{
"Introduction": {
"Background": {
"text": "Ancient Peru was the seat of several prominent Andean civilizations, most notably that of the Incas whose empire was captured by Spanish conquistadors in 1533. Peru declared its independence in 1821, and remaining Spanish forces were defeated in 1824. After a dozen years of military rule, Peru returned to democratic leadership in 1980 but experienced economic problems and the growth of a violent insurgency. President Alberto FUJIMORI's election in 1990 ushered in a decade that saw a dramatic turnaround in the economy and significant progress in curtailing guerrilla activity. Nevertheless, an economic slump and the president's increasing reliance on authoritarian measures in the late 1990s generated mounting dissatisfaction with his regime, which led to his resignation in 2000.
A caretaker government oversaw a new election in 2001 that installed Alejandro TOLEDO Manrique as the new head of government - Peru's first democratically elected president of indigenous ethnicity. The presidential election of 2006 saw the return of Alan GARCIA Perez who, after a disappointing presidential term from 1985 to 1990, presided over a robust economic rebound. Former army officer Ollanta HUMALA Tasso was elected president in 2011 and carried on the market-oriented economic policies of the three preceding administrations. Pedro Pablo KUCZYNSKI Godard won a very narrow runoff in the 2016 presidential election. Facing impeachment after evidence surfaced of his involvement in a vote-buying scandal, KUCZYNSKI offered his resignation in 2018, and First Vice President Martin Alberto VIZCARRA Cornejo was sworn in as president. In 2019, VIZCARRA invoked his constitutional authority to dissolve Peru's Congress after months of battling with the body over anticorruption reforms. New congressional elections in 2020 resulted in an opposition-led legislature. The Congress impeached VIZCARRA for a second time and removed him from office after accusations of corruption and mishandling of the COVID-19 pandemic. Because of vacancies in the vice-presidential positions, the President of the Peruvian Congress, Manuel MERINO, became the next president. His ascension to office was not well received, and large protests forced his resignation later in 2020. Francisco SAGASTI assumed the position of President of Peru after being appointed President of the Congress the previous day. Jose Pedro CASTILLO Terrones won presidential election in 2021 but was impeached and ousted the following year; his vice president, Dina BOLUARTE, assumed the presidency by constitutional succession in 2022."
}
},
"Geography": {
"Location": {
"text": "Western South America, bordering the South Pacific Ocean, between Chile and Ecuador"
},
"Geographic coordinates": {
"text": "10 00 S, 76 00 W"
},
"Map references": {
"text": "South America"
},
"Area": {
"total ": {
"text": "1,285,216 sq km"
},
"land": {
"text": "1,279,996 sq km"
},
"water": {
"text": "5,220 sq km"
}
},
"Area - comparative": {
"text": "almost twice the size of Texas; slightly smaller than Alaska"
},
"Land boundaries": {
"total": {
"text": "7,062 km"
},
"border countries": {
"text": "Bolivia 1,212 km; Brazil 2,659 km; Chile 168 km; Colombia 1,494 km; Ecuador 1,529 km"
}
},
"Coastline": {
"text": "2,414 km"
},
"Maritime claims": {
"territorial sea": {
"text": "200 nm; note: the US does not recognize this claim"
},
"exclusive economic zone": {
"text": "200 nm"
},
"continental shelf": {
"text": "200 nm"
}
},
"Climate": {
"text": "varies from tropical in east to dry desert in west; temperate to frigid in Andes"
},
"Terrain": {
"text": "western coastal plain (costa), high and rugged Andes in center (sierra), eastern lowland jungle of Amazon Basin (selva)"
},
"Elevation": {
"highest point": {
"text": "Nevado Huascaran 6,746 m"
},
"lowest point": {
"text": "Pacific Ocean 0 m"
},
"mean elevation": {
"text": "1,555 m"
}
},
"Natural resources": {
"text": "copper, silver, gold, petroleum, timber, fish, iron ore, coal, phosphate, potash, hydropower, natural gas"
},
"Land use": {
"agricultural land": {
"text": "19.1% (2022 est.)"
