Peru Nature & Economy

Peru's economy reflects its varied geography - an arid coastal region, the Andes further inland,and tropical lands bordering Colombia and Brazil. Abundant mineral resources are found in the mountainous areas, and Peru's coastal waters provide excellent fishing grounds. The Peruvian economy grew by more than 4% per year during the period 2002-06, with a stable exchange rate and low inflation. Growth jumped to 9% per year in 2007 and 2008, driven by higher world prices for minerals and metals and the government's aggressive trade liberalization  strategies. Peru's rapid expansion has helped to reduce the national poverty rate by about 15% since 2002. In Peru, the tertiary industry occupies GDP 53%, the second industry accounts for 22.3%, the primary industry accounts for 15% and the tax revenue accounts for 9.7%. the mainly exports commodities are copper, gold, zinc, textile and fish product; The biggest trade partners are US, China, Brazil and Chile.

Location: Western South America, bordering the South Pacific Ocean, between Chile and Ecuador
Population: 30,946,000 (2013 est.)
Land Area:1,285,216km2
Capital: Lima
Main cities: Arequipa, Trujillo, Chiclayo
Languages: Spanish (official), Quechua (official), Aymara
GDP: $206.509 billion (2013 est.)
Monetary unit: Nuevo sol
Exports: $41.51 billion f.o.b. (2013 est.)
Exports - commodities: copper, gold, zinc, crude petroleum and petroleum products, coffee, potatoes, asparagus, textiles, guinea pigs
Exports - partners: US 24.1%, China 9.6%, Switzerland 7.1%, Canada 6.8%, Chile 6%, Japan 5.2% (2006)
Imports: $40.99 billion f.o.b. (2013 est.)
Imports - commodities: petroleum and petroleum products, plastics, machinery, vehicles, iron and steel, wheat, paper
Imports - partners: US 16.5%, China 10.3%, Brazil 10.3%, Ecuador 7.2%, olombia 6.1%, Chile 5.8%, Argentina 4.8%, Mexico 4% (2006)
Land use:
arable land: 2.88%
permanent crops: 0.47%
other: 96.65% (2005)
Natural resources: copper, silver, gold, petroleum, timber, fish, iron ore, coal, phosphate, potash, hydropower, natural gas




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