Taxes less subsidies on products (current LCU) in Peru
Peru: Taxes less subsidies on products (current LCU) was 80.42 billion current LCU in 2024. ◆ Volatile
Taxes less subsidies on products in Peru, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, taxes less subsidies on products in Peru stood at 80.42 billion current LCU. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 6.0% on the previous year and up 55.0% over ten years.
Over the whole period, taxes less subsidies on products in Peru peaked at 80.42 billion current LCU in 2024 and was at its lowest, -994.4 current LCU, in 1977.
That places Peru 93rd out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU) in Peru, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 4.05 current LCU | — |
| 1961 | 5.01 current LCU | +23.7% |
| 1962 | 5.52 current LCU | +10.2% |
| 1963 | 6.49 current LCU | +17.7% |
| 1964 | 8.6 current LCU | +32.3% |
| 1965 | 10.8 current LCU | +25.6% |
| 1966 | 13.4 current LCU | +24.1% |
| 1967 | 13.7 current LCU | +2.2% |
| 1968 | 16.7 current LCU | +21.9% |
| 1969 | 21.3 current LCU | +27.5% |
| 1970 | 22.6 current LCU | +6.1% |
| 1971 | 24.7 current LCU | +9.3% |
| 1972 | 27.9 current LCU | +13.0% |
| 1973 | 30.4 current LCU | +9.0% |
| 1974 | 29.8 current LCU | -2.0% |
| 1975 | 45.7 current LCU | +53.4% |
| 1976 | 54.6 current LCU | +19.5% |
| 1977 | -994.4 current LCU | -1921.2% |
| 1978 | 165.4 current LCU | -116.6% |
| 1979 | 490.1 current LCU | +196.3% |
| 1991 | 2.11 billion current LCU | +429889718.4% |
| 1992 | 4.07 billion current LCU | +93.3% |
| 1993 | 6.36 billion current LCU | +56.1% |
| 1994 | 9.60 billion current LCU | +51.0% |
| 1995 | 11.96 billion current LCU | +24.6% |
| 1996 | 12.94 billion current LCU | +8.2% |
| 1997 | 14.84 billion current LCU | +14.6% |
| 1998 | 15.65 billion current LCU | +5.5% |
| 1999 | 15.51 billion current LCU | -0.9% |
| 2000 | 16.02 billion current LCU | +3.3% |
| 2001 | 15.62 billion current LCU | -2.5% |
| 2002 | 16.46 billion current LCU | +5.4% |
| 2003 | 18.06 billion current LCU | +9.7% |
| 2004 | 20.58 billion current LCU | +13.9% |
| 2005 | 22.45 billion current LCU | +9.1% |
| 2006 | 24.74 billion current LCU | +10.2% |
| 2007 | 26.50 billion current LCU | +7.1% |
| 2008 | 28.74 billion current LCU | +8.4% |
| 2009 | 30.24 billion current LCU | +5.2% |
| 2010 | 35.24 billion current LCU | +16.6% |
| 2011 | 37.40 billion current LCU | +6.1% |
| 2012 | 43.76 billion current LCU | +17.0% |
| 2013 | 48.68 billion current LCU | +11.2% |
| 2014 | 51.88 billion current LCU | +6.6% |
| 2015 | 51.82 billion current LCU | -0.1% |
| 2016 | 53.12 billion current LCU | +2.5% |
| 2017 | 55.00 billion current LCU | +3.5% |
| 2018 | 58.17 billion current LCU | +5.8% |
| 2019 | 63.29 billion current LCU | +8.8% |
| 2020 | 54.72 billion current LCU | -13.5% |
| 2021 | 74.07 billion current LCU | +35.4% |
| 2022 | 77.33 billion current LCU | +4.4% |
| 2023 | 75.85 billion current LCU | -1.9% |
| 2024 | 80.42 billion current LCU | +6.0% |
Peru compared with similar countries
- Peru's 80.42 billion current LCU is above the median for upper middle income countries, which is 48.82 billion current LCU, 1.6× the median. (55 countries reporting)
- Peru's 80.42 billion current LCU is above the median for Latin America & Caribbean, which is 10.36 billion current LCU, 7.8× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU) 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 |
|---|---|---|---|
| 1991 | +429889718.4% | 490.1 current LCU | 2.11 billion current LCU |
| 1977 | -1921.2% | 54.6 current LCU | -994.4 current LCU |
| 1979 | +196.3% | 165.4 current LCU | 490.1 current LCU |
| 1978 | +116.6% | -994.4 current LCU | 165.4 current LCU |
| 1992 | +93.3% | 2.11 billion current LCU | 4.07 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.56 current LCU | 4.05 current LCU | 21.3 current LCU | 10 |
| 1970s | -10.32 current LCU | -994.4 current LCU | 490.1 current LCU | 10 |
| 1990s | 10.34 billion current LCU | 2.11 billion current LCU | 15.65 billion current LCU | 9 |
| 2000s | 21.94 billion current LCU | 15.62 billion current LCU | 30.24 billion current LCU | 10 |
| 2010s | 49.84 billion current LCU | 35.24 billion current LCU | 63.29 billion current LCU | 10 |
| 2020s | 72.48 billion current LCU | 54.72 billion current LCU | 80.42 billion current LCU | 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)
- SDRs holdings, US dollar, annual growth rate 5.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 71.12 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3644 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0054 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 51.93 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.7 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0041 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Peru?
- Taxes less subsidies on products in Peru was 80.42 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Peru?
- The highest recorded value was 80.42 billion current LCU in 2024.
- What is the lowest taxes less subsidies on products recorded in Peru?
- The lowest recorded value was -994.4 current LCU in 1977.
- How does Peru rank for taxes less subsidies on products?
- Peru ranks 93rd out of 199 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Peru?
- Over the last ten years it is up 55.0%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.