Taxes less subsidies on products in Peru
Peru: Taxes less subsidies on products was 21.42 billion current US$ in 2024. ◆ Volatile
Taxes less subsidies on products in Peru, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Peru recorded 21.42 billion current US$ for taxes less subsidies on products in 2024. That is the highest value across all 54 years on record.
That represents a change of up 5.7% on the previous year and up 17.2% over ten years.
Over the whole period, taxes less subsidies on products in Peru peaked at 21.42 billion current US$ in 2024 and was at its lowest, -11.81 billion current US$, in 1977.
That places Peru 43rd out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 344.06 million current US$ | 148.31 million current US$ | 550.39 million current US$ | 10 |
| 1970s | -295.63 million current US$ | -11.81 billion current US$ | 2.18 billion current US$ | 10 |
| 1990s | 4.40 billion current US$ | 2.71 billion current US$ | 5.57 billion current US$ | 9 |
| 2000s | 6.76 billion current US$ | 4.45 billion current US$ | 10.04 billion current US$ | 10 |
| 2010s | 16.45 billion current US$ | 12.48 billion current US$ | 18.97 billion current US$ | 10 |
| 2020s | 19.32 billion current US$ | 15.66 billion current US$ | 21.42 billion current US$ | 5 |
Countries ranked near Peru
More economy & growth data for Peru
- DEC alternative conversion factor 3.57 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 28.34 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 7.94 billion current US$ (2025)
- Taxes less subsidies on products 80.42 billion current LCU (2024)
- Net primary income (Net income from abroad) -80.95 billion current LCU (2025)
- Net primary income (Net income from abroad) -22.69 billion current US$ (2025)
- GNI per capita 32,204 current LCU (2025)
- GNI per capita, Atlas method 8,430 current US$ (2025)
- GNI 1.11 trillion current LCU (2025)
- GNI 312.16 billion current US$ (2025)
Frequently asked questions
- What is taxes less subsidies on products in Peru?
- Taxes less subsidies on products in Peru was 21.42 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Peru?
- The highest recorded value was 21.42 billion current US$ in 2024.
- What is the lowest taxes less subsidies on products recorded in Peru?
- The lowest recorded value was -11.81 billion current US$ in 1977.
- How does Peru rank for taxes less subsidies on products?
- Peru ranks 43rd out of 198 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Peru?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.