Global Wealth Management Overview
COVID-19: Pacific Alliance
Mexico
Economic Outlook GDP Growth - Current Forecast (Previous Forecast)
•
2020: -9.1% (-8.4%). 2021: +3.1% (+1.1%)
COVID-19 New Case Trend:
COVID-19 Restrictions:
Peru
Economic Outlook GDP Growth - Current Forecast (Previous Forecast)
2020: -11.5% (-9.0%). 2021: +8.7% (+7.0%)
COVID-19 New Case Trend:
COVID-19 Restrictions:
Travel
Event
Restrictions: Restrictions:
No
Some
School
Closures:
Yes
Quarantine
Measures:
No
Curfew
Restrictions:
Some
Travel
Event
Restrictions: Restrictions:
Yes
Yes
School
Closures:
Yes
Quarantine
Measures:
Yes
Curfew
Restrictions:
Some
Fiscal & Financial Support: 0.8% of GDP
Key Measures: Liquidity programs, customer assistance programs,
small business and sector-specific programs.
Chile
Economic Outlook GDP Growth - Current Forecast (Previous Forecast)
•
2020: -6.0% (-4.5%). 2021: +4.4% (+2.9%)
COVID-19 New Case Trend:
COVID-19 Restrictions:
Fiscal & Financial Support: 7.0% of GDP
Key Measures: Liquidity programs, retirement savings withdrawals,
loan guarantees, customer assistance programs, tax holidays.
Colombia
Economic Outlook GDP Growth - Current Forecast (Previous Forecast)
2020: -7.5% (-2.9%). 2021: +5.0% (+3.6%)
COVID-19 New Case Trend:
COVID-19 Restrictions:
Travel
Event
School
Restrictions: Restrictions: Closures:
Yes
Yes
Yes
Quarantine
Measures:
Yes
Curfew
Restrictions:
Yes
Travel
Event
School
Restrictions: Restrictions: Closures:
Yes
Yes
Yes
Quarantine
Measures:
Yes
Curfew
Restrictions:
Some
Fiscal & Financial Support: 19.3% of GDP
Key Measures: Liquidity programs, customer assistance programs,
loan guarantees, tax holidays, employment programs.
Fiscal & Financial Support: 3.9% of GDP
Key Measures: Liquidity programs, customer assistance programs,
loan guarantees, tax holidays, small business programs.
Source: Scotiabank Economics.
Legend:
Comprehensive
Partial
Minor/None
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