},
"agricultural land: arable land": {
"text": "arable land: 3.1% (2022 est.)"
},
"agricultural land: permanent crops": {
"text": "permanent crops: 1.8% (2022 est.)"
},
"agricultural land: permanent pasture": {
"text": "permanent pasture: 14.2% (2022 est.)"
},
"forest": {
"text": "56.2% (2022 est.)"
},
"other": {
"text": "24.7% (2022 est.)"
}
},
"Irrigated land": {
"text": "25,800 sq km (2012)"
},
"Major lakes (area sq km)": {
"fresh water lake(s)": {
"text": "Lago Titicaca (shared with Bolivia) - 8,030 sq km"
}
},
"Major rivers (by length in km)": {
"text": "Amazon river source (shared with Brazil [m]) - 6,400 km
note: [s] after country name indicates river source; [m] after country name indicates river mouth"
},
"Major watersheds (area sq km)": {
"text": "Atlantic Ocean drainage: Amazon (6,145,186 sq km)"
},
"Major aquifers": {
"text": "Amazon Basin"
},
"Population distribution": {
"text": "approximately one third of the population resides along the desert coastal belt in the west, with a strong focus on the capital city of Lima; the Andean highlands, or sierra, contain roughly half of the population; the eastern slopes of the Andes and adjoining rainforest are sparsely populated"
},
"Natural hazards": {
"text": "earthquakes, tsunamis, flooding, landslides, mild volcanic activity
volcanism: volcanic activity in the Andes Mountains; Ubinas (5,672 m) is the country's most active volcano; other historically active volcanoes include El Misti, Huaynaputina, Sabancaya, and Yucamane; see note 2 under \"Geography - note\""
},
"Geography - note": {
"text": "
note 1: shares control of Lago Titicaca, world's highest navigable lake, with Bolivia; a remote slope of Nevado Mismi, a 5,316-m (17,441-ft) peak, is the ultimate source of the Amazon River
note 2: Peru is one of the countries along the Ring of Fire, a belt of active volcanoes and earthquake epicenters bordering the Pacific Ocean; up to 90% of the world's earthquakes and some 75% of the world's volcanoes occur within the Ring of Fire
note 3: on 19 February 1600, Mount Huaynaputina in the southern Peruvian Andes erupted in the largest volcanic explosion in South America in historical times; intermittent eruptions lasted until 5 March 1600 and pumped an estimated 16 to 32 million metric tons of particulates into the atmosphere, reducing the amount of sunlight reaching the earth's surface and affecting weather worldwide; over the next two-and-a-half years, millions died around the globe in famines from bitterly cold winters, cool summers, and the loss of crops and animals
upper-middle-income South American economy; strong post-COVID rebound tempered by political uncertainty and climate risks; exports driven by mineral extraction and agriculture; large informal sector and uneven access to public services; stable fiscal position and financial sector
" }, "Real GDP (purchasing power parity)": { "Real GDP (purchasing power parity) 2023": { "text": "$517.644 billion (2023 est.)" }, "Real GDP (purchasing power parity) 2022": { "text": "$520.507 billion (2022 est.)" }, "Real GDP (purchasing power parity) 2021": { "text": "$506.697 billion (2021 est.)" }, "note": "note: data in 2021 dollars" }, "Real GDP growth rate": { "Real GDP growth rate 2023": { "text": "-0.55% (2023 est.)" }, "Real GDP growth rate 2022": { "text": "2.73% (2022 est.)" }, "Real GDP growth rate 2021": { "text": "13.36% (2021 est.)" }, "note": "note: annual GDP % growth based on constant local currency" }, "Real GDP per capita": { "Real GDP per capita 2023": { "text": "$15,300 (2023 est.)" }, "Real GDP per capita 2022": { "text": "$15,500 (2022 est.)" }, "Real GDP per capita 2021": { "text": "$15,300 (2021 est.)" }, "note": "note: data in 2021 dollars" }, "GDP (official exchange rate)": { "text": "$267.603 billion (2023 est.)", "note": "note: data in current dollars at official exchange rate" }, "Inflation rate (consumer prices)": { "Inflation rate (consumer prices) 2024": { "text": "2% (2024 est.)" }, "Inflation rate (consumer prices) 2023": { "text": "6.5% (2023 est.)" }, "Inflation rate (consumer prices) 2022": { "text": "8.3% (2022 est.)" }, "note": "note: annual % change based on consumer prices" }, "GDP - composition, by sector of origin": { "agriculture": { "text": "7.2% (2023 est.)" }, "industry": { "text": "33.9% (2023 est.)" }, "services": { "text": "51.3% (2023 est.)" }, "note": "note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data" }, "GDP - composition, by end use": { "household consumption": { "text": "64.3% (2023 est.)" }, "government consumption": { "text": "13.7% (2023 est.)" }, "investment in fixed capital": { "text": "21.3% (2023 est.)" }, "investment in inventories": { "text": "-2.4% (2023 est.)" }, "exports of goods and services": { "text": "27.1% (2023 est.)" }, "imports of goods and services": { "text": "-23.8% (2023 est.)" }, "note": "note: figures may not total 100% due to rounding or gaps in data collection" }, "Agricultural products": { "text": "sugarcane, potatoes, rice, bananas, milk, maize, chicken, oil palm fruit, cassava, grapes (2023)", "note": "note: top ten agricultural products based on tonnage" }, "Industries": { "text": "mining and refining of minerals; steel, metal fabrication; petroleum extraction and refining, natural gas and natural gas liquefaction; fishing and fish processing, cement, glass, textiles, clothing, food processing, beer, soft drinks, rubber, machinery, electrical machinery, chemicals, furniture" }, "Industrial production growth rate": { "text": "-1.28% (2023 est.)", "note": "note: annual % change in industrial value added based on constant local currency" }, "Labor force": { "text": "18.918 million (2024 est.)", "note": "note: number of people ages 15 or older who are employed or seeking work" }, "Unemployment rate": { "Unemployment rate 2024": { "text": "4.8% (2024 est.)" }, "Unemployment rate 2023": { "text": "4.9% (2023 est.)" }, "Unemployment rate 2022": { "text": "3.8% (2022 est.)" }, "note": "note: % of labor force seeking employment" }, "Youth unemployment rate (ages 15-24)": { "total": { "text": "8.8% (2024 est.)" }, "male": { "text": "7.9% (2024 est.)" }, "female": { "text": "9.8% (2024 est.)" }, "note": "note: % of labor force ages 15-24 seeking employment" }, "Population below poverty line": { "text": "27.5% (2022 est.)", "note": "note: % of population with income below national poverty line" }, "Gini Index coefficient - distribution of family income": { "Gini Index coefficient - distribution of family income 2022": { "text": "40.3 (2022 est.)" }, "note": "note: index (0-100) of income distribution; higher values represent greater inequality" }, "Average household expenditures": { "on food": { "text": "26.9% of household expenditures (2023 est.)" }, "on alcohol and tobacco": { "text": "2.5% of household expenditures (2023 est.)" } }, "Household income or consumption by percentage share": { "lowest 10%": { "text": "2.1% (2022 est.)" }, "highest 10%": { "text": "30.7% (2022 est.)" }, "note": "note: % share of income accruing to lowest and highest 10% of population" }, "Remittances": { "Remittances 2023": { "text": "1.66% of GDP (2023 est.)" }, "Remittances 2022": { "text": "1.5% of GDP (2022 est.)" }, "Remittances 2021": { "text": "1.59% of GDP (2021 est.)" }, "note": "note: personal transfers and compensation between resident and non-resident individuals/households/entities" }, "Budget": { "revenues": { "text": "$48.008 billion (2021 est.)" }, "expenditures": { "text": "$51.709 billion (2021 est.)" }, "note": "note: central government revenues (excluding grants) and expenses converted to US dollars at average official exchange rate for year indicated" }, "Public debt": { "Public debt 2021": { "text": "35.2% of GDP (2021 est.)" }, "note": "note: central government debt as a % of GDP" }, "Taxes and other revenues": { "text": "15.9% (of GDP) (2021 est.)", "note": "note: central government tax revenue as a % of GDP" }, "Current account balance": { "Current account balance 2023": { "text": "$2.219 billion (2023 est.)" }, "Current account balance 2022": { "text": "-$9.743 billion (2022 est.)" }, "Current account balance 2021": { "text": "-$4.674 billion (2021 est.)" }, "note": "note: balance of payments - net trade and primary/secondary income in current dollars" }, "Exports": { "Exports 2023": { "text": "$73.326 billion (2023 est.)" }, "Exports 2022": { "text": "$71.129 billion (2022 est.)" }, "Exports 2021": { "text": "$66.061 billion (2021 est.)" }, "note": "note: balance of payments - exports of goods and services in current dollars" }, "Exports - partners": { "text": "China 34%, USA 14%, Canada 5%, India 4%, Switzerland 4% (2023)", "note": "note: top five export partners based on percentage share of exports" }, "Exports - commodities": { "text": "copper ore, gold, refined copper, refined petroleum, grapes (2023)", "note": "note: top five export commodities based on value in dollars" }, "Imports": { "Imports 2023": { "text": "$62.99 billion (2023 est.)" }, "Imports 2022": { "text": "$69.44 billion (2022 est.)" }, "Imports 2021": { "text": "$58.509 billion (2021 est.)" }, "note": "note: balance of payments - imports of goods and services in current dollars" }, "Imports - partners": { "text": "China 26%, USA 21%, Brazil 7%, Argentina 5%, Mexico 3% (2023)", "note": "note: top five import partners based on percentage share of imports" }, "Imports - commodities": { "text": "refined petroleum, crude petroleum, cars, trucks, broadcasting equipment (2023)", "note": "note: top five import commodities based on value in dollars" }, "Reserves of foreign exchange and gold": { "Reserves of foreign exchange and gold 2024": { "text": "$76.338 billion (2024 est.)" }, "Reserves of foreign exchange and gold 2023": { "text": "$71.394 billion (2023 est.)" }, "Reserves of foreign exchange and gold 2022": { "text": "$72.328 billion (2022 est.)" }, "note": "note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars" }, "Debt - external": { "Debt - external 2023": { "text": "$38.102 billion (2023 est.)" }, "note": "note: present value of external debt in current US dollars" }, "Exchange rates": { "Currency": { "text": "nuevo sol (PEN) per US dollar -" }, "Exchange rates 2023": { "text": "3.744 (2023 est.)" }, "Exchange rates 2022": { "text": "3.835 (2022 est.)" }, "Exchange rates 2021": { "text": "3.881 (2021 est.)" }, "Exchange rates 2020": { "text": "3.495 (2020 est.)" }, "Exchange rates 2019": { "text": "3.337 (2019 est.)" } } }, "Energy": { "Electricity access": { "electrification - total population": { "text": "96.2% (2022 est.)" }, "electrification - urban areas": { "text": "99%" }, "electrification - rural areas": { "text": "85.1%" } }, "Electricity": { "installed generating capacity": { "text": "16.164 million kW (2023 est.)" }, "consumption": { "text": "53.3 billion kWh (2023 est.)" }, "imports": { "text": "47.696 million kWh (2023 est.)" }, "transmission/distribution losses": { "text": "6.638 billion kWh (2023 est.)" } }, "Electricity generation sources": { "fossil fuels": { "text": "44.8% of total installed capacity (2023 est.)" }, "solar": { "text": "1.4% of total installed capacity (2023 est.)" }, "wind": { "text": "3.2% of total installed capacity (2023 est.)" }, "hydroelectricity": { "text": "49.6% of total installed capacity (2023 est.)" }, "biomass and waste": { "text": "1% of total installed capacity (2023 est.)" } }, "Coal": { "production": { "text": "1.382 million metric tons (2023 est.)" }, "consumption": { "text": "973,000 metric tons (2023 est.)" }, "exports": { "text": "1.261 million metric tons (2023 est.)" }, "imports": { "text": "446,000 metric tons (2023 est.)" }, "proven reserves": { "text": "1.567 billion metric tons (2023 est.)" } }, "Petroleum": { "total petroleum production": { "text": "118,000 bbl/day (2023 est.)" }, "refined petroleum consumption": { "text": "255,000 bbl/day (2023 est.)" }, "crude oil estimated reserves": { "text": "858.89 million barrels (2021 est.)" } }, "Natural gas": { "production": { "text": "14.647 billion cubic meters (2023 est.)" }, "consumption": { "text": "9.675 billion cubic meters (2023 est.)" }, "exports": { "text": "4.883 billion cubic meters (2023 est.)" }, "proven reserves": { "text": "300.159 billion cubic meters (2021 est.)" } }, "Carbon dioxide emissions": { "total emissions": { "text": "58.903 million metric tonnes of CO2 (2023 est.)" }, "from coal and metallurgical coke": { "text": "2.177 million metric tonnes of CO2 (2023 est.)" }, "from petroleum and other liquids": { "text": "34.863 million metric tonnes of CO2 (2023 est.)" }, "from consumed natural gas": { "text": "21.863 million metric tonnes of CO2 (2023 est.)" } }, "Energy consumption per capita": { "Total energy consumption per capita 2023": { "text": "30.923 million Btu/person (2023 est.)" } } }, "Communications": { "Telephones - fixed lines": { "total subscriptions": { "text": "1.504 million (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "4 (2023 est.)" } }, "Telephones - mobile cellular": { "total subscriptions": { "text": "41.3 million (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "122 (2022 est.)" } }, "Broadcast media": { "text": "10 major TV networks of which only one, Television Nacional de Peru, is state owned; multi-channel cable TV services are available; in excess of 5,000 radio stations including a substantial number of local-language stations (2021)" }, "Internet country code": { "text": ".pe" }, "Internet users": { "percent of population": { "text": "80% (2023 est.)" } }, "Broadband - fixed subscriptions": { "total": { "text": "3.53 million (2023 est.)" }, "subscriptions per 100 inhabitants": { "text": "10 (2023 est.)" } } }, "Transportation": { "Civil aircraft registration country code prefix": { "text": "OB" }, "Airports": { "text": "174 (2025)" }, "Heliports": { "text": "7 (2025)" }, "Railways": { "total": { "text": "1,854.4 km (2017)" }, "standard gauge": { "text": "1,730.4 km (2014) 1.435-m gauge (34 km electrified)" }, "narrow gauge": { "text": "124 km (2014) 0.914-m gauge" } }, "Merchant marine": { "total": { "text": "111 (2023)" }, "by type": { "text": "general cargo 1, oil tanker 9, other 101" } }, "Ports": { "total ports": { "text": "20 (2024)" }, "large": { "text": "0" }, "medium": { "text": "1" }, "small": { "text": "3" }, "very small": { "text": "16" }, "ports with oil terminals": { "text": "16" }, "key ports": { "text": "Bahia de Matarani, Iquitos, Puerto del Callao, Talara" } } }, "Military and Security": { "Military and security forces": { "text": "Armed Forces of Peru (Fuerzas Armadas del Perú or FAP): Peruvian Army (Ejercito del Peru), Peruvian Navy (Marina de Guerra del Peru, MGP, includes naval infantry and General Directorate of Captaincies and Coast Guards, DICAPI), Air Force of Peru (Fuerza Aerea del Peru, FAP)