Peru is a country in South America and one of the world’s fastest growing economies. Peru is classified as upper middle income by the World Bank. 53% of Peruvian gross domestic product (GDP) is from the service industries, 22.3% from manufacturing industry, 15% from extractive industries and 9% from taxes. The country’s macroeconomic stability, trade improvement and growth in investment as well as consumption are fuelled by the success in economic growth.
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