During 2024, the Peruvian Sun highlighted as the most stable currency in Latin America, according to the Central Reserve Bank of Peru (BCRP). Unlike other currencies in the region, whose depreciation exceeded 10% in some cases, the sun showed a controlled variation. Although it experienced a slight fall of 1.5% compared to the previous year, […]
Tag: Latin America
This country in Latin America has the highest GDP and grew 3.4%: which one is it?
Currently, Brazil stands out as the nation with the Gross Domestic Product (GDP) higher in Latin America, with a growth of 3.4% despite natural disasters. This performance highlights the resilience of its economy, promoted by sectors such as trade and construction. The GDP, which represents the total value of goods and services produced in a […]
Argentina Mercadolibre Eleva commitment to Mexico with record investment in 2025: its plans
MercadoLibre Inc., the Latin American giant of electronic commerce and payments, is redoubled its growth in Mexico with plans to invest a record figure of US $ 3.4 billion in the country this year. The funds, which represent a 38% increase compared to US $ 2.5 billion invested in 2024, will be allocated to development […]
Peru average salary is among the top ten in Latin America: it exceeds Brazil and Colombia
The average salary is an indicator that allows to evaluate the purchasing power of the population, which in turn can point out the economic well -being of the workers. When this salary is below the cost of living, it is evident that a large number of people face serious difficulties in satisfying their basic needs. […]
New green hydrogen megaproject in Peru region approves: more than US $ 11.2 billion will be invested and will be the largest in Latin America
In a key step for the country’s energy industry, the Ministry of Production (Produce) approved the detailed environmental impact study (EIA-D) of the megaproject Green hydrogen production plant – Summer horizon. With an investment of more than US $ 11.2 billion, this initiative will become the largest of its kind in Latin Americaconsolidating Peru as […]
ONP retirees who reside abroad can collect their pension if they are in these countries in Latin America, Asia and Europe
The Pension Standardization Office (ONP) has reported that its retirees have the option of receiving their pension from the foreign. This possibility is due to International agreements Social Security that Peru maintains with several countries, which facilitates access to pension funds for those who reside outside the national territory. The ONP reports that more than […]
They are not Chile or Argentina: these two Latin American countries use the Peruvian sun as a currency
In January 2025, the President Dina Boluarte He participated in the World Economic Forum, held in Davos, Switzerland. During his dissertation, he stressed that two nations of Latin America have increased the use of the Peruvian sun in their commercial exchanges, thus strengthening economic ties with Peru. In addition, Boluarte emphasized that the country has […]
What Latin American countries use the Peruvian sun as a currency? It is not Argentina, nor Chile
The president of Peru, Dina Boluarte, participated in the World Economic Forum in DavosSwitzerland, in January 2025. In his speech, he highlighted the strengthening of the country’s economic relations, noting that two Latin America nations have begun to use the Peruvian sun in its commercial transactions, which contributes to consolidate the presence of the currency […]
Peru will host the most important port event in Latin America in 2025: it seeks to establish key alliances and connections
The Port Network of Peru has been established as an essential pillar for the country’s economic growth. Composed of 60 terminalsboth public and private, which operate in maritime and river fields, this sector has shown constant development. Among the terminals More prominent are Callao, Paita, Paracas, Matarani, Salaverry and Chancay, who play a crucial role […]
ILO: unemployment in Peru and informality far exceeds Latin American countries
Levels of participation and occupational occupation in countries of Latin America They are still lower than those registered in 2012, a sample of stagnation and insufficient creation of employment In the region, the International Labor Organization (ILO) revealed in its recent labor report 2024 of Latin America and the Caribbean. “The panorama is still worrying: […]