The Peruvian GDP composition reveals that the services sector is dominant at 33.9%, followed by mining, manufacturing, and utilities at 25.73%. Wholesale, retail trade, restaurants, and hotels contribute 16.83%, while transport, storage, and communication account for 9.13%. Agriculture, hunting, forestry, and fishing stand at 7.6%, and construction at 6.81%. In 2023, services showed modest growth in contribution, while mining, manufacturing, and utilities experienced a slight decline. Other sectors remained relatively stable over the past year. The five-year CAGR indicates a slow structural shift towards a service-oriented economy, with construction and trade showing gradual growth.
Future trends to monitor include the impact of global demand changes on mining, advancements in technology affecting the services and communication sectors, and government infrastructure investment boosting construction. Watch for increased emphasis on sustainable agriculture and innovations in trade logistics, potentially influencing sector contributions moving forward.
Top countries in GDP Composition by Sector
# | 6 Countries | Percent | Last Year | |
---|---|---|---|---|
1 | 1 Services | 33.9 | 2016 | |
2 | 2 Mining, Manufacturing, Utilities | 25.73 | 2016 | |
3 | 3 Wholesale, retail trade, restaurants and hotels | 16.83 | 2016 | |
4 | 4 Transport, storage and communication | 9.13 | 2016 | |
5 | 5 Agriculture, hunting, forestry, fishing | 7.6 | 2016 | |
6 | 6 Construction | 6.81 | 2016 |