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Peru Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-2.42% +1.12% (+31.6%)
Year 2025 Rank #73 Global Peak 3.35% (2007) Source IMF WEO

Peru Budget Deficit (2000–2025)

Overview

Peru's budget deficit stood at -2.42% in 2025, a rise of +1.12% from 2024. The IMF projects -2.42% by 2025. Peru ranked 73rd globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -1.15% - -
2029* IMF -1.31% - -
2028* IMF -1.53% - -
2027* IMF -1.79% - -
2026* IMF -2.17% - -
2025* IMF -2.42% - -
2025 -2.42% +1.12% #73
2024 -3.54% −0.76% #76
2023 -2.78% −1.40% #97
2022 -1.38% +1.11% #121
2021 -2.49% +5.67% #129
2020 -8.16% −6.79% #60
2019 -1.37% +0.58% #108
2018 -1.94% +0.85% #90
2017 -2.79% −0.67% #78
2016 -2.12% −0.10% #106
2015 -2.02% −1.83% #118
2014 -0.19% −0.94% #148
2013 0.75% −1.32% #162
2012 2.07% +0.02% #163
2011 2.05% +2.07% #166
Show all years (2000-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.0% GDP growth 3.3% C/A balance 2.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Peru matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Peru's budget deficit?

Peru's budget deficit was -2.42% in 2025. Ranked 73rd globally. This represents a 31.6% increase from the previous year.

What was the highest budget deficit in Peru?

Peru's budget deficit peaked at 3.35% in 2007.

What was the lowest budget deficit in Peru?

The lowest budget deficit in Peru was -8.16% in 2020.

How does Peru rank in budget deficit?

Peru ranks 73rd globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Peru in 2025?

Peru's budget deficit is projected to reach -2.42% by 2025 based on IMF projection.

What is the budget deficit of Peru in 2025?

The budget deficit of Peru in 2025 was -2.42%. This ranks 73rd in the world.

Cite this page

APA
Peru Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/peru/budget-deficit
BibTeX
@misc{historysaid_peru_budget-deficit, title = {Peru Budget Deficit}, url = {https://historysaid.com/peru/budget-deficit}, publisher = {HistorySaid}, year = {2026} }