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
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.
Government spending as share of GDP in Peru, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1900 | 3.6% | — |
| 1901 | 3.7% | +2.3% |
| 1902 | 3.6% | -2.3% |
| 1903 | 3.5% | -1.2% |
| 1904 | 4.2% | +19.3% |
| 1905 | 4.3% | +0.7% |
| 1906 | 4.5% | +6.5% |
| 1907 | 4.9% | +7.0% |
| 1908 | 5.5% | +13.1% |
| 1909 | 4.5% | -18.0% |
| 1910 | 4.4% | -2.6% |
| 1911 | 4.9% | +10.9% |
| 1912 | 5.6% | +14.4% |
| 1913 | 8.6% | +54.8% |
| 1914 | 6.5% | -24.3% |
| 1915 | 4.2% | -35.5% |
| 1916 | 3.3% | -21.6% |
| 1917 | 3.9% | +19.1% |
| 1918 | 3.7% | -6.0% |
| 1919 | 4.3% | +15.5% |
| 1920 | 4.5% | +4.8% |
| 1921 | 5.2% | +15.6% |
| 1922 | 5.0% | -3.7% |
| 1923 | 5.2% | +3.9% |
| 1924 | 5.9% | +14.7% |
| 1925 | 6.0% | +1.2% |
| 1926 | 6.5% | +7.4% |
| 1927 | 4.8% | -25.7% |
| 1928 | 7.2% | +51.0% |
| 1929 | 5.8% | -19.4% |
| 1930 | 7.0% | +20.7% |
| 1931 | 5.8% | -17.6% |
| 1932 | 5.8% | -0.0% |
| 1933 | 5.5% | -4.7% |
| 1934 | 5.8% | +5.0% |
| 1935 | 6.1% | +5.6% |
| 1936 | 6.2% | +1.2% |
| 1937 | 6.1% | -1.7% |
| 1938 | 9.5% | +55.7% |
| 1939 | 8.7% | -8.1% |
| 1940 | 6.6% | -23.9% |
| 1941 | 9.5% | +42.9% |
| 1942 | 9.9% | +4.1% |
| 1943 | 9.2% | -7.3% |
| 1944 | 8.2% | -11.0% |
| 1945 | 8.8% | +7.9% |
| 1946 | 10.8% | +22.3% |
| 1947 | 13.1% | +21.9% |
| 1948 | 12.6% | -3.7% |
| 1949 | 9.4% | -25.9% |
| 1950 | 11.3% | +20.8% |
| 1951 | 10.9% | -3.9% |
| 1952 | 10.5% | -3.6% |
| 1953 | 11.9% | +13.2% |
| 1954 | 15.2% | +28.1% |
| 1955 | 16.7% | +9.8% |
| 1956 | 18.3% | +9.2% |
| 1957 | 17.9% | -2.0% |
| 1958 | 16.9% | -5.7% |
| 1959 | 16.3% | -3.6% |
| 1960 | 13.3% | -18.0% |
| 1961 | 14.8% | +10.7% |
| 1962 | 14.6% | -1.0% |
| 1963 | 16.2% | +11.0% |
| 1964 | 16.9% | +4.2% |
| 1965 | 18.7% | +10.7% |
| 1966 | 18.6% | -0.8% |
| 1967 | 19.1% | +2.6% |
| 1968 | 18.4% | -3.7% |
| 1969 | 16.4% | -10.6% |
| 1970 | 14.3% | -12.6% |
| 1971 | 15.0% | +4.7% |
| 1972 | 15.3% | +2.0% |
| 1973 | 19.5% | +27.1% |
| 1974 | 17.7% | -9.2% |
| 1975 | 19.8% | +11.8% |
| 1976 | 21.1% | +6.5% |
| 1977 | 19.4% | -7.7% |
| 1978 | 19.0% | -2.5% |
| 1979 | 16.4% | -13.7% |
| 1980 | 19.3% | +18.1% |
| 1981 | 18.4% | -4.6% |
| 1982 | 17.6% | -4.7% |
| 1983 | 19.4% | +10.5% |
| 1984 | 18.3% | -5.7% |
| 1985 | 17.2% | -6.0% |
| 1986 | 16.6% | -3.7% |
| 1987 | 15.5% | -6.7% |
| 1988 | 12.8% | -16.9% |
| 1989 | 12.1% | -5.6% |
| 1990 | 20.4% | +67.9% |
| 1991 | 15.7% | -22.8% |
| 1992 | 19.1% | +21.4% |
| 1993 | 18.2% | -4.7% |
| 1994 | 16.9% | -6.9% |
| 1995 | 17.5% | +3.6% |
| 1996 | 16.5% | -6.0% |
| 1997 | 15.6% | -5.3% |
| 1998 | 16.3% | +4.2% |
| 1999 | 17.8% | +9.7% |
| 2000 | 21.7% | +21.8% |
| 2001 | 20.9% | -3.7% |
| 2002 | 19.6% | -6.1% |
| 2003 | 20.1% | +2.4% |
| 2004 | 19.6% | -2.8% |
| 2005 | 20.4% | +4.2% |
| 2006 | 19.2% | -6.0% |
| 2007 | 18.6% | -3.0% |
| 2008 | 19.9% | +7.0% |
| 2009 | 21.3% | +7.3% |
| 2010 | 21.0% | -1.6% |
| 2011 | 19.8% | -5.8% |
| 2012 | 20.3% | +2.6% |
| 2013 | 21.5% | +5.7% |
| 2014 | 22.4% | +4.4% |
| 2015 | 22.0% | -1.8% |
| 2016 | 20.5% | -6.8% |
| 2017 | 20.6% | +0.6% |
| 2018 | 21.0% | +1.7% |
| 2019 | 20.8% | -0.7% |
| 2020 | 25.6% | +23.2% |
| 2021 | 23.1% | -9.8% |
| 2022 | 23.1% | -0.1% |
| 2023 | 22.1% | -4.3% |
| 2024 | 22.3% | +0.7% |
Peru compared with similar countries
- Peru's 22.3% is below the median for upper middle income countries, which is 30.9%, 72% of the median. (44 countries reporting)
- Peru's 22.3% is below the median for Latin America & Caribbean, which is 27.1%, 82% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Government spending as share of GDP in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +67.9% | 12.1% | 20.4% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.42 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0042 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 41.13 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 10.35 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 54.43 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0309 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 299.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 14.07 % change on previous year (2025)
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
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.