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Peru Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS

22.85% −4.06% (-15.1%)
Year 2021 Rank #42 Global Peak 26.91% (2020) Source World Bank

Peru Government Spending (1972–2021)

Overview

Peru's government spending stood at 22.85% in 2021, a decline of +4.06% from 2020. Peru ranked 42nd globally.

Data & projection

Year Government Spending YoY change Rank
2021 22.85% −4.06% #42
2020 26.91% +6.24% #59
2019 20.66% +0.77% #48
2018 19.89% −0.26% #49
2017 20.15% +0.96% #53
2016 19.19% −1.38% #49
2015 20.57% +0.06% #50
2014 20.51% +1.55% #48
2013 18.96% +1.04% #42
2012 17.92% +0.29% #38
2011 17.63% −0.19% #33
2010 17.82% −0.66% #35
2009 18.48% +0.66% #35
2008 17.82% −0.32% #31
2007 18.14% +1.07% #35
Show all years (1972-2021)

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 government spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Peru's government spending?

Peru's government spending was 22.85% in 2021. Ranked 42nd globally. This represents a 15.1% decrease from the previous year.

What was the highest government spending in Peru?

Peru's government spending peaked at 26.91% in 2020.

What was the lowest government spending in Peru?

The lowest government spending in Peru was 11.75% in 1974.

How does Peru rank in government spending?

Peru ranks 42nd globally in government spending as of 2021.

What is the World Bank indicator code for government spending?

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

What is the government spending of Peru in 2021?

The government spending of Peru in 2021 was 22.85%. This ranks 42nd in the world.

Cite this page

APA
Peru Government Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/peru/government-spending
BibTeX
@misc{historysaid_peru_government-spending, title = {Peru Government Spending}, url = {https://historysaid.com/peru/government-spending}, publisher = {HistorySaid}, year = {2026} }