Peru is a key destination for vulnerable Venezuelan refugees, migrants, and asylum seekers due in part to the relatively liberal availability of legal status. Peru is the second largest host of Venezuelans after Colombia, with UNHCR estimating close to 635,000 Venezuelans currently in the country, and of that number, almost 150,000 Venezuelans have filed applications for asylum in Peru. Many estimate that the country will host more than one million Venezuelans by the end of 2019. The temporary stay permit, or PTP (Permiso Temporal de Permanencia), which was suspended in 2018, provides Venezuelans the right to work and access public services such as health and education. However, even those who were able to apply before the October 31st deadline, face challenges navigating the complex and expensive PTP process, and many newly-arrived Venezuelans face serious challenges securing their basic needs. Peru is currently facing the effects of scarce livelihood opportunities in metropolitan areas and Venezuelans who cannot secure their basic needs, as well as those who can no longer find jobs, are moving from Lima to other regions. This scarcity as well as increasing numbers of arrivals, expose Venezuelans to mounting discrimination and xenophobia.

In a rapid assessment conducted with UN and NGO partners (including UNHCR, IOM, Save the Children and Encuentros), the issue of livelihoods and income generation was clearly identified as a significant gap by both Venezuelans and the humanitarian community, along with psychosocial support for those who suffered during flight and displacement. 

 Between the years 2002-2013, Peru was one of the fastest growing economies in Latin America with an average GDP growth rate of 6.1% per annum. Poverty rates fell from 52.2% in 2005 to 26.1% in 2013, while extreme poverty rates fell from 30.9% to 11.4% in the same period. Between 2014-17, the GDP growth rate slowed manly due to decline in international commodity prices concerning copper- Peru’s main export. However, a surge in mining brought Peru’s account deficit down from 4.8% of the GDP to 1.1% in 2017. As of late, higher commodity prices are leading to more investments in mining, expected to accelerate GDP growth by 4% (World Bank). According to the WFP, 22% of Peruvians lack access to nutritious food, with a child malnutrition rate of 13.1%, with the number rising to 33.4% in rural areas. (WFP)

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