Economy

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Strong increase in coca leaf production and coca bush cultivation areas in Peru
Economy News SunflowerSunflower Updated April 23, 2018 2051   0   1   0   0  
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.
Fitch Ratings affirms Peru's long-term foreign currency IDR at 'BBB+' with a stable outlook. (September 2017)
Economy News SunflowerSunflower Updated September 20, 2017 697   0   1   0   0  
Fitch Ratings, one of the three big credit rating agencies, published their latest assessment on Peru’s credit ratings. Result: everything remains unchanged with a stable outlook.
San Isidro, where over 50% of prime offices are located, is the most expensive district in Lima to rent or buy
Economy News SunflowerSunflower September 13, 2017 1581   0   5   0   0  
Renting or buying prime office space in metropolitan cities around the globe is usually extremely expensive. Latin American major cities however still offer much more affordable options.
The first coin "Spectacled Bear" (Oso Andino de Anteojos) of the new numismatic series "Threatened Wildlife of Peru" (Fauna Silvestre Amenazada del Perú)
Economy News SunflowerSunflower Updated July 19, 2017 1059   0   1   0   0  
Peruvian banknotes and coins, awarded many times for their beauty and security features, depict the countries diverse and rich archaeological and cultural past, historic figures and natural resources.
Informal employment in Peru remains high; photo: Andina
Economy News SunflowerSunflower Updated July 12, 2017 1378   0   1   0   0  
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.
Unemployment rate and average income in Lima, Peru 2017; photo: Andina
Economy News SunflowerSunflower Updated June 20, 2017 2721   0   1   0   0  
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.
31 Peruvian families own 13% of the country's financial wealth; photo: investopedia
Economy News SunflowerSunflower Updated June 19, 2017 2971   0   1   0   0  
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.
Poverty in Peru by regions in percent 2016; as published by INEI May 2017
Economy News SunflowerSunflower Updated June 19, 2017 1295   0   1   0   0  
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.
2 million Peruvians live from the income bodegas, popular small corner shops in Peru, provide; photo: gestion
Economy News SunflowerSunflower Updated May 25, 2017 1766   0   1   0   0  
Bodegas? Over 400,000 wineries in Peru? No! While there is a not insignificant wine industry in the country, in Peru the term bodega refers to small, mostly family-run corner shops you find in every neighborhood across the country.
Potato harvest high in the Peruvian Andes; photo: Rediagro Peru
Economy News SunflowerSunflower Updated May 24, 2017 847   0   1   0   0  
According to José Manuel Hernández, Peruvian Minister of Agriculture and Irrigation, Peru is the leading producer of potatoes in Latin America.
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