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Peru Economy
GDP:
purchasing power parity - $146 billion (2003 est.)
GDP - real growth rate:
4% (2003 est.)
GDP - per capita:
purchasing power parity - $5,100 (2003 est.)
GDP - composition by sector:
agriculture: 8%
industry: 27%
services: 65% (2003 est.)
Investment (gross fixed):
17.7% of GDP (2003)
Population below poverty line:
54% (2003 est.)
Household income or consumption by percentage share:
lowest 10%: 1.6%
highest 10%: 35.4% (1996)
Distribution of family income - Gini index:
46.2 (1996)
Inflation rate (consumer prices):
2.3% (2003 est.)
Labor force:
8.63 million (2003 est.)
Labor force - by occupation:
agriculture 5.9%, mining and quarrying 0.4%, manufacturing 12.6%, construction 5.3%, commerce 26.3%, household work 4.9%, other services 44.6% (2004)
Unemployment rate:
9.7%; widespread underemployment (2003 est.)
Budget:
revenues: $15.86 billion
expenditures: $17.05 billion, including capital expenditures of $1.6 billion (2003 est.)
Public debt:
49.2% of GDP (2003)
Industries:
mining of metals, petroleum, fishing, textiles, clothing, food processing, cement, auto assembly, steel, shipbuilding, metal fabrication
Industrial production growth rate:
2% (2003 est.)
Electricity - production:
20.59 billion kWh (2001)
Electricity - production by source:
fossil fuel: 14.5%
hydro: 84.7%
other: 0.8% (2001)
nuclear: 0%
Electricity - consumption:
19.15 billion kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
95,100 bbl/day (2001 est.)
Oil - consumption:
161,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Oil - proved reserves:
614.7 million bbl (1 January 2002)
Natural gas - production:
370 million cu m (2001 est.)
Natural gas - consumption:
370 million cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
245.1 billion cu m (1 January 2002)
Agriculture - products:
coffee, cotton, sugarcane, rice, wheat, potatoes, corn, plantains, coca; poultry, beef, dairy products, wool; fish
Current account balance:
$-1.116 billion (2003)
Exports:
$8.954 billion f.o.b. (2003 est.)
Exports - commodities:
fish and fish products, gold, copper, zinc, crude petroleum and byproducts, lead, coffee, sugar, cotton
Exports - partners:
US 27.1%, UK 12.4%, China 7.7%, Switzerland 7.6%, Chile 4.7%, Japan 4.4% (2003 est.)
Imports:
$8.244 billion f.o.b. (2003 est.)
Imports - commodities:
machinery, transport equipment, foodstuffs, petroleum, iron and steel, chemicals, pharmaceuticals
Imports - partners:
US 28.6%, Spain 10%, Chile 7.5%, Brazil 5.1%, Colombia 4.5% (2003 est.)
Reserves of foreign exchange & gold:
$10.24 billion (2003)
Debt - external:
$29.95 billion (2003 est.)
Economic aid - recipient:
$895.1 million (1995)
Currency:
nuevo sol (PEN)
Currency code:
PEN
Exchange rates:
nuevo sol per US dollar - 3.4785 (2003), 3.5165 (2002), 3.5068 (2001), 3.49 (2000), 3.3833 (1999)
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