Chamber of Commerce Country Factsheet Last update: 10.01.2018
Your advisors at the Chamber of Commerce
- Violaine Mathurin+352423939481
- Thomas Bertrand+352423939337
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. Peruvian independence was declared 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, the president's increasing reliance on authoritarian measures and an economic slump 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 the spring of 2001, which 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, oversaw a robust economic rebound. In June 2011, former army officer Ollanta HUMALA Tasso was elected president; he has carried on the sound, market-oriented economic policies of the three preceding administrations.
Source: The CIA World Factbook - Peru
Subject descriptor 2014 2015 2016 2017 2018 Gross domestic product, constant prices 2.390 3.280 3.749 4.116 3.578 Gross domestic product, current prices 202.841 192.113 180.291 192.619 204.857 Gross domestic product per capita, current prices 6,583.793 6,167.740 5,726.933 6,051.941 6,368.323 Inflation, average consumer prices 3.246 3.548 3.557 2.502 2.510 Volume of imports of goods and services -1.619 0.329 1.105 2.039 3.208 Volume of exports of goods and services -0.968 1.796 6.025 5.033 4.348 Unemployment rate 6.000 6.000 6.000 6.000 6.000 Current account balance -8.195 -8.374 -6.801 -6.057 -5.516 Current account balance -4.040 -4.359 -3.772 -3.145 -2.692
Source: IMF Statistics
Luxembourg and the country
Existing conventions and agreements
Non double taxation agreement
In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.
Air Services agreement
The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.
You can see the statistics on the website of the Statec.
Contact points in Peru
Luxembourg is represented by the the Royal Embassy of the Netherlands situated in Lima.
Economic and Commercial Attaché (FIT)
Representación Económica de Flandesc/o Embajada de Bélgica
Avenida Angamos Oeste, 380 Miraflores
Tel: +51 1 241 75 66
Honorary Consul with jurisdiction in Peru:
Mr. Ivan DIBOS
Avenida Aurelio Miro Quesada 164
3 piso Lima, Peru 27
Tel: +51 1 4452596/+51 1 994 0400003
Fax: +51 1221 7275
Country risk as defined by Office du Ducroire for Peru
Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.
Other Useful Links
- CIA World Factbook on Peru
- Peru promotion agency
- ELAN biz: European and Latin American Business services
- ELAN Network: European and Latin American Technology based Business network
- The Latin America IPR SME Helpdesk
- Chambre de Commerce et de Tourisme du Pérou au Luxembourg
- Le Pérou sur le site de l'Awex
- Chambre de Commerce franco-péruvienne
- Doing Business in Peru
- Das ist Peru
The Chamber of Commerce and the country
- 21.10.2013 - 27.10.2013