Peru's economy this year would grow about 6.9 percent and is above average expansion recorded in the region of Latin America and the Caribbean four to five percent, the World Bank estimated.
According to "The success of Latin America and the Caribbean is tested, prepared by the World Bank, Peru is part of the group of countries whose growth will be one or two percentage points top the regional average.
"It is expected that growth of gross domestic product (GDP) in 2011 to accelerate in some countries that have had a very poor performance in growth during 2010, where GDP is expected to rebound Haiti 7.6 percent, "he added.
The growth of Peru would only be surpassed by Haiti and would be similar to Panama.
explained that the growth forecasts for 2011 are subject to some uncertainty and point to continued robust growth in China (9.4 percent) and India (8.2 percent) and a general slowdown of growth in most emerging economies, including Brazil.
"GDP growth in Latin America and the Caribbean are forecast to be in the range of four and five percentage points in 2011, which is similar to the growth forecast for Eastern Tigers Asia, "he said.
On the other hand, the World Bank report noted that unemployment has already reached levels lower than those those observed before the recession of 2009 in several countries in Latin America and the Caribbean, specifically Argentina, Brazil, Ecuador, Peru and Uruguay.
"However, this is not a general result. Unemployment rates in Chile and Colombia, for example, though diminishing, are still above pre-crisis levels, while unemployment rates in Mexico and Venezuela have increased since the start of the recession " he added.
also mentioned that the fall in unemployment together with an increasing rate of labor force participation accompanied the rapid expansion of employment during the recovery observed in many countries of the region, with Colombia and Peru recorded the largest increases.
"At the other extreme is the case of Mexico, where the steady decline in participation in the labor force and employment rate throughout the cycle has been accompanied by a persistent increase in the unemployment rate, "he said.
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