the mineral industry of peru 2001 15 1 by alfredo c gurmendi with a population more than 27 million had gross domestic product gdp 53 4 billion 2000a or 123 2 in terms purchasing power parity s growth was 0 compared 3 2000 and average inflation rate for year negative 7 previous ministerio de energía y minas 2002a p 20 us central intelligence agency world bank group 2002 minerals hydrocarbon industries accounted 11 mining export revenues represented 45 total exports reduction trade deficit significant about 100 300 616 1999 however grew only 22 39 economic affected instability argentinean market