Government Spending in Peru decreased to 13274.41 PEN Million in the first quarter of 2020 from 19301.67 PEN Million in the fourth quarter of 2019.

Government Spending in Peru averaged 7978.14 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 June of 2020. source: Central Reserve Bank of Peru

Government Spending in Peru is expected to be 13809.00 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 19904.00 in 12 months time. In the long-term, the Peru Government Spending is projected to trend around 20396.00 PEN Million in 2021 and 21069.00 PEN Million in 2022, according to our econometric models.

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Peru Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
13274.41 19301.67 20204.45 3116.99 1980 - 2020 PEN Million Quarterly
Constant Prices 2007, NSA

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 -3132.10 -3044.59 4782.42 -10722.80 PEN Million [+]
Government Spending 13274.41 19301.67 20204.45 3116.99 PEN Million [+]
Government Revenues 8218.20 8702.80 14088.70 0.00 PEN Million [+]
Fiscal Expenditure 10294.20 9990.30 14363.90 0.00 PEN Million [+]
Credit Rating 65.00 [+]
Military Expenditure 2689.00 2666.00 10089.00 793.00 USD Million [+]


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.