School life expectancy (primary to tertiary education):
total: 12 years male: 12 years female: 12 years (2005)
Education expenditures:
4% of GDP (2004)
GovernmentParaguay
Country name:
conventional long form: Republic of Paraguay conventional short form: Paraguay local long form: Republica del Paraguay local short form: Paraguay
Government type:
constitutional republic
Capital:
name: Asuncion geographic coordinates: 25 16 S, 57 40 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Administrative divisions:
17 departments (departamentos, singular - departamento) and 1 capital city*; Alto Paraguay, Alto Parana, Amambay, Asuncion*, Boqueron, Caaguazu, Caazapa, Canindeyu, Central, Concepcion, Cordillera, Guaira, Itapua, Misiones, Neembucu, Paraguari, Presidente Hayes, San Pedro
Independence:
14 May 1811 (from Spain)
National holiday:
Independence Day, 14 May 1811 (observed 15 May)
Constitution:
promulgated 20 June 1992
Legal system:
based on Argentine codes, Roman law, and French codes; judicial review of legislative acts in Supreme Court of Justice; accepts compulsory ICJ jurisdiction
Suffrage:
18 years of age; universal and compulsory up to age 75
Executive branch:
chief of state: President Fernando Armindo LUGO Mendez (since 15 August 2008); Vice President Federico FRANCO (since 15 August 2008); note - the president is both the chief of state and head of government head of government: President Fernando Armindo LUGO Mendez (since 15 August 2008); Vice President Federico FRANCO (since 15 August 2008) cabinet: Council of Ministers appointed by the president elections: president and vice president elected on the same ticket by popular vote for a single five-year term; election last held 20 April 2008 (next to be held April 2013) election results: Fernando Armindo LUGO Mendez elected president; percent of vote - Fernando Armindo LUGO Mendez 40.8%, Blanca OVELAR 30.6%, Lino OVIEDO 21.9%, Pedro FADUL 2.4%, other 4.3%
Legislative branch:
bicameral Congress or Congreso consists of the Chamber of Senators or Camara de Senadores (45 seats; members are elected by popular vote to serve five-year terms) and the Chamber of Deputies or Camara de Diputados (80 seats; members are elected by popular vote to serve five-year terms) elections: Chamber of Senators - last held 20 April 2008 (next to be held in April 2013); Chamber of Deputies - last held 20 April 2008 (next to be held in April 2013) election results: Chamber of Senators - percent of vote by party - NA; seats by party - ANR 15, PLRA 14, UNACE 9, PPQ 4, other 3; Chamber of Deputies - percent of vote by party - NA; seats by party - ANR 30, PLRA 27, UNACE 15, PPQ 3, APC 2, other 3
Judicial branch:
Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed on the proposal of the Council of Magistrates or Consejo de la Magistratura)
Political parties and leaders:
Alianza Patriotica por el Cambio (Patriotic Alliance for Change) orAPC [Fernando LUGO]; Asociacion Nacional Republicana - ColoradoParty or ANR [Jose Alberto ALDERETE]; Movimiento Union Nacional deCiudadanos Eticos or UNACE [Enrique GONZALEZ Quintana]; PatriaQuerida (Beloved Fatherland Party) or PPQ [Pedro Nicolas Maraa FADULNiella]; Partido del Movimiento al Socialismo or P-MAS; PartidoEncuentro Nacional or PEN [Emilio CAMACHO Paredes]; Partido LiberalRadical Autentico or PLRA [Blas LLANO]; Partido Pais Solidario orPPS [Carlos Alberto FILIZZOLA Pallares]
Political pressure groups and leaders:
Ahorristas Estafados or AE; National Coordinating Board of CampesinoOrganizations or MCNOC [Luis AGUAYO]; National Federation ofCampesinos or FNC [Odilon ESPINOLA]; National Workers Central or CNT[Secretary General Juan TORRALES]; Paraguayan Workers Confederationor CPT; Roman Catholic Church; Unitary Workers Central or CUT [JorgeGuzman ALVARENGA Malgarejo]
International organization participation:
CAN (associate), FAO, G-77, IADB, IAEA, IBRD, ICAO, ICCt, ICRM, IDA,IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO(correspondent), ITSO, ITU, ITUC, LAES, LAIA, Mercosur, MIGA,MINURSO, MINUSTAH, MONUC, NAM (observer), OAS, OPANAL, OPCW, PCA,RG, UN, UNASUR, UNCTAD, UNESCO, UNIDO, Union Latina, UNMIL, UNMIS,UNOCI, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador James SPALDING Hellmers chancery: 2400 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 483-6960 through 6962 FAX: [1] (202) 234-4508 consulate(s) general: Los Angeles, Miami, New York
Diplomatic representation from the US:
Ambassador Liliana AYALDE embassy: 1776 Avenida Mariscal Lopez, Casilla Postal 402, Asuncion mailing address: Unit 4711, APO AA 34036-0001 telephone: [595] (21) 213-715 FAX: [595] (21) 228-603
Flag description:
three equal, horizontal bands of red (top), white, and blue with an emblem centered in the white band; unusual flag in that the emblem is different on each side; the obverse (hoist side at the left) bears the national coat of arms (a yellow five-pointed star within a green wreath capped by the words REPUBLICA DEL PARAGUAY, all within two circles); the reverse (hoist side at the right) bears the seal of the treasury (a yellow lion below a red Cap of Liberty and the words Paz y Justicia (Peace and Justice) capped by the words REPUBLICA DEL PARAGUAY, all within two circles)
EconomyParaguay
Economy - overview:
Landlocked Paraguay has a market economy marked by a large informal sector. This sector features both reexport of imported consumer goods to neighboring countries, as well as the activities of thousands of microenterprises and urban street vendors. Because of the importance of the informal sector, accurate economic measures are difficult to obtain. A large percentage of the population, especially in rural areas, derives its living from agricultural activity, often on a subsistence basis. On a per capita basis, real income has stagnated at 1980 levels. Most observers attribute Paraguay's poor economic performance to political uncertainty, corruption, limited progress on structural reform, and deficient infrastructure. The economy rebounded between 2003 and 2007, posting modest growth each year, as growing world demand for commodities combined with high prices and favorable weather to support Paraguay's commodity-based export expansion.
