Peru+-+Economies

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=** Currency **=

The nuevo sol is the currency of Peru. It is subdivided into 100 cents, called céntimos in Spanish. There are 1, 5, 10, 20, and 50 céntimos. There are 1 and 2 nuevo soles.



Banknotes of 10, 20, 50, and 100 were introduced in 1990. Each banknote features a portrait of a well-known historical Peruvian. (Peruvian Nuevo Sol)



=** Gross National Product **=

GDP (Gross Domestic Product), 2002 - **52.8 billion dollars** GDP per capita, 2002 - **1,960 dollars** GNP (Gross National Product), 2005 - **73.05 dollars** GNP per capita, 2005 - **2,612 dollars** GNP Rank - **53** (United States ranks number 1 with 12,970 dollars; Azerbaijan ranks number 100 with 10.4 billion dollars) (Students of the World) (Source - Students of the World)

=** Average Income **=

The average income for both men and women in Peru is 1,060 soles, which is about $375 in American money. Men's average income is significantly higher than women's. Men generally make 1239 nuevo sols a month (or $438) while women only make 829 a month (or $293). (Living in Peru)

=** Other information **=

Major exports include copper (23%), fish products, (15%), agricultural products (11%), zinc (10%), gold (6%) and petroleum products (6%). Peru's major trading partners are the United States and Japan. (Language Crossing) The labor force is estimated to be 7.6 million (figure given in 1996) and the major occupations include agriculture, mining and quarrying, construction, transport and services. The unemployment rate is 8.2% (1996) (World 66)