Scotiabank Chilean Economy and Financial Outlook slide image

Scotiabank Chilean Economy and Financial Outlook

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 higher growth rates more sustainable in the future 12.7% Manufacturing 9.6% Finance, Insurance, & Real Estate 31.5% PERUVIAN GDP BY INDUSTRY (Q3 2018) 8 y/y % change 6 4 2 0 Contributions to Peruvian GDP Growth Other 20.7% Transportation, Information & Commerce 5.8% Construction -14.6% 5.1% Mining & Energy Natural Resources Top 5 Trading Partners China 26% Others 44% -2 -4 Net Exports Inventories GFCF Government United States Consumption -6 Real GDP 18% 16 Sources: Scotiabank Economics, Haver Analytics. 17 18 South Korea 3% Spain Brazil 4% 5% Scotiabank® 41
View entire presentation