Peru's Business and Investment Guide 2022

Peru's Business and Investment Guide 2022 is a tool for foreign and national investors, providing key information on the country's current situation.

Peru is considered one of the world's leading emerging markets, with a solid recent history of economic stability based on an average annual growth over this millennium until December 2021 of 4.4% of its Gross Domestic Product (GDP). Additionally, a policy of being open to the international market through multiple commercial agreements complements legislation that is favorable to private domestic and foreign investment.  

Peru is one of the most important countries in Latin America. Its diverse characteristics include a variety of climates, a vast territorial expanse, significant natural resources, people with great skills and high academic standards, and a solid economic and industrial background. 

Challenges to achieve sustained growth 

The recognition of Peru's solid economy is based on low inflation (at the close of 2020, it is 25 consecutive years of single digit inflation), international reserves equivalent to 30.5% of GDP, a controlled fiscal deficit (an average of 3.7% of GDP over the past five years, and an estimated 1.9% at the close of 2022), and public debt that is estimated to not exceed 35% of GDP at the close of 2020, well below the average of the rest of emerging countries in the world (65.0%) and in the region (72.0%). Additionally, 2022 closes with an estimated trade surplus of more than USD13.4 billion. 

Thanks to Peru's macroeconomic solidity, it was able to mount the most robust response to COVID-19 in the region, with fiscal measures equivalent to 20% of its GDP. These steps allowed it to achieve a rapid GDP recovery of 13.3% in 2021, and an estimated growth of 3.1% in 2022, according to forecasts by the Central Reserve Bank of Peru (BCRP) and the Ministry of Economy and Finance. These forecasts are way above the average for the region (2.5%).

Click here if you want to read and download this guide in Spanish: Guía de Negocios e Inversión en el Perú 2022