Editing Economy of Peru (section)

===Outlook===
{{Update|section|date=October 2011}}

The virtues of today's new multi-polar world for Peru are many. At 30 million people, Peru is neither too small to matter nor so big it is going to be a power in its own right. Midsized states, benefits from a world where it is no longer mandatory to pick a big-power patron.

With expanding ports loading up boats to China on one side, and a new superhighway to Brazil on the other, along with a free trade agreement with the United States in its hip pocket, Peru seems well-positioned to prosper in the coming years. But former President Toledo may not be hyperbolic when he worries the future stability of the state may depend on its willingness to distribute wealth more evenly.

Forecasts for the medium- and long-term remain highly positive. Peru's real GDP growth in 2007 was (8.3%) and [[Latin America#Economy|largest in Latin America]] in 2008 was an outstanding 9.8%, the highest in the world.<ref>{{cite news| url=https://www.reuters.com/article/marketsNews/idUSN1651763820090216 | work=Reuters | title=UPDATE 2-Peru's GDP surges 9.84 pct in 2008, slips in December | date=16 February 2009}}</ref> Inflation remained low, at about 3%, while the budget surplus is expected to remain at about 1% of GDP.{{Citation needed|date=April 2008}} Private investment should keep growing at a rate of 15% a year.{{Citation needed|date=April 2008}} Exports and imports are expected to keep rising.{{Citation needed|date=April 2008}} The unemployment and underemployment indexes (5.2% and 34%, respectively, in Lima) should keep coming down as the economy grows{{Citation needed|date=April 2013}}, other cities in Peru like Cajamarca, Ica, Cuzco and Trujillo are starting to show less unemployment nowadays.{{Citation needed|date=April 2013}} The country is likely to attract future domestic and foreign investment in tourism, agriculture, mining, petroleum and natural gas, power industries and financial institutions.
According to the IMF and the World Bank, Peruvian GDP economic growth between 2007 and 2013 was:

In 2007 at 8.9%, in 2008 at 9.7%, in 2009 at 0.9%, in 2010 at 8.6%, in 2011 at 6.0%, in 2012 at 6,3% and in 2013 at 5.3%.

Therefore, Peruvian GDP grew in the 2007–2013 6 years period an outstanding net growth of 45.7% or a 7.61% yearly average. The IMF forecast for Peru's economic growth for the next 6 years 2013–2019 is a 7% yearly growth.

In FY 2011 for the first time since 1991 the size of the Peruvian economy surpassed the Chilean economy. Peru now is the fifth major economy in South America and is expected to become the fourth South American economy in 2018 by surpassing Venezuela.

Private investment reached 25% of the GDP in 2007, and has remained stable through 2010; and inflation is under control at an average 2% per year for the next 5 years. International Debt will reach 25% of the GDP by 2010, down from 35% in 2006, and will be only 12% of the GDP by 2015.{{Citation needed|date=April 2008}} The International Monetary Reserves of the National Reserve Bank (Dollar, Euro, Yen, Gold, and other currencies) reached US$27&nbsp;billion by the end of 2007, and US$31&nbsp;billion at the end of 2008.
Currently reserves are at a US$73&nbsp;billion level for end of FY 2013, which more than doubles the total foreign debt of Peru which is US$30&nbsp;billion at the end of FY 2013.

Exports are growing at a pace of 25% and reached US$28&nbsp;billion at the end of 2007 and US$30&nbsp;billion at the end of 2010. In FY 2012 Peruvian exports reached a total of US$46&nbsp;billion.

High technological investment is growing fast in Peru, and will be 10% of the GDP by 2010.{{Citation needed|date=April 2008}}