Scotiabank Financial Overview Q3/21 slide image

Scotiabank Financial Overview Q3/21

Peruvian Economy Resilient economic fundamentals 11.5% Mining, Oil, & Gas 6.8% Construction 2.0% Electricity & Water 5.1% Natural Resources Peru's important resource sectors are increasingly balanced by stronger service-sector activity and solid economic fundamentals. Peru has 18 free-trade agreements with 52 countries that account for 66% of global GDP. Government spending and transfer programs are helping to bolster a return to growth in 2021 and 2022. 12.9% Manufacturing 11.0% Finance, Insurance, & Real Estate PERUVIAN GDP BY INDUSTRY (Q1-2021) 19.5% 31.2% Other Transportation & Warehousing GDP Growth 2021F: 9.9% GDP Growth 2022F: 4.1% Sources: Bloomberg, as of August 20, 2021 Contributions to Peruvian GDP Growth Top 5 Trading Partners* 15 y/y % change 10 5 -5 -10 -20 -25 -30 ༄༅༞༠Ş ཋ ྣ ཏྭ ༞ ? -15 Net Exports Investment -35 17 Inventories Consumption I Government Real GDP 18 19 20 20 Sources: Scotiabank Economics, Haver Analytics. 21 21 Others 43% China 28% South Japan Canada 5% United States 16% Korea 4% 4% * Trade data updated as of Q1-2021. 62 62
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