Government Spending in Peru increased to 16719.29 PEN Million in the second quarter of 2021 from 14530.82 PEN Million in the first quarter of 2021. source: Central Reserve Bank of Peru

Government Spending in Peru averaged 8237.97 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 November of 2021.

Government Spending in Peru is expected to be 24429.00 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 25749.00 PEN Million in 2022 and 26830.00 PEN Million in 2023, according to our econometric models.

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Peru Government Spending

Related Last Previous Unit Reference
Government Budget Value -4224.36 -4265.51 PEN Million Oct/21
Government Spending 16719.29 14530.82 PEN Million Jun/21
Government Revenues 12300.50 12588.70 PEN Million Oct/21
Fiscal Expenditure 13231.40 13758.20 PEN Million Oct/21
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.