Peru

Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.

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The mining, agriculture and financial services sectors are essential pillars of GDP, and are fundamental to Peru's socio-economic development and exports.

The economic fallout of the Covid-19 pandemic has led to the establishment of a number of debt-relief and financing options for cash-strapped countries. But just how many emerging markets have benefitted from these initiatives?

The economic value of new digital technologies is pushing key Peruvian sectors to implement a range of digital strategies and investments to increase operational efficiency and transform their relationships with customers and clients.

As Latin America continues its economic recovery from Covid-19, countries in the region are increasingly looking towards the circular economy as a platform for sustainable future growth.

As the global Covid-19 vaccine rollout continues, Latin American governments have seen their own vaccination strategies meet with varying levels of success.

Covid-19 has had a significant impact on the Latin American residential real estate market, with the economic slowdown and increased investor uncertainty serving to dampen growth in the short term. Nevertheless, the pandemic has stimulated demand for both rental properties and accommodation with outdoor space, while also accelerating the digitalisation of the industry and boosting competition among mortgage lenders.

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