Taxes less subsidies on products in Peru
Peru: Taxes less subsidies on products was 80.42 billion current LCU in 2024. ◆ Volatile
Latest (2024)
80.42 billion current LCU
Change on year
up 6.0%
World rank
93rd
of 197 countries
All-time high
80.42 billion current LCU
in 2024
All-time low
-994.4 current LCU
in 1977
Years of data
54
1960–2024
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 197 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 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% |
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
- 90 Nicaragua 90.12 billion current LCU compare
- 91 Zimbabwe 86.16 billion current LCU compare
- 92 Hong Kong, China 83.34 billion current LCU compare
- 94 French Polynesia 79.03 billion current LCU compare
- 95 Afghanistan 76.03 billion current LCU compare
- 96 Somalia 71.94 billion current LCU compare
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)
- GNI, Atlas method (current US$), annual growth rate 13.07 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8705 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 8,430 current US$ per person (2025)
- GNI (current US$), annual growth rate 13.59 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9322 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 9,028 current US$ per person (2025)
- GNI (current LCU), annual growth rate 7.94 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 3.33 current LCU 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 197 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.