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).

View Comparison Chart

#	Indicator	Source	Rank			Scale	Score						Trend over past year1
			2008	2007	2006		2008	2007	2006	2005	2004	2003
1	Business Environment Index	EIU - Global Outlook Report		56 (82)	55 (82)	1-10		5.8	5.7	5.6	5.4	5.7
2	Control of Corruption Indicator	World Bank Group	101 (201)	105 (201)	118 (200)	-2.5-2.5	-0.4	-0.4	-0.5	-0.4	-0.2	-0.3
3	Country Credit Rating	Institutional Investor	63 (174)	64 (174)	67 (173)	0-100	57.7	53.9	50.5	44.9	42.4	36.3
4	Index of Economic Freedom	The Heritage Foundation and the Wall Street Journal	55 (157)	62 (157)	71 (157)	0-100	63.5	62.5	60.3	61.1	64.7	64.6
5	Political Risk Rating (ICRG)	PRS Group	81 (140)	83 (140)	88 (140)	0-100	63.5	63.0	63.0	64.0	62.5	61.5
6	Doing Business Ranking	World Bank Group	62 (181)	53 (181)		1-1812
7	Quality of National Business Environment Ranking	World Economic Forum - Global Competitiveness Report		82 (127)	78 (111)	1-1272

View business legislation in the Doing Business Law Library.

View reports on the business environment produced by the World Bank Group within the last five years.

View projects associated with the World Bank Group's Finance and Private Sector Development unit. View brief summaries of the private sector strategy as stated in the most recent Country Assistance Strategy (CAS) document.

Peru Country Assistance Strategy (CAS) PSD focus:
(December 2006)

The IBRD will accompany the government’s priorities in financial and private sector development through a series of programmatic Fiscal Management and Competitiveness DPLs that will have among its objectives to:
(i) foster formality and MSME growth
(ii) increase the resiliency and depth of the banking system
(iii) promote longer term local currency investment and savings vehicles.

IFC has developed a strategy which is integrated with the program o f the IBRD and that supports the development path outlined above by the new government. This strategy will be implemented by focusing our activities on:
(i) tackling Peru’s high informality.
(ii) address bottlenecks to provision of basic services and physical infrastructure.
(iii) investing in industries with strong competitive advantages such as agribusiness, and tourism.
(iv) expanding growth to new beneficiaries.
(v) supporting environmentally and socially sustainable growth.