Peru
Population (World Bank): 34,352,719 (2023)
Metal/Ore Exports (% of Total Merchandise Exports, World Bank): 43.1% (2022)
Petroleum Production (Million barrels per day, EIA): 125 Mb/d (2024)
Human Development Index (World Rank, UNDP): 87
2021 Resource Governance Index Score, Mining Sector (NRGI): 75/100
EITI Status: Meaningful Progress
Link to key economic information (Atlas of Economic Complexity)
Policy documents that include local content relevant provisions:
Peru Vision in Mining 2030, 2020 (Spanish)
Decree 042, 2003 (Spanish)
Law Nº 27506, 2002 (Spanish)
Social Trust Funds Regulation
Local Content Relevant News:
April 2021 – Southern Peru Mining Cluster will Expand its Horizons (Spanish, Paywall)
April 2021 – Offer of Peruvian Mining Providers and Services Generates Interest from Australians (Spanish)
November 2020 – Supreme Decree that approves the Regulation of Mining Procedures Nº 020-2020-EM (Spanish)
June 2016 – Kuczynski Wants Peru to become Metals Refining Hub: Finance Minister
Analysis and Case Studies:
Propuesta Ciudadana (2022) – Transparency in Local Purchases by Mining Companies in Peru (Spanish)
Clúster Minero Andino (SAMMI) (2021) – Study of Mining Suppliers of Peru 2021 (Spanish)
The World Bank (2021) – Peru Mining Sector Diagnostic
Inter-American Development Bank (2020) – The IDB Presented their Report “Beyond Extraction: Economic Opportunities in Mining Communities”, via Webinar on September 16th
Oswaldo Molina (2018) – Innovation in an Unfavorable Context: Local Mining Suppliers in Peru (Paywall)
Korinek and Ramdoo (2017) – OECD Local Content Policies In Minerals-Exporting Countries: The Case of Peru
Alan Fairlie Reinoso (2011) – Productive Chains of Export Activities in Latin America The case of Mining in Peru (Spanish)
Relevant Initiatives:
Beyond Extraction: Economic Opportunities in Mining Communities (Completed, 2016-2020)
“Mesa de Diálogo de Quellaveco”
Mining Cluster of the South of Peru