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Peru Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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Population
31,036,656 (July 2017 est.)
GDP (PPP)
$424.4 billion (2017 est.)

GDP growth rate
2.5% (2017 est.)

Slowing from previous years

GDP (PPP) per capita
$13,300 (2017 est.)

Low

Local currency
Nuevo sol (PEN)

Quite stable

Financial stability (Public debt)
25.5% of GDP (2017 est.)

Low to medium

Inflation
2.8% (2017 est.)

Medium and slowing from 2016

Language
Spanish

Corruption perception index (Source: Transparency International)
96/180

High level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT

18%
Corporate Tax

29.5% standard rate 30% on gross income for foreign companies
Duties

Ad valorem customs duty (rates of 0%, 6%, and 11%, as the case may be) plus VAT

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