Government spending vs. GDP in Peru

Peru: Government spending vs. GDP was 35.82 billion constant 2015 US$ in 2025. ◆ Volatile

Latest (2025)
35.82 billion constant 2015 US$
Change on year
up 3.4%
World rank
50th
of 166 countries
All-time high
35.82 billion constant 2015 US$
in 2025
All-time low
3.18 billion constant 2015 US$
in 1960
Years of data
66
1960–2025

Government spending vs. GDP in Peru, 1960–2025

010.0B20.0B30.0B40.0B196019922025

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.

Analysis

In 2025, government spending vs. gdp in Peru stood at 35.82 billion constant 2015 US$. That is the highest value across all 66 years on record.

The figure is up 3.4% on the previous year and up 45.5% over ten years.

Over the whole period, government spending vs. gdp in Peru peaked at 35.82 billion constant 2015 US$ in 2025 and was at its lowest, 3.18 billion constant 2015 US$, in 1960.

That places Peru 50th out of 166 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Government spending vs. GDP in Peru, year by year

Annual values for Government spending vs. GDP in Peru, 1960 to 2025.
Year constant 2015 US$ Change
1960 3.18 billion constant 2015 US$
1961 3.67 billion constant 2015 US$ +15.6%
1962 3.86 billion constant 2015 US$ +5.0%
1963 4.08 billion constant 2015 US$ +5.8%
1964 4.59 billion constant 2015 US$ +12.5%
1965 4.90 billion constant 2015 US$ +6.8%
1966 4.91 billion constant 2015 US$ +0.1%
1967 5.08 billion constant 2015 US$ +3.5%
1968 5.40 billion constant 2015 US$ +6.4%
1969 5.70 billion constant 2015 US$ +5.5%
1970 5.99 billion constant 2015 US$ +5.0%
1971 6.40 billion constant 2015 US$ +6.9%
1972 6.82 billion constant 2015 US$ +6.6%
1973 7.23 billion constant 2015 US$ +6.0%
1974 7.67 billion constant 2015 US$ +6.0%
1975 8.52 billion constant 2015 US$ +11.1%
1976 8.92 billion constant 2015 US$ +4.8%
1977 10.21 billion constant 2015 US$ +14.4%
1978 8.92 billion constant 2015 US$ -12.7%
1979 8.16 billion constant 2015 US$ -8.5%
1980 10.14 billion constant 2015 US$ +24.2%
1981 9.95 billion constant 2015 US$ -1.9%
1982 10.88 billion constant 2015 US$ +9.3%
1983 9.99 billion constant 2015 US$ -8.2%
1984 9.33 billion constant 2015 US$ -6.6%
1985 9.75 billion constant 2015 US$ +4.4%
1986 10.52 billion constant 2015 US$ +8.0%
1987 11.12 billion constant 2015 US$ +5.7%
1988 9.37 billion constant 2015 US$ -15.8%
1989 7.58 billion constant 2015 US$ -19.1%
1990 6.81 billion constant 2015 US$ -10.2%
1991 6.94 billion constant 2015 US$ +2.0%
1992 7.14 billion constant 2015 US$ +2.8%
1993 7.36 billion constant 2015 US$ +3.1%
1994 8.00 billion constant 2015 US$ +8.7%
1995 8.68 billion constant 2015 US$ +8.5%
1996 9.06 billion constant 2015 US$ +4.4%
1997 9.75 billion constant 2015 US$ +7.6%
1998 9.99 billion constant 2015 US$ +2.5%
1999 10.34 billion constant 2015 US$ +3.5%
2000 10.66 billion constant 2015 US$ +3.1%
2001 10.58 billion constant 2015 US$ -0.8%
2002 10.58 billion constant 2015 US$ +0.0%
2003 10.99 billion constant 2015 US$ +3.9%
2004 11.44 billion constant 2015 US$ +4.1%
2005 12.48 billion constant 2015 US$ +9.1%
2006 13.43 billion constant 2015 US$ +7.6%
2007 14.01 billion constant 2015 US$ +4.3%
2008 14.69 billion constant 2015 US$ +4.8%
2009 16.46 billion constant 2015 US$ +12.1%
2010 17.10 billion constant 2015 US$ +3.9%
2011 18.37 billion constant 2015 US$ +7.4%
2012 19.89 billion constant 2015 US$ +8.3%
2013 21.38 billion constant 2015 US$ +7.5%
2014 22.78 billion constant 2015 US$ +6.5%
2015 24.61 billion constant 2015 US$ +8.0%
2016 25.88 billion constant 2015 US$ +5.2%
2017 26.72 billion constant 2015 US$ +3.3%
2018 27.45 billion constant 2015 US$ +2.7%
2019 28.43 billion constant 2015 US$ +3.6%
2020 30.86 billion constant 2015 US$ +8.5%
2021 32.42 billion constant 2015 US$ +5.0%
2022 32.36 billion constant 2015 US$ -0.2%
2023 33.49 billion constant 2015 US$ +3.5%
2024 34.62 billion constant 2015 US$ +3.4%
2025 35.82 billion constant 2015 US$ +3.4%

