The mining supplier sector could double its participation in the national GDP in the next 10 years, reaching 6% and in 20 years this figure could be 9%, according to estimates by the Ministry of Production (Produce ). According to Produce, the mining supplier sector represents “great growth potential, as evidenced by experiences such as […]
Tag: PBI
Peruvian economy will grow a solid 4% during 2022, according to Moody’s
According to Moody’s, the Peruvian economy will grow 4% in 2022, although this forecast will not be immune to the uncertainty sown by the public policies of the Government of Pedro Castillo. This announcement given in the Inside LatAm: Peru Webinar resembles the estimates of the International Monetary Fund, World Bank, as well as the […]
Spanish investment contributed US $ 40,000 million to Peruvian GDP
A recent report by the Official Chamber of Commerce of Spain in Peru and the Universidad del Pacífico revealed that Spanish investment contributed some US $ 40,000 million to the Peruvian economy between 1993 and 2019, which is equivalent to 1% of Gross Product Internal (PBI) From Peru. The document, which will be officially presented […]
What should be prioritized in the tax reform?
Efficiency and equity Miriam Yepes, representative of the Ministry of Economy The purpose of the delegation of tax powers is to strengthen the tax situation. It seeks to increase collection under criteria of efficiency and equity, advance in the formalization and expansion of the tax base, combat evasion and avoidance, reduce inequities in the tax […]
In 2022, GDP would grow by 3%, according to Credicorp Capital
Peru’s GDP in 2022 would grow by 3% due to a trend that affects the whole world, but especially Latin America due to the devaluations of currencies, as well as the increase in the price of oil and food worldwide, reported Klaus Kaempfe, director of Portfolio Solutions at Credicorp Capital Asset Management. Peru leads world […]
What does it mean for the economy to grow 13% this year?
Last week it was learned that the Peruvian economy exceeded pre-pandemic levels for the first time. At the discretion of the economist and director of Phase Consultores, Juan Carlos Odar, the 9.71% advance of GDP during September of this year, as well as the 11.95% annualized (starting from October 2020), slightly pass the 2019 data. […]
Pedro Francke: The economy is 3% above the pre-pandemic level
The head of the Ministry of Economy and Finance (MEF), Pedro Francke, reported that the Peruvian economy grew 3% above pre-pandemic levels, according to data as of September this year. “The GDP has continued to recover, we see all the variations compared to 2019, the huge drop we had was one of the largest in […]
Pedro Francke: “The economy is 3% above pre-pandemic levels”
The Minister of Economy, Pedro Francke, reported that the Peruvian economy grew 3% above pre-pandemic levels, according to data as of September this year. “The GDP has continued to recover, we see all the variations compared to 2019, the huge fall that was one of the largest in the entire continent with the quarantine. But […]
BCP: Peru’s GDP in October would have registered a growth of 6.5%
The Economic Studies Area of Banco de Credito del Peru (BCP) estimated that October’s GDP would have bounced around 6.5%, compared to the same period in 2020, when it fell 3.2%, and reiterated its growth projection for the Peruvian economy by 2% by 2022. Thus, the Peruvian economy rebounded almost 11.5% year-on-year in the third […]
Economy exceeds pandemic levels for the first time
The gross domestic product (GDP) for September registered an advance of 9.71%, while the annualized national production (12 months) reached 11.95%, according to information issued yesterday by the INEI. In 2020, the drop in GDP was 11.12%, which is why experts consider that in the ninth month of 2021 the decline mentioned would have been […]