<human>:  I would like to know what the economic situation of Peru is like.
<bot>: According to the International Monetary Fund, Peru's economy has grown steadily in recent years with a Gross Domestic Product (GDP) that has more than doubled since 2003. While Peru is considered a middle-income country with a sizable informal sector, its economy has been largely driven by a boom in mineral exports and increased manufacturing and agricultural output. The Peruvian government has also invested heavily in infrastructure and a variety of social programs to reduce poverty. These efforts have helped Peru become one of the fastest growing countries in Latin America and the Caribbean.