In the World Economic Forum's recently-released "Financial Development Report 2009," Peru was ranked number one in the world for macroeconomic prudence. The report states that the factors in determining countries' rankings on this index were real GDP Growth, deposit interest rate, inflation volatility and inflation level.
On the World Economic Forum's overall Financial Development Index (FDI), Peru ranked forty-second, with positive rankings as to the stability of the country's financial and banking systems counterbalanced by poor rankings as to its institutional and business environments.
Peru was the top-ranked Latin American country on the FDI at number 29, followed by Chile (31), Brazil (34), Mexico (43) Colombia (46), Argentina (51) and Venezuela (55).
The United Kingdom placed first on the FDI, followed by Australia, the United States, Singapore and Hong Kong.
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