ports such as food and industrial inputs. Peru is the world's leading producer
of coca, from which the drug cocaine is produced.
GDP: $18.9 billion, per capita $880; real growth rate - 12.2% (1989 est.)
Inflation rate (consumer prices): 2,775% (1989)
Unemployment rate: 15.0%; underemployment estimated at 60% (1989)
Budget: revenues $3.2 billion; expenditures $3.7 billion,
including capital expenditures of $796 million (1986)
Exports: $3.55 billion (f.o.b., 1989); commodities--fishmeal,
cotton, sugar, coffee, copper, iron ore, refined silver, lead, zinc, crude
petroleum and byproducts; partners--EC 22%, US 20%, Japan 11%,
Latin America 8%, USSR 4%
Imports: $2.50 billion (f.o.b., 1989); commodities--foodstuffs,
machinery, transport equipment, iron and steel semimanufactures, chemicals,
pharmaceuticals; partners--US 23%, Latin America 16%, EC 12%, Japan 7%,
Switzerland 3%
External debt: $17.7 billion (December 1989)
Industrial production: growth rate - 25.0% (1988 est.)
Electricity: 4,867,000 kW capacity; 15,540 million kWh produced,
725 kWh per capita (1989)
Industries: mining of metals, petroleum, fishing, textiles, clothing,
food processing, cement, auto assembly, steel, shipbuilding, metal fabrication
Agriculture: accounts for 12% of GDP, 37% of labor force; commercial
crops--coffee, cotton, sugarcane; other crops--rice, wheat, potatoes,
plantains, coca; animal products--poultry, red meats, dairy, wool; not
self-sufficient in grain or vegetable oil; fish catch of 4.6 million
metric tons (1987), world's fifth-largest
Illicit drugs: world's largest coca producer and source of supply
for coca paste and cocaine base; about 85% of cultivation is for
illicit production; most of coca base is shipped to Colombian drug
dealers for processing into cocaine for the international drug market
Aid: US commitments, including Ex-Im (FY70-88), $1.6 billion; Western
(non-US) countries, ODA and OOF bilateral commitments (1970-87), $3.7 billion;
Communist countries (1970-88), $577 million
Currency: inti (plural--intis); 1 inti (I/) = 1,000 soles
Exchange rates: intis (I/) per US$1--5,261.40 (December 1989),
128.83 (1988), 16.84 (1987), 13.95 (1986), 10.97 (1985)
Fiscal year: calendar year
- Communications
Railroads: 1,876 km total; 1,576 km 1.435-meter standard gauge, 300 km
0.914-meter gauge
Highways: 56,645 km total; 6,030 km paved, 11,865 km gravel, 14,610 km
improved earth, 24,140 km unimproved e
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