Goods and services expense in Peru
Peru: Goods and services expense was 39.31 billion current LCU in 2021. ◆ Volatile
Goods and services expense in Peru, 1972–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2021, goods and services expense in Peru stood at 39.31 billion current LCU. That is the highest value across all 38 years on record.
That represents a change of up 24.7% on the previous year and up 136.7% over ten years.
Over the whole period, goods and services expense in Peru peaked at 39.31 billion current LCU in 2021 and was at its lowest, 12 current LCU, in 1972.
That places Peru 74th out of 155 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.33 current LCU | 12 current LCU | 40 current LCU | 6 |
| 1990s | 3.46 billion current LCU | 137.69 million current LCU | 6.68 billion current LCU | 10 |
| 2000s | 9.41 billion current LCU | 7.19 billion current LCU | 13.70 billion current LCU | 10 |
| 2010s | 24.08 billion current LCU | 15.80 billion current LCU | 31.50 billion current LCU | 10 |
| 2020s | 35.42 billion current LCU | 31.52 billion current LCU | 39.31 billion current LCU | 2 |
Countries ranked near Peru
More public sector data for Peru
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Tax revenue 15.9% (2021)
- Taxes on income, profits and capital gains 29.5% (2021)
- Taxes on goods and services 36.3% (2021)
- Net investment in nonfinancial assets 1.6% (2021)
- Net lending (+) / net borrowing (-) -3.2% (2021)
- Interest payments 6.6% (2021)
- Grants and other revenue 15.2% (2021)
- Interest payments 6.1% (2021)
- Other taxes 8.5% (2021)
Frequently asked questions
- What is goods and services expense in Peru?
- Goods and services expense in Peru was 39.31 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Peru?
- The highest recorded value was 39.31 billion current LCU in 2021.
- What is the lowest goods and services expense recorded in Peru?
- The lowest recorded value was 12 current LCU in 1972.
- How does Peru rank for goods and services expense?
- Peru ranks 74th out of 155 countries with data for 2021.
- Is goods and services expense rising or falling in Peru?
- Over the last ten years it is up 136.7%. The long-run trend across the full record is volatile.
- 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.