Titicaca (Lake) Country is located in South America and is shared by Peru and BOLIVIA. Peru is represented by four letters in the crossword solution, while BOLIVIA is represented by seven letters. Titicaca is the highest navigable lake in the world, located at an elevation of 3, 812 meters (12, 507 feet). It is the largest lake in South America and the second largest in Latin America. The lake is shared by Peru and BOLIVIA, with the majority of it belonging to Peru.