Driver Overview
This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).
Rank
Score /100
Best practice
Metric Overview
Strengths
Registering property
According to the World Bank, it takes 9.5 days to register a property in Peru, which is lower than the Upper Middle Income Countries average of 21.7 days. As infrastructure projects often involve property rights, the shorter the time to register properties, the less cost and risk to the project.
Financial stability
Peru has become more financially stable and ranks slightly above the Upper Middle Income Countries’ average of 88.6. The stability is driven by strong capital buffers and profitability of the banking sector. The COVID-19 pandemic may test this resilience.
Cost to start a business
According to the World Bank, it costs 9.4% of income per capita to start a business in Peru, slightly lower than the Upper Middle Income Countries average of 11%, easing the entry of new firms.
Top Performing Metrics
Top Performing Metrics
This is defined by the metrics with the highest unweighted score out of 100.
Permits:
Registering property
Financial markets:
Financial stability
Permits:
Cost to start a business
Opportunities to Grow
Post-completion reviews
Peru does not undertake post-completion reviews for infrastructure projects. The implementation of post-completion reviews could help determine whether projects have achieved their objectives efficiently and identify areas for improvement.
Stocks traded
At 1% of GDP, Peru’s value of stocks traded is far lower than the Upper Middle Income Countries’ average of 26%. As this indicator measures the liquidity of equities, it is important to infrastructure investors to know they can exit investments at appropriate points.
Long term GDP growth trend
Peru’s long-term GDP growth is 4.4%, which is higher than the Upper Middle Income Countries’ average of 3.1%. Its relatively high growth, should it not be overly impacted by COVID-19, can be expected to correlate with greater infrastructure spending.
Metrics to Improve
Metrics to Improve
This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.
For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.
Governance:
Post-completion reviews
Financial markets:
Stocks traded
Funding capacity:
Long term GDP growth trend
Detailed Data
This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017.
Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset.
Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.
28.2%
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
20.7%
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
18.1%
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
15.1%
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
12.8%
Political stability and absence of violence score
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
5%
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Peru
Upper-middle Income Countries Average
Description
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
Weighting (% of Driver)
28.2%
Source Link
Description
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
Weighting (% of Driver)
20.7%
Description
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
Weighting (% of Driver)
18.1%
Source Link
Description
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
Weighting (% of Driver)
15.1%
Source Link
Description
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
Weighting (% of Driver)
12.8%
Description
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Weighting (% of Driver)
5%
Source Link
Country Overview Data
6,679 USD
Population33.8 million persons
62.3 (0-100 best)
Infrastructure investment4.8% of GDP
Infrastructure gap0.9% of GDP
229.0 USD billion
GDP growth rate2.6%
GDP per capita growth rate0.6%
Gini coefficient43.3 (0-100 worst)
Gross Government Debt27.0% of GDP
Inflation rate2.2%
Summary credit rating65.0 (0-100 best)
Unemployment rate2.9%
Urbanisation ratio78.0% of total population
Road connectivity64.0 (0-100 best)
3.2 (1-7 best)
Efficiency of train services2.9 (1-7 best)
Efficiency of air transport services4.3 (1-7 best)
Efficiency of seaport services3.8 (1-7 best)
Electricity access95.0% of population
Electricity supply quality10.6% of output lost
Exposure to unsafe drinking water18.5% of population
Reliability of water supply4.5 (1-7 best)
Digital Adoption Index0.6 (0-1 best)
Mobile-broadband subscriptions65.7 per 100 population
Fixed-broadband Internet subscriptions7.3 per 100 population