GDP (purchasing power parity):
$26.7 billion (2007 est.)
GDP (official exchange rate):
$10.87 billion (2007 est.)
GDP - real growth rate:
6.6% (2007 est.)
GDP - per capita (PPP):
$4,000 (2007 est.)
GDP - composition by sector:
agriculture: 22.7% industry: 17.6% services: 59.7% (2007 est.)
Labor force:
2.787 million (2007 est.)
Labor force - by occupation:
agriculture: 31% industry: 17% services: 52% (2007)
Unemployment rate:
5.6% (2007 est.)
Population below poverty line:
32% (2005 est.)
Household income or consumption by percentage share:
lowest 10%: 0.7% highest 10%: 46.1% (2003)
Distribution of family income - Gini index:
56.8 (2008)
Investment (gross fixed):
18.9% of GDP (2007 est.)
Budget:
revenues: $2.159 billion expenditures: $2.042 billion (2007 est.)
Fiscal year:
calendar year
Public debt:
27% of GDP (2007 est.)
Inflation rate (consumer prices):
8.1% (2007 est.)
Central bank discount rate:
20% (31 December 2007)
Commercial bank prime lending rate:
25.03% (31 December 2007)
Stock of money:
$1.943 billion (31 December 2007)
Stock of quasi money:
$1.368 billion (31 December 2007)
Stock of domestic credit:
$2.457 billion (31 December 2007)
Agriculture - products:
cotton, sugarcane, soybeans, corn, wheat, tobacco, cassava (tapioca), fruits, vegetables; beef, pork, eggs, milk; timber
Industries:
sugar, cement, textiles, beverages, wood products, steel, metallurgic, electric power
Industrial production growth rate:
-1% (2007 est.)
Electricity - production:
70 billion kWh (2007)
Electricity - consumption:
6 billion kWh (2007)
Electricity - exports:
64 billion kWh (2007)
Electricity - imports:
0 kWh (2007)
Electricity - production by source:
fossil fuel: 0% hydro: 99.9% nuclear: 0% other: 0.1% (2001)
Oil - production:
0 bbl/day (2007 est.)
Oil - consumption:
27,410 bbl/day (2006 est.)
Oil - exports:
0 bbl/day (2007)
Oil - imports:
25,940 bbl/day (2007)
Oil - proved reserves:
0 bbl (1 January 2006 est.)
Natural gas - production:
0 cu m (2007 est.)
Natural gas - consumption:
0 cu m (2007 est.)
Natural gas - exports:
0 cu m (2007 est.)
Natural gas - imports:
0 cu m (2007 est.)
Natural gas - proved reserves:
0 cu m (1 January 2007 est.)
Current account balance:
$119 million (2007 est.)
Exports:
$5.463 billion f.o.b. (2007 est.)
Exports - commodities:
soybeans, feed, cotton, meat, edible oils, electricity, wood, leather
Exports - partners:
Argentina 28.1%, Uruguay 15.2%, Brazil 12.7%, Chile 5.9%, Germany 4.9%, Russia 4.5% (2007)
Imports:
$6.094 billion f.o.b. (2007 est.)
Imports - commodities:
road vehicles, consumer goods, tobacco, petroleum products, electrical machinery, tractors, chemicals, vehicle parts
Imports - partners:
Brazil 30.4%, US 22.8%, Argentina 14.4%, China 8.6% (2007)
Economic aid - recipient:
$51.09 million (2005)
Reserves of foreign exchange and gold:
$2.463 billion (31 December 2007)
Debt - external:
$3.492 billion (31 December 2007 est.)
