Gross public sector debt as a share of gross domestic product in Peru
Peru: Gross public sector debt as a share of gross domestic product was 29.8% in 2024. ▲ Rising
Gross public sector debt as a share of gross domestic product in Peru, 2010–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Peru recorded 29.8% for gross public sector debt as a share of gross domestic product in 2024.
That represents a change of down 0.9% on the previous year and up 61.9% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Peru peaked at 32.7% in 2021 and was at its lowest, 17.6%, in 2013.
That places Peru 41st out of 49 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Gross public sector debt as a share of gross domestic product in Peru, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 22.6% | — |
| 2011 | 19.8% | -12.5% |
| 2012 | 18.3% | -7.3% |
| 2013 | 17.6% | -4.2% |
| 2014 | 18.4% | +4.7% |
| 2015 | 21.4% | +16.6% |
| 2016 | 22.5% | +4.8% |
| 2017 | 22.6% | +0.4% |
| 2018 | 23.0% | +2.0% |
| 2019 | 24.1% | +4.6% |
| 2020 | 31.8% | +32.4% |
| 2021 | 32.7% | +2.8% |
| 2022 | 30.8% | -5.8% |
| 2023 | 30.0% | -2.5% |
| 2024 | 29.8% | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.0% | 17.6% | 24.1% | 10 |
| 2020s | 31.0% | 29.8% | 32.7% | 5 |
Countries ranked near Peru
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)
- Services, value added (constant LCU), per capita 9,194 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 5.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.11 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9266 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 7,900 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.4 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.48 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 29,656 current LCU per person (2024)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Peru?
- Gross public sector debt as a share of gross domestic product in Peru was 29.8% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Peru?
- The highest recorded value was 32.7% in 2021.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Peru?
- The lowest recorded value was 17.6% in 2013.
- How does Peru rank for gross public sector debt as a share of gross domestic product?
- Peru ranks 41st out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Peru?
- Over the last ten years it is up 61.9%. The long-run trend across the full record is rising.
- Where does this Peru data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).