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Peru - An Overview of the Market



Peru Statistics  
   
Official Name:

Republic of Peru Population: 27,544305 (2004)
Ethnicity:

45% Native American
37% Mestizo
15% Caucasian

Language: Spanish (official),
Quechua (official)
Aymara
Religion: 90% Roman Catholic Government:

Constitutional Republic 

History of Peru

Set in the Andes mountains, Peru was the home of many ancient civilizations.  The most prominent of these is the Incas, conquered in 1533 by Spain.  Peru gained its independence in 1821, completely separating itself from the Spanish presence in 1824.

After many years of political unrest and sporadic guerrilla activity, alternating frequently between democratic and authoritarian rule, Peru has gained a period of reasonable political stability through its current president Alejandro Toledo.

Economy in Peru

Despite what some might consider to be a less-than-ideal government, Peru's economy is in surprisingly good shape.  Efforts are being made to keep it a pro-market, and strength has been shown in maintaining a tight fiscal policy while keeping inflation down.  The economy of Peru is mainly powered by mining and exports, which has allowed it to keep an average growth of 4% over recent years.

Market Opportunities


USA

The number of Peruvians studying in the U.S. increased 11% from 2003 to 2004, from 3,376 students to 3,771.  54% of these students were enrolled in undergraduate programs and 40% took graduate level courses.  Common degrees and fields included business, engineering, science and communications.

Number of Latin American Students studying in the USA

Place of Origin
Undergraduate
Graduate
Other
Total
Argentina
1,083
1,665
284
3,032
Bolivia
640
266
89
995
Brazil
3,582
2,599
828
7,009
Chile
489
880
181
1,550
Colombia
3,217
2,746
872
6,835
Costa Rica
431
390
75
896
Dominican Republic
571
218
86
875
Ecuador
1,354
596
223
2,173
El Salvador
718
170
51
939
Guatemala
713
220
73
1,006
Honduras
766
213
63
1,042
Jamaica
2,698
1,224
244
4,166
Mexico
8,211
4,154
1,566
13,931
Nicaragua
280
88
42
410
Panama
684
227
112
1,023
Peru
1,828
1,335
356
3,519
Trinidad & Tobago
2,049
730
145
2,924
Venezuela
2,899
1,339
554
4,792



United Kingdom


Students in Higher and Further Education in the UK per year


Year

Mexico

Colombia

Brazil

Peru

Chile

Argentina

Paraguay

Venezuela

2000/2001

1,405

406

1,570

140

298

419

19

316

2001/2002

1,466

361

1,650

170

252

402

20

257

2002/2003

1,602

329

1,595

171

248

375

16

248

2003/2004

N/A

N/A

1,780

N/A

N/A

N/A

N/A

N/A



EFL Students in the UK from Peru

2002/2003 – 1,192 students
2003/2004 – 1,304 students

Australia

Central and South American region individuals and groups 2005 compared to 2004

  • There was an increase of 66% in total enrolments from the area (from 3,692 to 6,129).

  • Increases were seen for all Central and South American nationalities.

  • NSW accounted for 44% of all Central and South American enrolments in 2005, followed by Queensland (39%), Western Australia (9%), Victoria (8%), and South Australia (1%).

  • 73% of all Central and South American enrollees held student visas (up from 70% in 2004), with 25% arriving on visitor visas, and 2% arriving on working holiday and other visas.

  • There has been a 93% increase in the total number of student weeks (87,311), and an increase in the average number of student weeks (from 12.2 to 14.2).

  • Total estimated spending of Central and South American enrolees was around $76 million compared with $40 million in 2004. This is an overall increase of 90% from 2004.

Statistics

Country

2002

2003

2004

2005

%Change 2004 to 2005

Brazil

4,198

3,791

4,708

7,052

49.8%

Colombia

2,285

1,993

1,561

1,731

10.9%

Mexico

571

866

1,019

1,123

10.2%

Chile

143

197

259

336

29.7%

Peru

118

132

168

300

78.6%

Venezuela

218

191

160

143

-10.6%

Argentina

194

175

146

133

-8.9%


Source:  British Council, HESA, UNESCO Student Mobility Report, CIC, CEC, Open Doors 2006, Australian education International

Brazil   Peru    Panama    Colombia   Venezuela


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