Monday, August 21, 2006

GDP in Emerging Markets

GDP is Gross domestic product. For a region, the GDP is "the market value of all the goods and services producted by labor and property located in" the region, usually a country. It equals GNP minus the net inflow of labor and property incomes from abroad.
What we can see here is how GDP has been changing in emerging markets, of which Peru is one. We can see that Peru will continue to grow. This is due to two main factors, firstly mining of which Peru has been a beneficiary of rising metal ore prices plus also the agricultural industry which has seen over 208% in the last year alone.


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