Net incurrence of liabilities, total (% of GDP) in Peru
Peru: Net incurrence of liabilities, total (% of GDP) 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 28th 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 (% of GDP) 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% |
Peru compared with similar countries
- Peru's 6.0% is above the median for upper middle income countries, which is 2.9%, 2.1× the median. (47 countries reporting)
- Peru's 6.0% is above the median for Latin America & Caribbean, which is 2.7%, 2.2× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (% of GDP) 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 |
|---|---|---|---|
| 2008 | -1472.2% | 0.1% | -1.0% |
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
- 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 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 28th 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.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.