Expense in Peru

Peru: Expense was 22.8% in 2021. ▲ Rising

Latest (2021)
22.8%
Change on year
down 15.1%
World rank
97th
of 157 countries
All-time high
26.9%
in 2020
All-time low
11.7%
in 1974
Years of data
50
1972–2021

Expense in Peru, 1972–2021

0102030197219962021

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Peru is 22.8%, measured in 2021.

The figure is down 15.1% on the previous year and up 29.6% over ten years.

Over the whole period, expense in Peru peaked at 26.9% in 2020 and was at its lowest, 11.7%, in 1974.

Peru ranks 97th of 157 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 50 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.5% 11.7% 15.7% 8
1980s 16.4% 13.0% 18.8% 10
1990s 16.8% 14.6% 19.5% 10
2000s 17.9% 17.1% 18.5% 10
2010s 19.3% 17.6% 20.7% 10
2020s 24.9% 22.8% 26.9% 2

Countries ranked near Peru

  1. 94 Senegal 23.6% compare
  2. 95 Micronesia (country) 23.4% compare
  3. 96 Azerbaijan 23.0% compare
  4. 98 Ghana 22.7% compare
  5. 99 Mexico 22.5% compare
  6. 100 Uzbekistan 22.3% compare

See the full ranking of 183 places →

More economy & growth data for Peru

All data for Peru →

Frequently asked questions

What is expense in Peru?
Expense in Peru was 22.8% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Peru?
The highest recorded value was 26.9% in 2020.
What is the lowest expense recorded in Peru?
The lowest recorded value was 11.7% in 1974.
How does Peru rank for expense?
Peru ranks 97th out of 157 countries with data for 2021.
Is expense rising or falling in Peru?
Over the last ten years it is up 29.6%. The long-run trend across the full record is rising.
Where does this Peru data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.