Mining riches and political rifts
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MEDIUM RISK for enterprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
Updated in December 2024.
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Form of state | Constitutional Republic |
Head of government | Dina Boluarte (President) |
Next elections | 2026, presidential and legislative |
Strengths & Weaknesses

- Peru boasts a low public debt-to-GDP, a credible central bank and large foreign reserves, creating a stable foundation for long-term growth.
- High demand for copper, gold and fruits, along with a robust mining sector, sustain export revenues and attract investment.
- Strategic infrastructure projects and steady private investment highlight Peru's long-term economic potential.

- Corruption allegations and weak governance undermine confidence, with succession risks looming over the administration.
- Rising public spending, contingent liabilities and populist measures threaten fiscal discipline.
- Heavy dependence on volatile commodity markets, long-lasting poverty and a vast informal economy hinder sustainable growth.
Economic Overview
Trade Structure by destination/origin
(% of total, 2023)
Trade Structure by product
(% of total, annual 2023)
Contacts
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