The Peruvian economy has made significant progress in its economic performance in recent years, with dynamic rates of GDP growth and low inflation and debt, while maintaining, at the same time, stable exchange rates.
In the period 2000 -2016 , GDP increased in average by 5.1%, reaching a value greater than US$ 190 billion, by YRE2016. In this way, the Peruvian economy accumulated 16 years of consecutive growth, at rates higher than the Latin America region average.
The favorable economic forecast for Peru is based on the boost of private consumption and in announcements for both private and public investment
In addition to this, is the confidence of economic agents, generated from the implementation of a responsible economic policy, which has kept continuity through the succession of governments. According to the International Monetary Fund, Peru is a "rising star", as it is considered as an emerging market, noted for its strong growth and low vulnerability.
For the past fifteen years, the Peruvian economy has exhibited inflation rates in the range of 1.52% to 5.78%, averaging 2.7%, between the years 2000 to 2016.
The leading indicator of Peruvian growth is private investment, it has grown by 6 foldbetween the years 2000and 2013. In the period 2014 - 2016, it
exhibited a slight fall but overall, the indicator shows an upward growth trend.
In 2013, private investment grew to over U.S. $ 40 billion, due to the dynamism of the Peruvian business sector and in this year, foreign investment accounted for 24.6% of private investment (U.S. $ 10,037 billion).
Monetary and fiscal policies of the past fifteen years have allowed Peru to record today one of the lowest debt ratios in Latin America (23.7% of GDP by YRE-2016).
Furthermore, a high level of net international reserves has been maintained, exceeding US$ 60 billion (august 2017).
The Central Reserve Bank of Peru (BCRP) reported a flow of US$ 6 863 million of foreign direct investment for 2016, lower by US$ 1,400 million to the amount obtained in 2015, mainly due to a scenario of low international prices (affecting the reinvestment of profits, principally in mining companies) and slow recovery of domestic demand.
Peru maintains active commercial integration policies with many countries; its long-term strategy is oriented to consolidate markets for Peruvian products,
in order to develop a competitive commercial supply that, in turn, can generate more and better jobs. In this regard, through different integration systems,
Peru has gained access to important markets, an access that is now available to local investors to use on their benefit.
Most commercial agreements entered into by Peru include, in addition to sections covering the access to new markets, other trade regulatory matters, including investment regulations that are oriented to guarantee a stable and predictable environment for foreign investments.
It is important to note that Peru is a founding member of the World Trade Organization (WTO) and a full member of the Asia-Pacific Economic Cooperation Forum (APEC), the latter formed by 21 economies. In the Latin American region, Peru is a member of the Andean Community (Bolivia, Colombia, Ecuador, Peru) and, within the framework of the Latin American Integration Association (ALADI), Peru entered an Economic Complementation Agreement with MERCOSUR.
The Peruvian economy has made significant progress in its economic performance in recent years, with dynamic rates of GDP growth and low inflation and debt.
The real estate market (residential and commercial) has not been absent from the tremendous benefits generated by Peru´s sustained economic growth.