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Browse Profiles > Peru > Business Indicators |
| Score | Rank | |
| Standards Compliance Index | 35.83 out of 100 | 53 |
| Business Indicator Index | 8.82 out of 12 | 39 |
Peru| Business Indicators |  |
With an overall score of 8.8/12, Peru is progressing toward standard on the economic, legal, and political indicators that make up our Business Index. Peru has a market-based private sector driven economy, in which total government expenditure, including consumption and transfer payments, is low. Government spending equaled 16.9 percent of GDP, and 3.5 percent of government revenues came from state-owned enterprises and government ownership of property. Peru provides national treatment to foreign investors and allows for foreign investment in nearly all sectors. There are restrictions and ownership requirements in some sectors, however. To encourage investment, Peru offers incentives to both foreign and domestic investors. Laws protecting property rights are in place, but enforcement is unpredictable and it is difficult to enforce contracts. Corruption is perceived to be high, as indicated by Peru's score of 3.5 out of a possible 10, but it is considered manageable in a global context. This is reflected in Peru's ranking of 72nd out of 182 countries in Transparency International's 2007 Corruption Perceptions Index.
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Business Indicators |
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