Government Spending in Peru decreased to 14530.82 PEN Million in the first quarter of 2021 from 23489.78 PEN Million in the fourth quarter of 2020. source: Central Reserve Bank of Peru

Government Spending in Peru averaged 8186.56 PEN Million from 1980 until 2021, 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 July of 2021.

Government Spending in Peru is expected to be 16415.00 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 24124.00 in 12 months time. In the long-term, the Peru Government Spending is projected to trend around 26244.00 PEN Million in 2022 and 27346.00 PEN Million in 2023, according to our econometric models.

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Peru Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
14530.82 23489.78 23489.78 3116.99 1980 - 2021 PEN Million Quarterly
Constant Prices 2007, NSA

Peru Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.40 27.10 49.00 20.00 percent of GDP [+]
Government Budget -8.90 -2.70 3.10 -8.90 percent of GDP [+]
Government Budget Value -1597.21 -508.03 4782.42 -15150.53 PEN Million [+]
Government Spending 14530.82 23489.78 23489.78 3116.99 PEN Million [+]
Government Revenues 11050.50 11901.90 15585.80 0.00 PEN Million [+]
Fiscal Expenditure 10032.90 9892.20 20781.00 0.00 PEN Million [+]
Military Expenditure 2720.00 2767.00 10265.00 807.00 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.