Tag Archives: Peru

According to allcountrylist, the economy of Peru is mainly driven by the services sector, which accounts for around 57% of the country’s GDP. This sector includes banking and finance, shipping, tourism and other related activities. The manufacturing sector is also an important contributor to the economy, accounting for around 23%. This sector includes food processing and light manufacturing such as furniture and clothing. Agriculture is another important economic activity in Peru and it contributes around 11% to total GDP. This sector produces crops such as maize, potatoes, rice and coffee as well as livestock products such as beef and dairy products. Fishing is also an important source of income for many people in Peru as it provides seafood products to both local and international markets. The mining sector has seen some growth in recent years due to increased investment from foreign sources. This industry is mainly focused on extracting minerals such as copper, zinc, silver and gold from the country’s rich deposits. In addition to these sectors, Peru has also been making efforts towards diversifying its economy through the development of special economic zones (SEZ) which are designed to attract foreign investment into the country. These zones offer attractive incentives such as tax exemptions and preferential access to capital markets for businesses operating within them. This has helped attract investments from both domestic and international sources which have led to further economic growth in Peru. The government is also focusing on developing infrastructure projects such as roads, ports, airports and power plants in order to further improve connectivity between different regions of the country. The history of agriculture in Peru dates back to the early colonial period, when Spanish settlers began cultivating crops such as maize, potatoes, and quinoa. As the population grew, so did the diversity of crops, with cotton, tobacco and sugarcane being introduced in the late 17th century. The 19th century saw a dramatic increase in agricultural production as new technologies were introduced and more land was opened up for cultivation. Today, Peru is one of the leading agricultural producers in South America and is home to some of the most productive farms on the continent. Agriculture accounts for around 15% of Peru’s GDP and employs nearly a quarter of its population. The country is particularly renowned for its production of coffee and cocoa beans which are exported around the world. Other important crops grown in Peru include rice, corn, wheat, cotton and sugarcane. In recent years there has been a significant increase in organic farming practices as well as increased investment into research related to sustainable agriculture methods. The livestock sector is also significant and contributes significantly to both national income and employment levels. To improve productivity levels within this sector farmers have been provided with access to improved genetics as well as training on modern farming methods. See smber for Peru Agriculture and Fishing.