Country Snapshot - Peru  

HighlightsRankingsQuantitative DataLegislationAnalytical WorkProject Portfolio
  • Latin America & Caribbean
  • Lower middle income
  • 27,898,182
  • 3450
Peru Flag
Below are select highlights for the data included in the profile.

  1. Peru's country ranking tracks quite closely with the average regional and income group rankings of most indicators.  Peru improved in three of the five rankings and stayed steady in the remaining two.
  2. According to the World Economic Forum's Global Competitiveness Report for 2006-07, the three most problematic factors for doing business are policy instability, inefficient government bureaucracy, and tax regulations.  The top three constraints to firm investment, according to the Enterprise Survey (2006) are similar -- informality (percent of sales reported for tax purposes), tax administration, and economic/policy uncertainty.
  3. Although no capital is required to start a business, Doing Business reports that it takes up to 72 days, which is greater than the average for the region and income group.
  4. Two of the three lowest Doing Business indicators for Peru are associated with employing workers (Rigidity of Employment Index and Difficulty of Firing Index).