Scotiabank Economic and Financial Market Update
Peru
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, which should make higher
growth rates more sustainable in the future
13.7%
Manufacturing
8.5%
Finance, Insurance,
& Real Estate
30.9%
Other
PERUVIAN
GDP BY
INDUSTRY
(Q4 2018)
20.7%
Transportation,
Information &
Commerce
6.8%
Construction
-14.2%
8
y/y % change
6
4
2
0
-2
Contributions to Peruvian GDP Growth
-4
-6
16
Sources: Scotiabank Economics, Haver Analytics.
17
18
Net Exports
Inventories
Investment
Government
Consumption
Real GDP
5.2% Mining & Energy
Natural
Resources
Top 5 Trading Partners
China
27%
Others
43%
United
States
18%
South
Korea 4%
Spain Brazil
4% 5%
Scotiabank®
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