Stock of direct foreign investment - at home:
$2.057 million (2007)
Stock of direct foreign investment - abroad:
Market value of publicly traded shares:
$233.8 million (2005)
Currency (code):
guarani (PYG)
Currency code:
Exchange rates:
guarani (PYG) per US dollar - 5,031 (2007), 5,672.8 (2006), 6,178 (2005), 5,974.6 (2004), 6,424.3 (2003)
CommunicationsParaguay
Telephones - main lines in use:
453,800 (2007)
Telephones - mobile cellular:
4.33 million (2007)
Telephone system:
general assessment: meager telephone service; principal switching center is in Asuncion domestic: the fixed-line market is a state monopoly; deficiencies in provision of fixed-line service have resulted in a rapid expansion of mobile-cellular services fostered by competition among multiple providers international: country code - 595; satellite earth station - 1 Intelsat (Atlantic Ocean)
Radio broadcast stations:
AM 41, FM 121, shortwave 6 (3 inactive) (2006)
Radios:
925,000 (1997)
Television broadcast stations:
5 (2007)
Televisions:
990,000 (2001)
Internet country code:
.py
Internet hosts:
19,691 (2008)
Internet Service Providers (ISPs):
4 (2000)
Internet users:
280,000 (2007)
TransportationParaguay
Airports:
838 (2007)
Airports - with paved runways:
total: 13 over 3,047 m: 3 1,524 to 2,437 m: 5 914 to 1,523 m: 5 (2007)
Airports - with unpaved runways:
total: 825 1,524 to 2,437 m: 26 914 to 1,523 m: 267 under 914 m: 532 (2007)
Railways:
total: 36 km standard gauge: 36 km 1.435-m gauge (2006)
Roadways:
total: 29,500 km paved: 14,986 km unpaved: 14,514 km (2000)
Waterways:
3,100 km (2007)
Merchant marine:
total: 23 by type: cargo 18, carrier 1, passenger 1, petroleum tanker 2, roll on/roll off 1 foreign-owned: 6 (Argentina 5, Netherlands 1) (2008)
Ports and terminals:
Asuncion, Villeta, San Antonio, Encarnacion
MilitaryParaguay
Military branches:
Army, National Navy (Armada Nacional, includes Naval Aviation,Marine Corps, General Naval Prefecture), Air Force (Fuerza AereaParaguay, FAP) (2008)
Military service age and obligation:
18 years of age for compulsory and voluntary military service; conscript service obligation - 12 months for Army, 24 months for Navy (2006)
Manpower available for military service:
males age 16-49: 1,589,873 females age 16-49: 1,585,573 (2008 est.)
Manpower fit for military service:
males age 16-49: 1,327,730 females age 16-49: 1,356,989 (2008 est.)
Manpower reaching militarily significant age annually:
male: 72,109 female: 70,509 (2008 est.)
Military expenditures:
1% of GDP (2006 est.)
Transnational IssuesParaguay
Disputes - international:
unruly region at convergence of Argentina-Brazil-Paraguay borders is locus of money laundering, smuggling, arms and illegal narcotics trafficking, and fundraising for extremist organizations
Illicit drugs:
major illicit producer of cannabis, most or all of which is consumed in Brazil, Argentina, and Chile; transshipment country for Andean cocaine headed for Brazil, other Southern Cone markets, and Europe; weak border controls, extensive corruption and money-laundering activity, especially in the Tri-Border Area; weak anti-money-laundering laws and enforcement
This page was last updated on 18 December, 2008
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@Peru
IntroductionPeru
Background:
Ancient Peru was the seat of several prominent Andean civilizations, most notably that of the Incas whose empire was captured by the Spanish conquistadors in 1533. Peruvian independence was declared in 1821, and remaining Spanish forces defeated in 1824. After a dozen years of military rule, Peru returned to democratic leadership in 1980, but experienced economic problems and the growth of a violent insurgency. President Alberto FUJIMORI's election in 1990 ushered in a decade that saw a dramatic turnaround in the economy and significant progress in curtailing guerrilla activity. Nevertheless, the president's increasing reliance on authoritarian measures and an economic slump in the late 1990s generated mounting dissatisfaction with his regime, which led to his ouster in 2000. A caretaker government oversaw new elections in the spring of 2001, which ushered in Alejandro TOLEDO as the new head of government - Peru's first democratically elected president of Native American ethnicity. The presidential election of 2006 saw the return of Alan GARCIA who, after a disappointing presidential term from 1985 to 1990, returned to the presidency with promises to improve social conditions and maintain fiscal responsibility.
