Peru Peru

EITI Status

EITI Status: 
Compliant country

Compliant since

Compliant since: 
15 February 2012

Extractive Industries

Mining and hydrocarbons contribute significantly to the Peruvian economy. In 2011 and 2012 the extractive sector accounted between 6 and 7% of GDP, according to the Ministry of Energy and Mines. In 2012 the sector generated around 2/3 of of total Peruvian exports. Mining and gas exports reached USD 26 billion. 

Peru occupies a leading position in the global production of mineral commodities such as copper (second after Chile), gold (sixth after China, Australia, South Africa, the United States, and Russia), lead (fourth after China, Australia, and the United States), molybdenum (fourth after China, the United States, and Chile), silver (first followed by China and Mexico), tin (third after China and Indonesia), and zinc (second after China).

The country is a significant producer of oil and gas. Ongoing development of natural gas and condensates in the Camisea basin is boosting the extractive sector contribution to Peru’s economy and to the government’s fiscal revenues. The sector employs around 3 million people, 200'000 in direct empoyment.

The Ministry of Energy and Mines' website and the Mining Yearbook 2012 in particular have abundant statitical information on the sector. 

EITI Reporting

The country produces EITI Reports that disclose revenues from the extraction of its natural resources. Companies disclose what they have paid in taxes and other payments and the government discloses what it has received. These two sets of figures are compared and reconciled.

EITI Implementation

Two subnational EITI pilots are implemented in the Piura and Moquegua regions. Local multi-stakeholder groups have been institutionalized by law, action plans are approved and the first two regionals EITI reports are underway.  The Loreto region is planning a similar pilot. 

The forecoming national EITI Report covering the fiscal year 2013 is expected to be published during the first semester of 2015. Peru's EITI is updating its work plan including the transition to the EITI Standard

Peru's EITI Report, covering fiscal years 2011 and 2012 was published in February 2014.

Peru completed validation on September 2010, including publishing a final validation report.

In February 2012, the EITI Board designated Peru as a Compliant country.

Read more

Innovations

  •  Pilots of EITI subnational implementation have started in the Piura and Moquegua regions.
  • Government unilaterally discloses all revenues.
  • Reports included voluntary social transfers.

Read more

National Coordinator

Peru
Director of Social Affairs
Ministry of Energy and Mines

International Secretariat

Peru
Country Officer
EITI International Secretariat
Peru
Regional Director for Latin America and Caribbean
EITI International Secretariat
+47 216 85 393
Peru
Country Manager
EITI International Secretariat
+47 21685394

Facts & Figures

Latest Eiti Report: 2012 Report
Deadline for next Eiti report: Thursday, 31 December 2015
Number of fiscal years published: 9

Peru News

Peru’s EITI published its 3rd EITI...
Last week at the EITI (Extractive...
Peru and Mauritania were this week...
The EITI is pleased to welcome...
The EITI is pleased to welcome Pacific...
In recognition of their progress in...
The EITI Secretariat monitors on a...
BERLIN, 16 APRIL 2010.  The Board of...
More than 40 participants from eight...