Peru Economy - 1986

GEOGRAPHICAL NAMES 

GNP; $17 billion (I984\ $980 per capita (1984); 72% private consumption, 15% public consumption, 13% gross investment; 1% net foreign balance (1983); real growth rate (1985), 2.5%

Natural resources: minerals, metals, petroleum, forests, fish

Agriculture: main crops—wheat, potatoes, beans, rice, barley, coffee, cotton, sugarcane; imports—wheat, meat, lard and oils, rice, corn; an illegal producer of coca for the in-ternaticnai drug trade

Fishing: catch 1.450 million metric tons (1983); exports—oil, other products, $137 million (1984); meal, $202 million (1982)

Major industries: mining of metals, petroleum, fishing, textiles and clothing, food processing, cement, auto assembly, steel, shipbuilding, metal fabrication

Electric power: 3,720,000 kW capacity (1985); 13.1 billion kWh produced (1985), 671 kWh per capita

Exports- $3.3 billion (f.o.b., 1984); fishmeal, cotton, sugar, coffee copper, iron ore, gold, refined silver, lead, zinc, crude petroleum and byproducts

Imports: $2.6 billion (f.o.b., 1984); foodstuffs, machinery, transport equipment, iron and steel semimanufactures, chemicals, pharmaceuticals

Major trade partners: exports—38% US, 20% EC, 11 % Japan, 9% I .atin America, 4% UK (1984); imports—29% US, 22% EC, 17% Latin America, 7% Japan. 5% FRG (1984)

Budget: 1984—revenues, $2.7 billion; expenditures $3.6 billion

Monetary conversion rate. 13,943 soles= US$1 (November 1985); new currency, the inti, has been in circulation since January 1986,1 inti=l,000 soles (January 1986)

Fiscal year: calendar year

NOTE: The information regarding Peru on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Peru 1986 information contained here. All suggestions for corrections of any errors about Peru 1986 should be addressed to the CIA or the source cited on each page.