Goods and services expense (current LCU) in Peru
Peru: Goods and services expense (current LCU) was 39.31 billion current LCU in 2021. ◆ Volatile
Goods and services expense in Peru, 1972–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2021, goods and services expense in Peru stood at 39.31 billion current LCU. That is the highest value across all 38 years on record.
That represents a change of up 24.7% on the previous year and up 136.7% over ten years.
Over the whole period, goods and services expense in Peru peaked at 39.31 billion current LCU in 2021 and was at its lowest, 12 current LCU, in 1972.
That places Peru 75th out of 155 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense (current LCU) in Peru, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 12 current LCU | — |
| 1973 | 14 current LCU | +16.7% |
| 1974 | 17 current LCU | +21.4% |
| 1975 | 22 current LCU | +29.4% |
| 1976 | 35 current LCU | +59.1% |
| 1977 | 40 current LCU | +14.3% |
| 1990 | 137.69 million current LCU | +344224900.0% |
| 1991 | 597.00 million current LCU | +333.6% |
| 1992 | 1.05 billion current LCU | +75.2% |
| 1993 | 1.62 billion current LCU | +55.4% |
| 1994 | 2.83 billion current LCU | +74.1% |
| 1995 | 4.26 billion current LCU | +50.6% |
| 1996 | 5.43 billion current LCU | +27.4% |
| 1997 | 5.48 billion current LCU | +1.0% |
| 1998 | 6.51 billion current LCU | +18.6% |
| 1999 | 6.68 billion current LCU | +2.6% |
| 2000 | 7.58 billion current LCU | +13.5% |
| 2001 | 7.84 billion current LCU | +3.4% |
| 2002 | 7.19 billion current LCU | -8.3% |
| 2003 | 7.59 billion current LCU | +5.6% |
| 2004 | 8.37 billion current LCU | +10.3% |
| 2005 | 9.25 billion current LCU | +10.6% |
| 2006 | 10.21 billion current LCU | +10.3% |
| 2007 | 11.07 billion current LCU | +8.4% |
| 2008 | 11.28 billion current LCU | +1.9% |
| 2009 | 13.70 billion current LCU | +21.5% |
| 2010 | 15.80 billion current LCU | +15.4% |
| 2011 | 16.61 billion current LCU | +5.1% |
| 2012 | 18.54 billion current LCU | +11.6% |
| 2013 | 20.91 billion current LCU | +12.8% |
| 2014 | 24.05 billion current LCU | +15.0% |
| 2015 | 28.79 billion current LCU | +19.7% |
| 2016 | 27.74 billion current LCU | -3.6% |
| 2017 | 28.31 billion current LCU | +2.0% |
| 2018 | 28.52 billion current LCU | +0.8% |
| 2019 | 31.50 billion current LCU | +10.4% |
| 2020 | 31.52 billion current LCU | +0.1% |
| 2021 | 39.31 billion current LCU | +24.7% |
Peru compared with similar countries
- Peru's 39.31 billion current LCU is above the median for upper middle income countries, which is 38.49 billion current LCU, 1.0× the median. (46 countries reporting)
- Peru's 39.31 billion current LCU is above the median for Latin America & Caribbean, which is 14.98 billion current LCU, 2.6× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense (current LCU) in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +344224900.0% | 40 current LCU | 137.69 million current LCU |
| 1991 | +333.6% | 137.69 million current LCU | 597.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.33 current LCU | 12 current LCU | 40 current LCU | 6 |
| 1990s | 3.46 billion current LCU | 137.69 million current LCU | 6.68 billion current LCU | 10 |
| 2000s | 9.41 billion current LCU | 7.19 billion current LCU | 13.70 billion current LCU | 10 |
| 2010s | 24.08 billion current LCU | 15.80 billion current LCU | 31.50 billion current LCU | 10 |
| 2020s | 35.42 billion current LCU | 31.52 billion current LCU | 39.31 billion current LCU | 2 |
Countries ranked near Peru
More public sector data for Peru
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 90.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.1169 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -81.82 % change on previous year (2024)
Frequently asked questions
- What is goods and services expense in Peru?
- Goods and services expense in Peru was 39.31 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Peru?
- The highest recorded value was 39.31 billion current LCU in 2021.
- What is the lowest goods and services expense recorded in Peru?
- The lowest recorded value was 12 current LCU in 1972.
- How does Peru rank for goods and services expense?
- Peru ranks 75th out of 155 countries with data for 2021.
- Is goods and services expense rising or falling in Peru?
- Over the last ten years it is up 136.7%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.