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More than 86% of meeps were informal and have yet to recover pre-pandemic sales.

Until 2021, there were over 5 million meeps in Peru, according to Comex. | Font: Andean

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86.3% micro and small peruvian companies they were informal in 2021, up 2.5% from before the pandemic, according to a report by the Peruvian Society for Foreign Trade (ComexPerú).

The figure implies that more than eight out of every 10 mipeys in the country worked in informalitythat is, they are outside the collection of taxes.

According to a study by ComexPerú, the regions with the highest share of informal miep are still located in the north and east of the country.

Until last year, it was believed that the great informality of small Business it was found in regions such as Loreto, Ucayali, Tumbes, Piura and Cajamarca where 90% to 93% were informal.

The departments with the smallest relative number of informal meeps are located in the southern part of the country.

“In the departments of Tacna, Moquegua, Arequipa, Apurimac and Madre de Dios, the level informality mypes accounts for between 80% and 85%,” says ComexPerú as part of the launch of the 15th APEC SME Summit.

Lima (central coast), Junin (central highlands) and La Libertad (northern coast) are added to the regions mentioned.

“The rise in informality in mypes should call for immediate action, especially considering that 96% of companies in Peru are currently mypes, as well as 75.3% of export companies. Policies that make the road mypes have to face difficulties, which will only increase informality and the destruction of the structure of the export business,” the union said.

How many Mipes are there in Peru?

The report indicates that a total of 5.46 million existing meeps have been registered in the Peruvian market through 2021, up 75.9% from the 3.11 million registered in 2020.

But the number of mips is still lower than what was recorded before the pandemic. The level of mipes registered in 2021 was 9.8% lower than in 2019, when about 6.06 million micro and small enterprises were registered. business.

Of the total, 47% of companies were dedicated to the service category, 36% to commerce and 14% to manufacturing.

“From 2020 to 2021, the number of inquiries related to manufacturing increased by 92.5%. Compared to 2019, the growth was 0.5%. From my side, mips dedicated to commerce grew by 86.1%; however, they fell 2.7% compared to 2019. Meanwhile, maps dedicated to services grew by 63.6%. Compared to 2019, they decreased by 18.1%,” they clarify in their report.

Sales of these small businesses are also 27% below pre-pandemic levels after gaining S$107,945 million in 2021.

“Meeps in crisis and authorities are unacceptable. The recovery of the sector is still weak and we have not reached the pre-pandemic level. Today, the authorities have turned their backs on them and there is no action aimed at lifting the sector. map no policy in favor of its restoration,” they added.

Finally, the union warns that weak economic growth, the impact on the business climate and political instability are dooming Peruvian entrepreneurs to informality or disappear.

Source: RPP

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