Government Spending in Peru increased to 14858.05 PEN Million in the third quarter of 2019 from 14307.38 PEN Million in the second quarter of 2019. Government Spending in Peru averaged 7887.99 PEN Million from 1980 until 2019, 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. source: Central Reserve Bank of Peru

Government Spending in Peru is expected to be 12915.00 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 15423.00 in 12 months time. In the long-term, the Peru Government Spending is projected to trend around 16601.00 PEN Million in 2020, according to our econometric models.

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Peru Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
14858.05 14307.38 20204.45 3116.99 1980 - 2019 PEN Million Quarterly
Constant Prices 2007, NSA

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.

Peru Government Last Previous Highest Lowest Unit
Government Debt to GDP 26.80 25.40 49.00 20.00 percent [+]
Government Budget -3.50 -3.20 3.10 -8.11 percent of GDP [+]
Government Budget Value -8828.77 -1386.64 4782.42 -10722.80 PEN Million [+]
Government Spending 14858.05 14307.38 20204.45 3116.99 PEN Million [+]
Government Revenues 10742.30 10586.30 14088.70 0.00 PEN Million [+]
Fiscal Expenditure 14248.50 9283.00 14363.90 0.00 PEN Million [+]
Credit Rating 65.00 [+]
Military Expenditure 2689.00 2666.00 10089.00 793.00 USD Million [+]