Economic history of Peru

Historic real GDP per capita in Peru

The industries of the economy of Peru arose in response to the country's rich natural resources. During the regime of the Inca Empire, the economy was centrally planned, and labour was mandatory. Spanish explorers held the Incan system in much regard.[1]

Today, Peru has important mineral resources, which are found throughout its mountainous and coastal regions. The country is the world's second-largest producer of silver and copper.[2] From 2016 to 2017, mining output increased, helping Peru attain one of the highest GDP growth rates in Latin America.[3] Peru's prominent industries include mining, farming, fishing, and agriculture.[1]

  1. ^ a b "Economy of the Inca Empire | Discover Peru". Retrieved 2 August 2019.
  2. ^ LR, Redacción (30 May 2019). "Perú es el segundo mayor productor mundial de cobre, plata y zinc". larepublica.pe (in Spanish). Retrieved 14 August 2019.
  3. ^ "Field Listing :: Economy – overview — The World Factbook – Central Intelligence Agency". www.cia.gov. Archived from the original on January 9, 2019. Retrieved 31 July 2019.

Economic history of Peru

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