Peru compared with similar countries

  • Peru's 35.82 billion constant 2015 US$ is above the median for upper middle income countries, which is 9.30 billion constant 2015 US$, 3.8× the median. (45 countries reporting)
  • Peru's 35.82 billion constant 2015 US$ is above the median for Latin America & Caribbean, which is 9.59 billion constant 2015 US$, 3.7× the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.54 billion constant 2015 US$ 3.18 billion constant 2015 US$ 5.70 billion constant 2015 US$ 10
1970s 7.88 billion constant 2015 US$ 5.99 billion constant 2015 US$ 10.21 billion constant 2015 US$ 10
1980s 9.86 billion constant 2015 US$ 7.58 billion constant 2015 US$ 11.12 billion constant 2015 US$ 10
1990s 8.41 billion constant 2015 US$ 6.81 billion constant 2015 US$ 10.34 billion constant 2015 US$ 10
2000s 12.53 billion constant 2015 US$ 10.58 billion constant 2015 US$ 16.46 billion constant 2015 US$ 10
2010s 23.26 billion constant 2015 US$ 17.10 billion constant 2015 US$ 28.43 billion constant 2015 US$ 10
2020s 33.26 billion constant 2015 US$ 30.86 billion constant 2015 US$ 35.82 billion constant 2015 US$ 6

Countries ranked near Peru

  1. 47 Portugal 40.98 billion constant 2015 US$ compare
  2. 48 Pakistan 38.17 billion constant 2015 US$ compare
  3. 49 Kuwait 37.37 billion constant 2015 US$ compare
  4. 51 Qatar 31.21 billion constant 2015 US$ compare
  5. 52 Morocco 29.89 billion constant 2015 US$ compare
  6. 53 Romania 29.81 billion constant 2015 US$ compare

See the full ranking of 166 places →

More economy & growth data for Peru

All data for Peru →

Frequently asked questions

What is government spending vs. gdp in Peru?
Government spending vs. gdp in Peru was 35.82 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest government spending vs. gdp recorded in Peru?
The highest recorded value was 35.82 billion constant 2015 US$ in 2025.
What is the lowest government spending vs. gdp recorded in Peru?
The lowest recorded value was 3.18 billion constant 2015 US$ in 1960.
How does Peru rank for government spending vs. gdp?
Peru ranks 50th out of 166 countries with data for 2025.
Is government spending vs. gdp rising or falling in Peru?
Over the last ten years it is up 45.5%. The long-run trend across the full record is volatile.
Where does this Peru data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.

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Government spending vs. GDP in Peru. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://economy.statizoid.com/stat/government-expenditure-vs-gdp/peru/

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About this data

Indicator
Government spending vs. GDP
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 7,062 data points, 1960–2025
Last refreshed

General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.