The economy of Peru is an emerging market-oriented economy characterized by a high level of foreign trade. Peru’s economy has experienced significant growth in the last 15 years.
Lima is the capital and largest city of Peru. Lima is the industrial and financial center of Peru, home to many national companies. It accounts for more than two thirds of Peru’s industrial production and most of its tertiary sector.
Lima has an overall cost of living index which equates it with middle cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.