The Peruvian construction industry’s output value was estimated to be US$28.7bn in 2018. This is expected to grow to US$36.6bn in 2023 (measured at constant 2017 US dollar exchange rates), close to an annual rate of 5%, according to GlobalData, a leading data and analytics company.
Following two years of contraction, the Peruvian construction industry recovered in 2017 and registered growth of 2.4% in real terms in 2017 and by a further 4.5% in 2018. The company’s report: ‘Construction in Peru - Key Trends and Opportunities to 2023’ states that […]
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