Global Wealth Management and Banking Overview slide image

Global Wealth Management and Banking Overview

Peruvian Economy Resilient economic fundamentals • Peru's important resource sectors are increasingly balanced by stronger service-sector activity and solid economic fundamentals Peru has 16 free-trade agreements with 49 countries that account for 66% of global GDP Investment is making a consistently strong contribution to GDP growth, which should make the recent upturn in growth rates more sustainable 13.7% Manufacturing 9.4% Finance, Insurance, & Real Estate 29.9% Other PERUVIAN GDP BY INDUSTRY (Q2 2018) 19.7% Transportation, Information & Commerce 5.5% Construction 14% 7.7% Mining & Energy Natural Resources Contributions to Peruvian GDP Growth 8 y/y % change 6 4 2 0 Top 5 Trading Partners China 26% Others 44% -2 -4 Net Exports Inventories Investment United States Government 18% Consumption -6 Real GDP South Korea 16 17 18 Sources: Scotiabank Economics, Haver Analytics. 3% Spain Brazil 4% 5% Scotiabank® 62 62
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