Government Spending in Peru increased to 15334.51 PEN Million in the third quarter of 2020 from 13513.08 PEN Million in the second quarter of 2020. source: Central Reserve Bank of Peru

Government Spending in Peru averaged 8056.84 PEN Million from 1980 until 2020, reaching an all time high of 20204.45 PEN Million in the fourth quarter of 2015 and a record low of 3116.99 PEN Million in the third quarter of 1990. This page provides - Peru Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Government Spending - values, historical data and charts - was last updated on December of 2020.

Government Spending in Peru is expected to be 17372.00 PEN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Peru to stand at 15540.00 in 12 months time. In the long-term, the Peru Government Spending is projected to trend around 18848.00 PEN Million in 2021 and 19470.00 PEN Million in 2022, according to our econometric models.

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Peru Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
15334.51 13513.08 20204.45 3116.99 1980 - 2020 PEN Million Quarterly
Constant Prices 2007, NSA

Peru Government Last Previous Highest Lowest Unit
Government Debt to GDP 27.50 25.80 49.00 20.00 percent [+]
Government Budget -2.70 -3.00 3.10 -8.11 percent of GDP [+]
Government Budget Value -8622.89 -5924.01 4782.42 -10722.80 PEN Million [+]
Government Spending 15334.51 13513.08 20204.45 3116.99 PEN Million [+]
Government Revenues 8698.60 7825.50 14092.80 0.00 PEN Million [+]
Fiscal Expenditure 14395.50 10750.40 14955.90 0.00 PEN Million [+]
Military Expenditure 2689.00 2666.00 10089.00 793.00 USD Million [+]
Credit Rating 65.00 [+]

Peru Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.