GeographyPeru
Location:
Western South America, bordering the South Pacific Ocean, betweenChile and Ecuador
Geographic coordinates:
Map references:
South America
Area:
total: 1,285,220 sq km land: 1.28 million sq km water: 5,220 sq km
Area - comparative:
slightly smaller than Alaska
Land boundaries:
total: 7,461 km border countries: Bolivia 1,075 km, Brazil 2,995 km, Chile 171 km, Colombia 1,800 km, Ecuador 1,420 km
Coastline:
2,414 km
Maritime claims:
territorial sea: 200 nm continental shelf: 200 nm
Climate:
varies from tropical in east to dry desert in west; temperate to frigid in Andes
Terrain:
western coastal plain (costa), high and rugged Andes in center (sierra), eastern lowland jungle of Amazon Basin (selva)
Elevation extremes:
lowest point: Pacific Ocean 0 m highest point: Nevado Huascaran 6,768 m
Natural resources:
copper, silver, gold, petroleum, timber, fish, iron ore, coal, phosphate, potash, hydropower, natural gas
Land use:
arable land: 2.88% permanent crops: 0.47% other: 96.65% (2005)
Irrigated land:
12,000 sq km (2003)
Total renewable water resources:
1,913 cu km (2000)
Freshwater withdrawal (domestic/industrial/agricultural):
total: 20.13 cu km/yr (8%/10%/82%) per capita: 720 cu m/yr (2000)
Natural hazards:
earthquakes, tsunamis, flooding, landslides, mild volcanic activity
Environment - current issues:
deforestation (some the result of illegal logging); overgrazing of the slopes of the costa and sierra leading to soil erosion; desertification; air pollution in Lima; pollution of rivers and coastal waters from municipal and mining wastes
Environment - international agreements:
party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: none of the selected agreements
Geography - note:
shares control of Lago Titicaca, world's highest navigable lake, with Bolivia; a remote slope of Nevado Mismi, a 5,316 m peak, is the ultimate source of the Amazon River
PeoplePeru
Population:
29,180,900 (July 2008 est.)
Age structure:
0-14 years: 29.7% (male 4,409,227/female 4,253,836) 15-64 years: 64.7% (male 9,501,597/female 9,381,139) 65 years and over: 5.6% (male 770,389/female 864,711) (2008 est.)
Median age:
total: 25.8 years male: 25.5 years female: 26.1 years (2008 est.)
Population growth rate:
1.264% (2008 est.)
Birth rate:
19.77 births/1,000 population (2008 est.)
Death rate:
6.16 deaths/1,000 population (2008 est.)
Net migration rate:
-0.97 migrant(s)/1,000 population (2008 est.)
Sex ratio:
at birth: 1.05 male(s)/female under 15 years: 1.04 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.89 male(s)/female total population: 1.01 male(s)/female (2008 est.)
Infant mortality rate:
total: 29.53 deaths/1,000 live births male: 32.02 deaths/1,000 live births female: 26.93 deaths/1,000 live births (2008 est.)
Life expectancy at birth:
total population: 70.44 years male: 68.61 years female: 72.37 years (2008 est.)
Total fertility rate:
2.42 children born/woman (2008 est.)
HIV/AIDS - adult prevalence rate:
0.5% (2003 est.)
HIV/AIDS - people living with HIV/AIDS:
82,000 (2003 est.)
HIV/AIDS - deaths:
4,200 (2003 est.)
Major infectious diseases:
degree of risk: very high food or waterborne diseases: bacterial, hepatitis A, and typhoid fever vectorborne disease: dengue fever, malaria, Oroya fever, and yellow fever water contact disease: leptospirosis (2008)
Nationality:
noun: Peruvian(s) adjective: Peruvian
Ethnic groups:
Amerindian 45%, mestizo (mixed Amerindian and white) 37%, white 15%, black, Japanese, Chinese, and other 3%
Religions:
Roman Catholic 81%, Seventh Day Adventist 1.4%, other Christian 0.7%, other 0.6%, unspecified or none 16.3% (2003 est.)
Languages:
Spanish (official), Quechua (official), Aymara, and a large number of minor Amazonian languages
Literacy:
definition: age 15 and over can read and write total population: 87.7% male: 93.5% female: 82.1% (2004 est.)
School life expectancy (primary to tertiary education):
total: 14 years male: 14 years female: 14 years (2006)
Education expenditures:
2.5% of GDP (2006)
GovernmentPeru
Country name:
conventional long form: Republic of Peru conventional short form: Peru local long form: Republica del Peru local short form: Peru
Government type:
constitutional republic
Capital:
name: Lima geographic coordinates: 12 03 S, 77 03 W time difference: UTC-5 (same time as Washington, DC during Standard Time)
Administrative divisions:
25 regions (regiones, singular - region) and 1 province* (provincia); Amazonas, Ancash, Apurimac, Arequipa, Ayacucho, Cajamarca, Callao, Cusco, Huancavelica, Huanuco, Ica, Junin, La Libertad, Lambayeque, Lima, Lima*, Loreto, Madre de Dios, Moquegua, Pasco, Piura, Puno, San Martin, Tacna, Tumbes, Ucayali
Independence:
28 July 1821 (from Spain)
National holiday:
Independence Day, 28 July (1821)
Constitution:
29 December 1993
Legal system:
based on civil law system; accepts compulsory ICJ jurisdiction with reservations
Suffrage:
18 years of age; universal and compulsory until the age of 70; note - for the first time in recent elections, members of the military and national police were eligible to vote in the 2006 elections
Executive branch:
