Peru PESTLE Insights - A Macroeconomic Outlook Report

Peru PESTLE Insights - A Macroeconomic Outlook Report
Summary

Mining, manufacturing, and utilities contributed 29.7% to the country’s gross value added (GVA) in 2022, followed by wholesale, retail, and hotels (15.2%) and financial intermediation, real estate, and business activities (9.7%). In nominal terms, the three sectors are expected to grow by 6.9%, 6.9%, and 7.3%, respectively, in 2023.

Three major metropolitan areas (Lima, Arequipa, Trujillo) in Peru contributed 48.9% to the country’s GDP and 36.7% of the population in 2022, according to GlobalData cities database.

Overall, the SPBLPGPT Index exhibited an upward trend over last year. As of July 18, 2023, the Index stood at 22,963.8 compared to 18,221.9 on July 18, 2022.

ScopeLima International Airport will triple capacity via a $700 million investment in a new 160,000 m2 terminal. Construction starts in December 2024, aiming to finish by January 2025, creating 3,500+ jobs.Reasons to BuyMacroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operationsAlong with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.