Formal Entrepreneurship in Peru: Definition and Performance Indicators 2024

Peru distinguishes itself for its strong entrepreneurial activity, ranking 6th among Latin American countries with the highest early-stage entrepreneurship rates, ahead of regional peers such as Colombia (23.6%), Argentina (23.4%), and Brazil (20.3%). In 2024, the country’s entrepreneurship rate reached 13.2%, with 309,786 formal entrepreneurial MYPEs.