International Banking Performance 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, which should make solid
growth rates more sustainable in the future
11.5%
Manufacturing
10.4%
Wholesale and
Retail Trade
53.0%-
Other
PERUVIAN GDP
BY INDUSTRY
(Q12020)
12.7%
Mining, Oil, & Gas
4.7%
Construction
2.0%
Electricity & Water
5.8%
Natural
Resources
GDP Forecast 2020: -11.5%
GDP Forecast 2021: +8.7%
Contributions to Peruvian GDP Growth
8
y/y % change
6
4
2
0
-2
Net Exports
-4
-6
Investment
Consumption
Inventories
Government
Real GDP
-8
17
18
19
Sources: Scotiabank Economics, Haver Analytics.
20
Top 5 Trading Partners*
Others
43%
China
28%
United States
16%
Canada
4%
4%
Brazil South Korea
5%
* Trade data updated as of Q1-2020
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