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According to the latest United Nations Office on Drugs and Crime (UNODC) report the production of coca leaves in Peru increased by 10% from 96,304 tons of sun dried coca leaves in 2015 to 105,960 tons in 2016.
After years of unrest, violence, poverty and uncertainty in the 1980s and 1990s where everyone who could, left the country. Over the past 2 decades Peru made enormous progress and developed into a politically and economically stable country with huge growth rates often topping its neighbors on different levels.
Peru’s economy developed into one of the strongest and fastest growing in Latin America since the new millennium. But as Lima’s Chamber of Commerce (CCL) through its Institute of Economy and Company Development (IEDEP) informed yesterday still 11.7 million people in Peru worked in the informal sector in 2016.
Recently INEI, Peru’s National Institute of Statistics, published in its latest Employment Report for the time period March to May 2017 the newest numbers regarding the employment market in Lima; data for whole Peru unfortunately is rare and hard to come by.
According to the Global Wealth Report 2017 compiled by The Boston Consulting Group (BCG) 31 families in Peru own US$ 12.296 billion (12,296,000,000) which is about 13% of the country’s total financial wealth.
Over the past decade poverty could be reduced significantly in Peru. According to a recent press release from INEI, Peru’s National Institute of Statistic, 20.7% of Peruvians were considered poor in 2016; that are about 6.5 million people living from S/ 328 or less (about US$ 100) per month.
According to INEI’s (Peru’s National Institute of Statistics) latest press release, which is based on the findings of the Governance, Democracy and Transparency Study (November 2016-April 2017), about half of the Peruvian population thinks that corruption affects the country more than crime.