chief of state: President Alan GARCIA Perez (since 28 July 2006); First Vice President Luis GIAMPIETRI Rojas; Second Vice President Lourdes MENDOZA del Solar (since 28 July 2006); note - the president is both the chief of state and head of government head of government: President Alan GARCIA Perez (since 28 July 2006); First Vice President Luis GIAMPIETRI Rojas; Second Vice President Lourdes MENDOZA del Solar (since 28 July 2006) note: Prime Minister Yehude SIMON Munaro (since 14 October 2008) does not exercise executive power; this power is in the hands of the president cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a five-year term (eligible for a nonconsecutive reelection); presidential and congressional elections held 9 April 2006 with runoff election held 4 June 2006; next to be held in April 2011 election results: Alan GARCIA elected president in runoff election; percent of vote - Alan GARCIA 52.5%, Ollanta HUMALA Tasso 47.5%
Legislative branch:
unicameral Congress of the Republic of Peru or Congreso de la Republica del Peru (120 seats; members are elected by popular vote to serve five-year terms) elections: last held 9 April 2006 (next to be held in April 2011) election results: percent of vote by party - UPP 21.2%, PAP 20.6%, UN 15.3%, AF 13.1%, FC 7.1%, PP 4.1%, RN 4.0%, other 14.6%; seats by party - UPP 45, PAP 36, UN 17, AF 13, FC 5, PP 2, RN 2
Judicial branch:
Supreme Court of Justice or Corte Suprema de Justicia (judges are appointed by the National Council of the Judiciary)
Political parties and leaders:
Alliance For Progress (Alianza Para El Progreso) [Cesar ACUNAPeralta]; Alliance For The Future (Alianza Por El Futuro) or AF (acoalition of pro-FUJIMORI parties including Cambio 90, NuevaMayoria, and Si Cumple); Central Front (Frente Del Centro) or FC (acoalition of Accion Popular, Somos Peru, and Coordinadora Nacionalde Independientes) [Victor Andres GARCIA Belaunde]; NationalRenovation Party (Partido Renovacion Nacional) [Rafael REY];National Restoration Party (Restauracion Nacional) or RN [HumbertoLAY Sun]; National Unity (Unidad Nacional) or UN (a coalition ofPartido Popular Cristiano and Partido Solidaridad Nacional) [LourdesFLORES Nano]; Peru Possible (Peru Posible) or PP [Alejandro TOLEDOManrique]; Peruvian Aprista Party (Partido Aprista Peruano) or PAP[Alan GARCIA] (also referred to by its original name Alianza PopularRevolucionaria Americana or APRA); Peruvian Nationalist Party(Partido Nacionalista Peruano) or PNP [Ollanta HUMALA Tasso]; Unionfor Peru (Union por el Peru) or UPP [Aldo ESTRADA Choque]
Political pressure groups and leaders:
Shining Path [Abimael GUZMAN Reynoso (imprisoned), Gabriel MACARIO(top leader at-large)] (leftist guerrilla group); Tupac AmaruRevolutionary Movement or MRTA [Victor POLAY (imprisoned), HugoAVALLENEDA Valdez (top leader at-large)] (leftist guerrilla group)
International organization participation:
APEC, CAN, FAO, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICCt,ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol,IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, Mercosur(associate), MIGA, MINUSTAH, MONUC, NAM, OAS, OPANAL, OPCW, PCA, RG,UN, UNASUR, UNCTAD, UNESCO, UNIDO, Union Latina, UNMIL, UNMIS,UNOCI, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Felipe ORTIZ de Zevallos chancery: 1700 Massachusetts Avenue NW, Washington, DC 20036 telephone: [1] (202) 833-9860 through 9869 FAX: [1] (202) 659-8124 consulate(s) general: Atlanta, Boston, Chicago, Denver, Hartford, Houston, Los Angeles, Miami, New York, Paterson (New Jersey), San Francisco, Washington, DC
Diplomatic representation from the US:
chief of mission: Ambassador P. Michael MCKINLEY embassy: Avenida La Encalada, Cuadra 17s/n, Surco, Lima 33 mailing address: P. O. Box 1995, Lima 1; American Embassy (Lima), APO AA 34031-5000 telephone: [51] (1) 434-3000 FAX: [51] (1) 618-2397
Flag description:
three equal, vertical bands of red (hoist side), white, and red with the coat of arms centered in the white band; the coat of arms features a shield bearing a vicuna, cinchona tree (the source of quinine), and a yellow cornucopia spilling out gold coins, all framed by a green wreath
EconomyPeru
Economy - overview:
Peru's economy reflects its varied geography - an arid coastal region, the Andes further inland, and tropical lands bordering Colombia and Brazil. Abundant mineral resources are found in the mountainous areas, and Peru's coastal waters provide excellent fishing grounds. However, overdependence on minerals and metals subjects the economy to fluctuations in world prices, and a lack of infrastructure deters trade and investment. After several years of inconsistent economic performance, the Peruvian economy grew by more than 4% per year during the period 2002-06, with a stable exchange rate and low inflation. Growth jumped to 7.5% in 2007, driven by higher world prices for minerals and metals. Risk premiums on Peruvian bonds on secondary markets reached historically low levels in late 2004, reflecting investor optimism regarding the government's prudent fiscal policies and openness to trade and investment. Despite the strong macroeconomic performance, underemployment and poverty have stayed persistently high. Growth prospects depend on exports of minerals, textiles, and agricultural products, and by expectations for the Camisea natural gas megaproject and for other promising energy projects. Upon taking office, President GARCIA announced Sierra Exportadora, a program aimed at promoting economic growth in Peru's southern and central highlands.
