Goods and services expense in Peru
Peru: Goods and services expense was 19.6% in 2021. ▼ Falling
Goods and services expense in Peru, 1972–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Peru recorded 19.6% for goods and services expense in 2021.
The figure is up 17.7% on the previous year and down 1.6% over ten years.
Over the whole period, goods and services expense in Peru peaked at 27.3% in 1976 and was at its lowest, 12.9%, in 1990.
That places Peru 46th out of 154 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 38 years of available data.
Goods and services expense in Peru, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 26.7% | — |
| 1973 | 25.0% | -6.3% |
| 1974 | 27.0% | +7.9% |
| 1975 | 23.7% | -12.3% |
| 1976 | 27.3% | +15.6% |
| 1977 | 24.7% | -9.7% |
| 1990 | 12.9% | -47.6% |
| 1991 | 15.3% | +18.5% |
| 1992 | 13.6% | -11.6% |
| 1993 | 15.3% | +13.0% |
| 1994 | 18.6% | +21.4% |
| 1995 | 20.2% | +8.9% |
| 1996 | 23.5% | +16.0% |
| 1997 | 21.3% | -9.3% |
| 1998 | 23.7% | +11.0% |
| 1999 | 22.1% | -6.7% |
| 2000 | 22.8% | +3.3% |
| 2001 | 23.5% | +3.2% |
| 2002 | 21.2% | -10.0% |
| 2003 | 20.9% | -1.3% |
| 2004 | 21.1% | +1.0% |
| 2005 | 20.5% | -3.0% |
| 2006 | 20.6% | +0.5% |
| 2007 | 19.1% | -7.3% |
| 2008 | 17.9% | -6.0% |
| 2009 | 20.4% | +13.5% |
| 2010 | 21.3% | +4.5% |
| 2011 | 19.9% | -6.4% |
| 2012 | 20.4% | +2.3% |
| 2013 | 20.3% | -0.4% |
| 2014 | 20.6% | +1.4% |
| 2015 | 23.2% | +12.6% |
| 2016 | 22.3% | -3.6% |
| 2017 | 20.4% | -8.5% |
| 2018 | 19.6% | -4.0% |
| 2019 | 20.0% | +2.1% |
| 2020 | 16.6% | -16.8% |
| 2021 | 19.6% | +17.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.7% | 23.7% | 27.3% | 6 |
| 1990s | 18.7% | 12.9% | 23.7% | 10 |
| 2000s | 20.8% | 17.9% | 23.5% | 10 |
| 2010s | 20.8% | 19.6% | 23.2% | 10 |
| 2020s | 18.1% | 16.6% | 19.6% | 2 |
Countries ranked near Peru
- 43 Costa Rica 20.8% compare
- 44 Cape Verde 20.5% compare
- 45 Somalia 19.9% compare
- 47 Saint Lucia 19.5% compare
- 48 Maldives 19.4% compare
- 49 Malta 19.4% compare
More public sector data for Peru
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 74.97 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0088 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -22.47 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 17.19 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Peru?
- Goods and services expense in Peru was 19.6% 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 27.3% in 1976.
- What is the lowest goods and services expense recorded in Peru?
- The lowest recorded value was 12.9% in 1990.
- How does Peru rank for goods and services expense?
- Peru ranks 46th out of 154 countries with data for 2021.
- Is goods and services expense rising or falling in Peru?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is falling.
- 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 (% of expense). Statizoid updates them automatically from the source API.
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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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.