate

1.1% (2009)

Life expectancy

71 years (2007)

Adult literacy

91% (2000/2007)

% of population living on less than $2 a day

14.68% (2011)

Inequality of wealth distribution (Gini index)

48 (2009)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:2
Civil Liberties:3 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

111% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

34.3% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Lima: 138th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

1.4057 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST FOREIGN EXCHANGE BANKS

2010:

COUNTRY WINNERS Scotiabank Peru (National, 2010)

2009:

COUNTRY WINNERS Scotiabank Peru (National, 2009)

WORLD'S BEST SUPPLY CHAIN FINANCE PROVIDERS

2009:

GLOBAL WINNERS / Best Customer Implementation of Supply Chain Financing Solution The World Bank, Capital Tool and the Peruvian state government (Global, 2009)

WORLD'S BEST INTERNET BANKS

2011:

COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2011)

2010:

COUNTRY WINNERS / Best Corporate/Institutional Internet Banks Citi (National, 2010)

2009:

COUNTRY WINNERS / Best Consumer Internet Banks BBVA Banco Continental (National, 2009)
COUNTRY WINNERS / Best Corporate/Institutional Internet Banks Citi (2009)

WORLD'S BEST EMERGING MARKET BANKS

2011:

COUNTRY WINNERS BBVA Banco Continental (National, 2011)

2010:

COUNTRY WINNERS BBVA Banco Continental (National, 2010)

2009:

COUNTRY WINNERS BBVA Banco Continental (National, 2009)

WORLD'S BEST SUB CUSTODIANS

2011:

COUNTRY WINNERS Citi (National, 2011)

2010:

COUNTRY WINNERS Citi (National, 2010)

2009:

COUNTRY WINNERS J.P. Morgan Chase (2009)

TOP 200 EMERGING MARKETS BANKS

2010:

OVERALL BIGGEST Banco de Crédito del Perú (Global, 2010)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2011:

COUNTRY WINNERS Scotiabank Peru (National, 2011)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Peru GDP Data & Country Report | Global Finance

WORLD'S BEST FOREIGN EXCHANGE BANKS

2010:

2009:

WORLD'S BEST SUPPLY CHAIN FINANCE PROVIDERS

2009:

WORLD'S BEST INTERNET BANKS

2011:

2010:

2009:

WORLD'S BEST EMERGING MARKET BANKS

2011:

2010:

2009:

WORLD'S BEST SUB CUSTODIANS

2011:

2010:

2009:

TOP 200 EMERGING MARKETS BANKS

2010:

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2011: