Peru – Finance On Earth

Peru: A Stable Latin American Hub

December 7, 2024 by Finance On Earth

VITAL STATISTICS Location: Northwest South America Neighbors: Bolivia, Brazil, Chile, Colombia and Ecuador Capital: Lima Population (2023): 33.8 million Official language: Spanish GDP per capita (2024): $8,320.00 (nominal) Size of GDP (2024): $283.31 billion (nominal) Projected GDP growth: 3% (2024) Inflation: 3.2% (2023) Unemployment rate: 6.8% (2024) Currency: Peruvian soil Investment Promotion Agency: ProInversión (Government … Read more

China’s $1.3 Billion Peru Gamble Redraws Global Trade

December 5, 2024 by Finance On Earth

A new $1.3 billion deep-water megaport in Peru will likely become the latest battleground in a simmering trade conflict between the United States and China. The port of Chancay, with 15 berths, located about 80 kilometers north of Lima on the Peruvian coast, was jointly inaugurated by Peruvian President Dina Boluarte and Chinese President Xi … Read more