Peru | Population in poverty on the rise
Published on Wednesday, April 25, 2018 | Updated on Thursday, April 26, 2018
Peru | Population in poverty on the rise
Summary
The number of Peruvians living in poverty increased to 6.9 million in 2017, an increase of 375,000 people, which meant that the monetary poverty rate increased by 1 pp to 21.7% of the population. The most likely cause is the weak expansion of formal activities that generate less productive jobs.
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- Peru
Topics
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- Macroeconomic Analysis
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Authors
Vanessa Belapatiño
BBVA Research - Economist
Francisco Grippa
BBVA Research - Principal Economist
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