1. Home
  2. / Martín Vizcarra Cornejo
  3. / What was one of the notable economic impacts of the COVID-19 pandemic on Peru during Vizcarra's presidency?

What was one of the notable economic impacts of the COVID-19 pandemic on Peru during Vizcarra's presidency?

  • Rise in unemployment

  • Increase in government debt

  • Decline in GDP by thirty percent

  • Increase in foreign investment

Answer

The COVID-19 pandemic had a significant impact on Peru's economy. The country's GDP declined by thirty percent in 2020, which was one of the largest declines in the world. The pandemic also caused a sharp rise in unemployment, with over four million people losing their jobs. The economic crisis has had a negative impact on the lives of Peruvians, with many people struggling to make ends meet.
Martín Vizcarra: A Presidential Tale of Peru

Martín Vizcarra: A Presidential Tale of Peru

Take the Martín Vizcarra Cornejo Quiz
Subscribe newsletter

Subscribe Now!

Learn something
new everyday

Playing quizzes is free! We send 1 quiz every week to your inbox