Peru Government Spending
Government expenditure as % of GDP GC.XPN.TOTL.GD.ZS
Peru's government spending was 22.85% in 2021, ranked 42nd globally. This represents a 15.1% decrease from 2020. Data from World Bank, covering 1972–2021.
Overview
Peru's government spending stood at 22.85% in 2021, a decline of +4.06% from 2020. Peru ranked 42nd globally.
Peru's government spending as a percentage of GDP has exhibited a significant upward trend over the past five decades, with a notable peak in 2020 at 26.91%. This represents a substantial increase from the country's all-time trough of 11.75% in 1974, a year marked by economic instability and political upheaval. In comparison, Canada, a peer country with a similar ranking, has maintained a relatively stable government spending ratio, currently standing at 22.50%. Peru's government spending has also surpassed that of Argentina, another peer country, which stands at 22.90%. As of 2021, Peru's government spending ratio stood at 22.85%, indicating a slight decrease from the peak in 2020. This trend may be influenced by the country's ongoing efforts to recover from the economic impact of the COVID-19 pandemic, and a potential shift in government priorities may alter the trajectory of government spending in the coming years.
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 |
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 spending improve within 24 months. View full analysis →
Frequently Asked Questions
Peru's government spending was 22.85% in 2021. Ranked 42nd globally. This represents a 15.1% decrease from the previous year.
Peru's government spending peaked at 26.91% in 2020.
The lowest government spending in Peru was 11.75% in 1974.
Peru ranks 42nd globally in government spending as of 2021.
The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.
The government spending of Peru in 2021 was 22.85%. This ranks 42nd in the world.
Cite this page
@misc{historysaid_peru_government-spending,
title = {Peru Government Spending},
url = {https://historysaid.com/peru/government-spending/},
publisher = {HistorySaid},
year = {2026}
}