Expense in Peru
Peru: Expense was 22.8% in 2021. ▲ Rising
Expense in Peru, 1972–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Peru is 22.8%, measured in 2021.
The figure is down 15.1% on the previous year and up 29.6% over ten years.
Over the whole period, expense in Peru peaked at 26.9% in 2020 and was at its lowest, 11.7%, in 1974.
Peru ranks 97th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Expense in Peru, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 12.7% | — |
| 1973 | 13.2% | +4.0% |
| 1974 | 11.7% | -10.7% |
| 1975 | 13.6% | +15.8% |
| 1976 | 14.2% | +4.6% |
| 1977 | 13.2% | -7.1% |
| 1978 | 15.7% | +18.5% |
| 1979 | 13.3% | -14.9% |
| 1980 | 18.8% | +40.7% |
| 1981 | 17.4% | -7.3% |
| 1982 | 16.4% | -5.5% |
| 1983 | 18.3% | +11.4% |
| 1984 | 17.4% | -4.8% |
| 1985 | 17.0% | -2.2% |
| 1986 | 16.9% | -0.6% |
| 1987 | 15.9% | -6.4% |
| 1988 | 13.2% | -16.6% |
| 1989 | 13.0% | -1.8% |
| 1990 | 19.5% | +49.9% |
| 1991 | 14.6% | -25.1% |
| 1992 | 17.2% | +17.8% |
| 1993 | 15.3% | -10.8% |
| 1994 | 15.4% | +0.8% |
| 1995 | 17.5% | +13.4% |
| 1996 | 17.0% | -2.6% |
| 1997 | 16.6% | -2.5% |
| 1998 | 16.9% | +1.8% |
| 1999 | 17.8% | +5.3% |
| 2000 | 18.4% | +3.4% |
| 2001 | 18.2% | -1.0% |
| 2002 | 17.6% | -3.5% |
| 2003 | 17.8% | +0.9% |
| 2004 | 17.4% | -2.2% |
| 2005 | 18.0% | +3.7% |
| 2006 | 17.1% | -5.2% |
| 2007 | 18.1% | +6.2% |
| 2008 | 17.8% | -1.8% |
| 2009 | 18.5% | +3.7% |
| 2010 | 17.8% | -3.6% |
| 2011 | 17.6% | -1.1% |
| 2012 | 17.9% | +1.6% |
| 2013 | 19.0% | +5.8% |
| 2014 | 20.5% | +8.2% |
| 2015 | 20.6% | +0.3% |
| 2016 | 19.2% | -6.7% |
| 2017 | 20.2% | +5.0% |
| 2018 | 19.9% | -1.3% |
| 2019 | 20.7% | +3.9% |
| 2020 | 26.9% | +30.2% |
| 2021 | 22.8% | -15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.5% | 11.7% | 15.7% | 8 |
| 1980s | 16.4% | 13.0% | 18.8% | 10 |
| 1990s | 16.8% | 14.6% | 19.5% | 10 |
| 2000s | 17.9% | 17.1% | 18.5% | 10 |
| 2010s | 19.3% | 17.6% | 20.7% | 10 |
| 2020s | 24.9% | 22.8% | 26.9% | 2 |
Countries ranked near Peru
- 94 Senegal 23.6% compare
- 95 Micronesia, Federated States of 23.4% compare
- 96 Azerbaijan 23.0% compare
- 98 Ghana 22.7% compare
- 99 Mexico 22.5% compare
- 100 Uzbekistan 22.3% compare
More economy & growth data for Peru
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.35 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- GNI (current LCU), annual growth rate 7.94 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 3.33 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 32,204 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -34.01 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -27.34 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 5.75 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0734 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 626.12 current US$ per person (2024)
Frequently asked questions
- What is expense in Peru?
- Expense in Peru was 22.8% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Peru?
- The highest recorded value was 26.9% in 2020.
- What is the lowest expense recorded in Peru?
- The lowest recorded value was 11.7% in 1974.
- How does Peru rank for expense?
- Peru ranks 97th out of 157 countries with data for 2021.
- Is expense rising or falling in Peru?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is rising.
- Where does this Peru data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.