GDP (purchasing power parity):
$219.6 billion (2007 est.)
GDP (official exchange rate):
$109.1 billion (2007 est.)
GDP - real growth rate:
9% (2007 est.)
GDP - per capita (PPP):
$7,600 (2007 est.)
GDP - composition by sector:
agriculture: 8.4% industry: 25.6% services: 66% (2007 est.)
Labor force:
9.839 million (2007 est.)
Labor force - by occupation:
agriculture: 9% industry: 18% services: 73% (2001)
Unemployment rate:
6.9% in metropolitan Lima; widespread underemployment (2007 est.)
Population below poverty line:
44.5% (2006)
Household income or consumption by percentage share:
lowest 10%: 1.3% highest 10%: 40.9% (2003)
Distribution of family income - Gini index:
52 (2003)
Investment (gross fixed):
23% of GDP (2007 est.)
Budget:
revenues: $32.54 billion expenditures: $29.15 billion (2007 est.)
Fiscal year:
calendar year
Public debt:
29.2% of GDP (2007 est.)
Inflation rate (consumer prices):
1.8% (2007 est.)
Central bank discount rate:
5.75% (31 December 2007)
Commercial bank prime lending rate:
22.86% (31 December 2007)
Stock of money:
$14.66 billion (31 December 2007)
Stock of quasi money:
$19.95 billion (31 December 2007)
Stock of domestic credit:
$17.88 billion (31 December 2007)
Agriculture - products:
asparagus, coffee, cotton, sugarcane, rice, potatoes, corn, plantains, grapes, oranges, coca; poultry, beef, dairy products; fish, guinea pigs
Industries:
mining and refining of minerals; steel, metal fabrication; petroleum extraction and refining, natural gas; fishing and fish processing, textiles, clothing, food processing
Industrial production growth rate:
9.8% (2007 est.)
Electricity - production:
24.92 billion kWh (2006 est.)
Electricity - consumption:
22.37 billion kWh (2006 est.)
Electricity - exports:
0 kWh (2007 est.)
Electricity - imports:
0 kWh (2007 est.)
Electricity - production by source:
fossil fuel: 14.5% hydro: 84.7% nuclear: 0% other: 0.8% (2001)
Oil - production:
125,000 bbl/day (2008 est.)
Oil - consumption:
167,900 bbl/day (2006 est.)
Oil - exports:
69,090 bbl/day (2005 est.)
Oil - imports:
115,600 bbl/day (2005)
Oil - proved reserves:
382.9 million bbl (1 January 2008 est.)
Natural gas - production:
1.78 billion cu m (2006 est.)
Natural gas - consumption:
1.78 billion cu m (2006 est.)
Natural gas - exports:
0 cu m (2007 est.)
Natural gas - imports:
0 cu m (2007 est.)
Natural gas - proved reserves:
337.8 billion cu m (1 January 2008 est.)
Current account balance:
$1.516 billion (2007 est.)
Exports:
$27.96 billion f.o.b. (2007 est.)
Exports - commodities:
copper, gold, zinc, crude petroleum and petroleum products, coffee, potatoes, asparagus, textiles, guinea pigs
Exports - partners:
US 19.5%, China 12.7%, Canada 7.6%, Japan 7.5%, Chile 5.9%,Switzerland 4.2%, Spain 4.1% (2007)
Imports:
$19.6 billion f.o.b. (2007 est.)
Imports - commodities:
petroleum and petroleum products, plastics, machinery, vehicles, iron and steel, wheat, paper
Imports - partners:
US 20.5%, China 10.8%, Brazil 9%, Ecuador 6.1%, Argentina 5.6%,Chile 5%, Colombia 4.8% (2007)
Economic aid - recipient:
$397.8 million (2005)
Reserves of foreign exchange and gold:
$27.78 billion (31 December 2007 est.)
Debt - external:
$32.83 billion (31 December 2007 est.)
Stock of direct foreign investment - at home:
$24.72 billion (2007 est.)
Stock of direct foreign investment - abroad:
$1.476 billion (2007 est.)
