Net incurrence of liabilities, total in Peru
Peru: Net incurrence of liabilities, total was 6.0% in 2021. ◆ Volatile
Net incurrence of liabilities, total in Peru, 1995–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2021, net incurrence of liabilities, total in Peru stood at 6.0%. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 33.7% on the previous year and up 2,434.7% over ten years.
Over the whole period, net incurrence of liabilities, total in Peru peaked at 6.0% in 2021 and was at its lowest, -1.7%, in 2017.
Peru ranks 27th of 136 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Peru, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 3.9% | — |
| 1996 | 2.3% | -42.7% |
| 1997 | 1.4% | -38.2% |
| 1998 | 1.5% | +10.4% |
| 1999 | 1.5% | -0.1% |
| 2000 | 2.3% | +51.6% |
| 2001 | 3.2% | +34.9% |
| 2002 | 5.7% | +79.8% |
| 2003 | 2.0% | -64.5% |
| 2004 | 2.2% | +7.3% |
| 2005 | 0.8% | -64.1% |
| 2006 | 0.0% | -97.1% |
| 2007 | 0.1% | +223.7% |
| 2008 | -1.0% | -1472.2% |
| 2009 | 0.8% | -183.9% |
| 2010 | -1.2% | -236.6% |
| 2011 | 0.2% | -120.5% |
| 2012 | 0.5% | +102.1% |
| 2013 | -1.1% | -331.0% |
| 2014 | -0.9% | -15.2% |
| 2015 | 1.2% | -232.6% |
| 2016 | -0.9% | -175.2% |
| 2017 | -1.7% | +84.1% |
| 2018 | -1.1% | -35.7% |
| 2019 | -1.3% | +17.8% |
| 2020 | 4.5% | -444.2% |
| 2021 | 6.0% | +33.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.1% | 1.4% | 3.9% | 5 |
| 2000s | 1.6% | -1.0% | 5.7% | 10 |
| 2010s | -0.6% | -1.7% | 1.2% | 10 |
| 2020s | 5.2% | 4.5% | 6.0% | 2 |
Countries ranked near Peru
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 net incurrence of liabilities, total in Peru?
- Net incurrence of liabilities, total in Peru was 6.0% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Peru?
- The highest recorded value was 6.0% in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Peru?
- The lowest recorded value was -1.7% in 2017.
- How does Peru rank for net incurrence of liabilities, total?
- Peru ranks 27th out of 136 countries with data for 2021.
- Is net incurrence of liabilities, total rising or falling in Peru?
- Over the last ten years it is up 2,434.7%. 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.