Government Spending in Peru increased to 16302.80 PEN Million in the second quarter of 2022 from 16293.09 PEN Million in the first quarter of 2022. source: Central Reserve Bank of Peru

Government Spending in Peru averaged 8476.12 PEN Million from 1980 until 2022, reaching an all time high of 23489.78 PEN Million in the fourth quarter of 2020 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 September of 2022.

Government Spending in Peru is expected to be 18172.00 PEN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Government Spending is projected to trend around 23902.00 PEN Million in 2023 and 24620.00 PEN Million in 2024, according to our econometric models.

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Peru Government Spending

Related Last Previous Unit Reference
Government Budget Value -5713.26 -7588.08 PEN Million Aug 2022
Government Spending 16302.80 16293.09 PEN Million Jun 2022
Government Revenues 14628.60 12724.40 PEN Million Aug 2022
Fiscal Expenditure 16329.20 17022.00 PEN Million Aug 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
16302.80 16293.09 23489.78 3116.99 1980 - 2022 PEN Million Quarterly
Constant Prices 2007, NSA