Keyword Analysis & Research: economic growth rate of peru


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What type of economic system does Peru have?

The Peruvian economy is classified as upper middle income by the World Bank. Peru has among other smaller sectors rich deposits of natural resources, huge agricultural potential, good fishing grounds, a traditional textile industry and enormous tourism capacities.

What is the economy in Peru?

Peruvian Economy. Peru is a developing country, situated in western part of South America encircled by Ecuador, Colombia, Brazil, Bolivia and Chile.The economy of Peru is largely dependent on agriculture, fishing, mining, and manufacturing of products like textiles.

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