Economy

For the past decade, Peru has boasted the fastest growing economy in Latin America.

It has the world’s biggest reserves of silver, as well as Latin America’s largest reserves of gold, lead and zinc.

 

The Peruvian coast is renowned for its marine resources and export-based agribusiness sector, which includes major products such as asparagus, blueberries, table grapes, avocados, organic bananas and paprika. For its part, the Amazon basin possesses large reserves of oil and natural gas, as well as abundant forestry resources. 

 

The Peruvian government continues to implement measures to reduce bureaucratic barriers to investment, encourage the formalization of small businesses and stimulate capital investment in infrastructure. 

 

Today, Peru enjoys trade agreements with the world’s leading economies, including the United States, China and the European Union. It is also a member of trade blocs, including the Asia-Pacific Economic Cooperation Forum (APEC), or Pacific Alliance.