Peru Surprises in a Good Way
Peru is a representative democratic republic divided into 25 regions, with a population of approximately 29.5 million.
The economy is classified as upper middle income by the World Bank and is considered to the 39th largest in the world. However, as of 2011, Peru has one of the world’s fastest-growing economies due to the economic boom of the 2000s. Its main economic activities include agriculture, fishing, mining and manufacturing.
The main spoken language is Spanish, although many Peruvians speak Quechua pr other native languages. This wide mix of cultural traditions are expressed in Peruvian art, cuisine, literature and music.
A Multi-ethnic Country Riding the South American Wave of Growth
With its super high-growth neighbor Brazil to the east and fast-growing Chile to the South, Peru appears to be primed for continued growth and expansion, especially in key segments like real estate.
Services currently account for approximately 53% of the Peruvian GDP, followed by manufacturing at 22.3% and extractive industries (including mining) at 15%. Recent economic growth has been fueled by macroeconomic stability, improved terms of trade, including the free trade agreement with the United States that was signed in April 2006. Its major trade partners include the United States, Brazil, Chile and China.
Bill Hunt has significant experience in South America.
Find out more about the country of Peru from Bill, including:
- What Keller Williams Worldwide is looking for in a potential country partner
- Why the Keller Williams Realty story so unique
- How to start the process of finding out if you might be a good match
For more information, fill out the form below and begin a confidential conversation with Bill Hunt.