Wholesale Funding and Energy Portfolio Strategy
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
3%
Sources: Scotiabank Economics, Haver Analytics.
Spain Brazil
4% 5%
Scotiabank® 59
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