The economy of Peru is classified as upper middle income by the World Bank and is the 42nd largest in the world. Peru is, as of 2011, one of the world's fastest-growing economies owing to the economic boom experienced during the 2000's.
Its economy is diversified although the commodity exports is important, the trade and industry are centralized in Lima but the agricultural exports have created development in all the regions. In 2010 Peru's per capita income (PPP) is bordering $10,000. Peru has a high human development index score of 0.723. Poverty has steadily decreased in 18% since 2004, when nearly half the country's population was under the poverty line. 2011 data shows that around 27% of its total population is poor.
Peru currency is Peruvian Nuevo Sol. its worth .36 cents in the U.S. Fruits most in demand are avocados, whose exports totaled $171 million dollars, followed by grapes, mangoes, bananas, tangerines, walnuts, strawberries, oranges, blueberries and passion fruit.Imports are $41.11 billion (2012 est.) & $36.97 billion (2011 est.).
Its economy is diversified although the commodity exports is important, the trade and industry are centralized in Lima but the agricultural exports have created development in all the regions. In 2010 Peru's per capita income (PPP) is bordering $10,000. Peru has a high human development index score of 0.723. Poverty has steadily decreased in 18% since 2004, when nearly half the country's population was under the poverty line. 2011 data shows that around 27% of its total population is poor.
Peru currency is Peruvian Nuevo Sol. its worth .36 cents in the U.S. Fruits most in demand are avocados, whose exports totaled $171 million dollars, followed by grapes, mangoes, bananas, tangerines, walnuts, strawberries, oranges, blueberries and passion fruit.Imports are $41.11 billion (2012 est.) & $36.97 billion (2011 est.).