Population
31,488,625 (2016 estimate)

Gross Domestic Product
$479.814 billion (2017 estimate)

Inflation Rate
1.36% (December 2017)

Currency
Peruvian Sol (PEN)

Calling Country Code
+51

Time Zone
UTC – 5:00

Lima (Capital)

Peru, officially the Republic of Peru (República del Perú), is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the west by the Pacific Ocean. Peru is an extremely biodiverse country with habitats ranging from the arid plains of the Pacific coastal region in the west to the peaks of the Andes mountains vertically extending from the north to the southeast of the country to the tropical Amazon Basin rainforest in the east with the Amazon river.

Peru is a representative democratic republic divided into 25 regions. While it is a developing country there is an upper middle income level, but with a poverty rate around 19 percent. It is one of the region’s most prosperous economies with an average growth rate of 5.9% and it has one of the world’s fastest industrial growth rates at an average of 9.6%. Its main economic activities include mining, manufacturing, agriculture and fishing. The country forms part of The Pacific Pumas, a political and economic grouping of countries along Latin America’s Pacific coast that share common trends of positive growth, stable macroeconomic foundations, improved governance and an openness to global integration. Peru ranks high in social freedom; it is an active member of the Asia-Pacific Economic Cooperation, UNASUR, the Pacific Alliance and the World Trade Organization.