Market value of publicly traded shares:
$59.66 billion (2006)
Currency (code):
nuevo sol (PEN)
Currency code:
Exchange rates:
nuevo sol (PEN) per US dollar - 3.1731 (2007), 3.2742 (2006), 3.2958 (2005), 3.4132 (2004), 3.4785 (2003)
CommunicationsPeru
Telephones - main lines in use:
2.673 million (2007)
Telephones - mobile cellular:
15.417 million (2007)
Telephone system:
general assessment: adequate for most requirements domestic: fixed-line teledensity is only about 9 per 100 persons; mobile-cellular teledensity, spurred by competition among multiple providers, has increased to roughly 55 telephones per 100 persons; nationwide microwave radio relay system and a domestic satellite system with 12 earth stations international: country code - 51; the South America-1 (SAM-1) and Pan American (PAN-AM) submarine cable systems provide links to parts of Central and South America, the Caribbean, and US; satellite earth stations - 2 Intelsat (Atlantic Ocean)
Radio broadcast stations:
AM 472, FM 198, shortwave 189 (1999)
Radios:
6.65 million (1997)
Television broadcast stations:
13 (plus 112 repeaters) (1997)
Televisions:
3.06 million (1997)
Internet country code:
.pe
Internet hosts:
271,745 (2008)
Internet Service Providers (ISPs):
10 (2000)
Internet users:
7.636 million (2007)
TransportationPeru
Airports:
237 (2007)
Airports - with paved runways:
total: 54 over 3,047 m: 6 2,438 to 3,047 m: 20 1,524 to 2,437 m: 14 914 to 1,523 m: 11 under 914 m: 3 (2007)
Airports - with unpaved runways:
total: 183 2,438 to 3,047 m: 2 1,524 to 2,437 m: 24 914 to 1,523 m: 40 under 914 m: 117 (2007)
Heliports:
1 (2007)
Pipelines:
gas 1,181 km; gas/liquid petroleum gas 61 km; liquid natural gas 106 km; liquid petroleum gas 517 km; oil 1,749 km; refined products 13 km (2007)
Railways:
total: 1,989 km standard gauge: 1,726 km 1.435-m gauge narrow gauge: 263 km 0.914-m gauge (2006)
Roadways:
total: 78,829 km paved: 11,351 km (includes 276 km of expressways) unpaved: 67,478 km (2004)
Waterways:
8,808 km note: 8,600 km of navigable tributaries of Amazon system and 208 km of Lago Titicaca (2007)
Merchant marine:
total: 8 by type: cargo 3, chemical tanker 1, petroleum tanker 4 foreign-owned: 1 (Bahamas 1) registered in other countries: 17 (Belize 1, Panama 16) (2008)
Ports and terminals:
Callao, Iquitos, Matarani, Paita, Pucallpa, Yurimaguas; note -Iquitos, Pucallpa, and Yurimaguas are on the upper reaches of theAmazon and its tributaries
MilitaryPeru
Military branches:
Army of Peru (Ejercito Peruano), Navy of Peru (Marina de Guerra delPeru, MGP (includes naval air, naval infantry, and Coast Guard)),Air Force of Peru (Fuerza Aerea del Peru, FAP) (2008)
Military service age and obligation:
18-30 years of age for voluntary male and female military service; no conscription (2008)
Manpower available for military service:
males age 16-49: 7,653,898 females age 16-49: 7,531,329 (2008 est.)
Manpower fit for military service:
males age 16-49: 5,796,449 females age 16-49: 6,217,524 (2008 est.)
Manpower reaching militarily significant age annually:
male: 306,260 female: 296,819 (2008 est.)
Military expenditures:
1.5% of GDP (2006)
Transnational IssuesPeru
Disputes - international:
Chile and Ecuador rejected Peru's November 2005 unilateral legislation to shift the axis of their joint treaty-defined maritime boundaries along the parallels of latitude to equidistance lines which favor Peru; organized illegal narcotics operations in Colombia have penetrated Peru's shared border; Peru rejects Bolivia's claim to restore maritime access through a sovereign corridor through Chile along the Peruvian border
Refugees and internally displaced persons:
IDPs: 60,000-150,000 (civil war from 1980-2000; most IDPs are indigenous peasants in Andean and Amazonian regions) (2007)
Illicit drugs:
until 1996 the world's largest coca leaf producer, Peru is now the world's second largest producer of coca leaf, though it lags far behind Colombia; cultivation of coca in Peru declined to 36,000 hectares in 2007; second largest producer of cocaine, estimated at 210 metric tons of potential pure cocaine in 2007; finished cocaine is shipped out from Pacific ports to the international drug market; increasing amounts of base and finished cocaine, however, are being moved to Brazil, Chile, Argentina, and Bolivia for use in the Southern Cone or transshipment to Europe and Africa; increasing domestic drug consumption
This page was last updated on 18 December, 2008
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@Philippines
IntroductionPhilippines
Background:
The Philippine Islands became a Spanish colony during the 16th century; they were ceded to the US in 1898 following the Spanish-American War. In 1935 the Philippines became a self-governing commonwealth. Manuel QUEZON was elected president and was tasked with preparing the country for independence after a 10-year transition. In 1942 the islands fell under Japanese occupation during World War II, and US forces and Filipinos fought together during 1944-45 to regain control. On 4 July 1946 the Republic of the Philippines attained its independence. The 20-year rule of Ferdinand MARCOS ended in 1986, when a "people power" movement in Manila ("EDSA 1") forced him into exile and installed Corazon AQUINO as president. Her presidency was hampered by several coup attempts, which prevented a return to full political stability and economic development. Fidel RAMOS was elected president in 1992 and his administration was marked by greater stability and progress on economic reforms. In 1992, the US closed its last military bases on the islands. Joseph ESTRADA was elected president in 1998, but was succeeded by his vice-president, Gloria MACAPAGAL-ARROYO, in January 2001 after ESTRADA's stormy impeachment trial on corruption charges broke down and another "people power" movement ("EDSA 2") demanded his resignation. MACAPAGAL-ARROYO was elected to a six-year term as president in May 2004. The Philippine Government faces threats from three terrorist groups on the US Government's Foreign Terrorist Organization list, but in 2006 and 2007 scored some major successes in capturing or killing key wanted terrorists. Decades of Muslim insurgency in the southern Philippines have led to a peace accord with one group and an ongoing cease-fire and peace talks with another.
