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El Nino's Impact on Peru's Fishing Sector

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Key Points

  • Peru's fishing sector has been negatively affected by El Nino
  • The sector experienced a 51.94% decline in June
  • The state declared a 120-day state of emergency to support the sector

By the Numbers

51.94%33.15%120 days

Peru's fishing sector has been negatively affected by El Nino. In June, the sector experienced a 51.94% decline, and in the first six months, a 33.15% decrease was observed. The Ministerio de la Produccion declared a 120-day state of emergency and announced that the state will provide support to the sector. El Nino's effects are not limited to the fishing sector, but can also have negative impacts on the economy. According to Thorne & Associates' calculations, El Nino's negative effects on the economy can reach up to 0.78 percentage points. The Peruvian government is working to support the sector and minimize the negative effects on the economy.

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Frequently Asked Questions

What is the impact of El Nino on Peru's economy?
El Nino's negative effects on the economy can reach up to 0.78 percentage points
What is the Peruvian government doing to support the sector?
The government is working to support the sector and minimize the negative effects on the economy
What effects has El Nino had on the fishing sector?
El Nino has had negative effects on the fishing sector, with a 51.94% decline

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