Government spending as share of GDP in Peru

Peru: Government spending as share of GDP was 22.3% in 2024. ▲ Rising

Latest (2024)
22.3%
Change on year
up 0.7%
World rank
111th
of 151 countries
All-time high
25.6%
in 2020
All-time low
3.3%
in 1916
Years of data
125
1900–2024

Government spending as share of GDP in Peru, 1900–2024

510152025190019622024

Source: International Monetary Fund (2025) – with minor processing by Our World in Data. Measured in % of GDP.

Analysis

In 2024, government spending as share of gdp in Peru stood at 22.3%.

Compared with earlier readings it is up 0.7% on the previous year and down 0.6% over ten years.

Over the whole period, government spending as share of gdp in Peru peaked at 25.6% in 2020 and was at its lowest, 3.3%, in 1916.

Peru ranks 111th of 151 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 125 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1900s 4.2% 3.5% 5.5% 10
1910s 4.9% 3.3% 8.6% 10
1920s 5.6% 4.5% 7.2% 10
1930s 6.7% 5.5% 9.5% 10
1940s 9.8% 6.6% 13.1% 10
1950s 14.6% 10.5% 18.3% 10
1960s 16.7% 13.3% 19.1% 10
1970s 17.7% 14.3% 21.1% 10
1980s 16.7% 12.1% 19.4% 10
1990s 17.4% 15.6% 20.4% 10
2000s 20.1% 18.6% 21.7% 10
2010s 21.0% 19.8% 22.4% 10
2020s 23.3% 22.1% 25.6% 5

Countries ranked near Peru

  1. 108 South Korea 22.5% compare
  2. 109 Burundi 22.3% compare
  3. 112 Congo 21.7% compare
  4. 113 United Arab Emirates 21.4% compare
  5. 114 Aruba 21.2% compare

See the full ranking of 151 places →

More economy & growth data for Peru

All data for Peru →

Frequently asked questions

What is government spending as share of gdp in Peru?
Government spending as share of gdp in Peru was 22.3% in 2024, according to International Monetary Fund (2025) – with minor processing by Our World in Data.
What is the highest government spending as share of gdp recorded in Peru?
The highest recorded value was 25.6% in 2020.
What is the lowest government spending as share of gdp recorded in Peru?
The lowest recorded value was 3.3% in 1916.
How does Peru rank for government spending as share of gdp?
Peru ranks 111th out of 151 countries with data for 2024.
Is government spending as share of gdp rising or falling in Peru?
Over the last ten years it is down 0.6%. The long-run trend across the full record is rising.
Where does this Peru data come from?
The figures come from International Monetary Fund (2025) – with minor processing by Our World in Data, published as part of Government spending as share of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 125 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Government spending as share of GDP
Unit
% of GDP
Source
International Monetary Fund (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed

The sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.