GeographyPhilippines
Location:
Southeastern Asia, archipelago between the Philippine Sea and theSouth China Sea, east of Vietnam
Geographic coordinates:
Map references:
Southeast Asia
Area:
total: 300,000 sq km land: 298,170 sq km water: 1,830 sq km
Area - comparative:
slightly larger than Arizona
Land boundaries:
0 km
Coastline:
36,289 km
Maritime claims:
territorial sea: irregular polygon extending up to 100 nm from coastline as defined by 1898 treaty; since late 1970s has also claimed polygonal-shaped area in South China Sea up to 285 nm in breadth exclusive economic zone: 200 nm continental shelf: to depth of exploitation
Climate:
tropical marine; northeast monsoon (November to April); southwest monsoon (May to October)
Terrain:
mostly mountains with narrow to extensive coastal lowlands
Elevation extremes:
lowest point: Philippine Sea 0 m highest point: Mount Apo 2,954 m
Natural resources:
timber, petroleum, nickel, cobalt, silver, gold, salt, copper
Land use:
arable land: 19% permanent crops: 16.67% other: 64.33% (2005)
Irrigated land:
15,500 sq km (2003)
Total renewable water resources:
479 cu km (1999)
Freshwater withdrawal (domestic/industrial/agricultural):
total: 28.52 cu km/yr (17%/9%/74%) per capita: 343 cu m/yr (2000)
Natural hazards:
astride typhoon belt, usually affected by 15 and struck by five to six cyclonic storms per year; landslides; active volcanoes; destructive earthquakes; tsunamis
Environment - current issues:
uncontrolled deforestation especially in watershed areas; soil erosion; air and water pollution in major urban centers; coral reef degradation; increasing pollution of coastal mangrove swamps that are important fish breeding grounds
Environment - international agreements:
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: Air Pollution-Persistent Organic Pollutants
Geography - note:
the Philippine archipelago is made up of 7,107 islands; favorably located in relation to many of Southeast Asia's main water bodies: the South China Sea, Philippine Sea, Sulu Sea, Celebes Sea, and Luzon Strait
PeoplePhilippines
Population:
96,061,680 (July 2008 est.)
Age structure:
0-14 years: 35.5% (male 17,392,780/female 16,708,255) 15-64 years: 60.4% (male 28,986,232/female 29,076,329) 65 years and over: 4.1% (male 1,682,485/female 2,215,602) (2008 est.)
Median age:
total: 22.3 years male: 21.8 years female: 22.8 years (2008 est.)
Population growth rate:
1.991% (2008 est.)
Birth rate:
26.42 births/1,000 population (2008 est.)
Death rate:
5.15 deaths/1,000 population (2008 est.)
Net migration rate:
-1.36 migrant(s)/1,000 population (2008 est.)
Sex ratio:
at birth: 1.05 male(s)/female under 15 years: 1.04 male(s)/female 15-64 years: 1 male(s)/female 65 years and over: 0.76 male(s)/female total population: 1 male(s)/female (2008 est.)
Infant mortality rate:
total: 21.2 deaths/1,000 live births male: 23.86 deaths/1,000 live births female: 18.42 deaths/1,000 live births (2008 est.)
Life expectancy at birth:
total population: 70.8 years male: 67.89 years female: 73.85 years (2008 est.)
Total fertility rate:
3.32 children born/woman (2008 est.)
HIV/AIDS - adult prevalence rate:
less than 0.1% (2003 est.)
HIV/AIDS - people living with HIV/AIDS:
9,000 (2003 est.)
HIV/AIDS - deaths:
fewer than 500 (2003 est.)
Major infectious diseases:
degree of risk: high food or waterborne diseases: bacterial diarrhea, hepatitis A, and typhoid fever vectorborne diseases: dengue fever and malaria (2008)
Nationality:
noun: Filipino(s) adjective: Philippine
Ethnic groups:
Tagalog 28.1%, Cebuano 13.1%, Ilocano 9%, Bisaya/Binisaya 7.6%, Hiligaynon Ilonggo 7.5%, Bikol 6%, Waray 3.4%, other 25.3% (2000 census)
Religions:
Roman Catholic 80.9%, Muslim 5%, Evangelical 2.8%, Iglesia ni Kristo 2.3%, Aglipayan 2%, other Christian 4.5%, other 1.8%, unspecified 0.6%, none 0.1% (2000 census)
Languages:
Filipino (official; based on Tagalog) and English (official); eight major dialects - Tagalog, Cebuano, Ilocano, Hiligaynon or Ilonggo, Bicol, Waray, Pampango, and Pangasinan