Peru Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Peru's government debt to gdp was 32.13% in 2025, ranked 145th globally. This represents a 0.1% decrease from 2024. Data from IMF WEO, covering 2000–2025.
Overview
Peru's government debt to gdp stood at 32.13% in 2025, a decline of +0.03% from 2024. The IMF projects 32.13% by 2025. Peru ranked 145th globally.
Peru's government debt to GDP ratio demonstrates a significant decline from its all-time peak of 49.38 in 2003 to a trough of 19.90 in 2013, reflecting the country's efforts to stabilize its finances during the 2000s. However, the ratio has since increased, reaching 32.13 in 2025, which places Peru at the 145th position globally. This recent uptick is comparable to Ireland's current ratio of 33.00, a peer country with a similar trajectory. The fluctuations in Peru's debt-to-GDP ratio are largely influenced by the country's historical economic instability and the impact of global economic trends. While the ratio remains within manageable levels, Peru's government debt still poses a challenge, particularly in the context of its ongoing economic development. A sustained economic growth, coupled with prudent fiscal policies, would likely contribute to a decrease in the debt-to-GDP ratio, allowing Peru to further stabilize its finances and enhance its economic resilience.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 35.24% | - | - |
| 2029* IMF | 34.86% | - | - |
| 2028* IMF | 34.90% | - | - |
| 2027* IMF | 34.27% | - | - |
| 2026* IMF | 33.64% | - | - |
| 2025* IMF | 32.13% | - | - |
| 2025 | 32.13% | −0.03% | #145 |
| 2024 | 32.15% | −0.28% | #34 |
| 2023 | 32.43% | −1.05% | #38 |
| 2022 | 33.48% | −2.07% | #37 |
| 2021 | 35.54% | +1.26% | #30 |
| 2020 | 34.29% | +7.79% | #30 |
| 2019 | 26.50% | +0.81% | #29 |
| 2018 | 25.69% | +0.89% | #29 |
| 2017 | 24.80% | +0.87% | #31 |
| 2016 | 23.93% | +0.24% | #29 |
| 2015 | 23.69% | +3.23% | #29 |
| 2014 | 20.46% | +0.56% | #28 |
| 2013 | 19.90% | −0.76% | #32 |
| 2012 | 20.66% | −2.45% | #40 |
| 2011 | 23.11% | −2.00% | #45 |
Detected Pattern
Analysis
Peru matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Peru's government debt to gdp was 32.13% in 2025. Ranked 145th globally. This represents a 0.1% decrease from the previous year.
Peru's government debt to gdp peaked at 49.38% in 2003.
The lowest government debt to gdp in Peru was 19.90% in 2013.
Peru ranks 145th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Peru's government debt to gdp is projected to reach 32.13% by 2025 based on IMF projection.
The government debt to gdp of Peru in 2025 was 32.13%. This ranks 145th in the world.
Cite this page
@misc{historysaid_peru_government-debt-to-gdp,
title = {Peru Government Debt to GDP},
url = {https://historysaid.com/peru/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}