Taxes on goods and services in Peru
Peru: Taxes on goods and services was 36.3% in 2021. ▼ Falling
Taxes on goods and services in Peru, 1972–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Peru recorded 36.3% for taxes on goods and services in 2021.
That represents a change of up 5.1% on the previous year and up 0.5% over ten years.
Over the whole period, taxes on goods and services in Peru peaked at 55.4% in 1985 and was at its lowest, 32.7%, in 1972.
Peru ranks 51st of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 50 years of available data.
Taxes on goods and services in Peru, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 32.7% | — |
| 1973 | 32.7% | +0.0% |
| 1974 | 35.8% | +9.6% |
| 1975 | 36.0% | +0.4% |
| 1976 | 41.2% | +14.7% |
| 1977 | 41.5% | +0.7% |
| 1978 | 46.4% | +11.8% |
| 1979 | 41.4% | -10.8% |
| 1980 | 37.2% | -10.1% |
| 1981 | 41.3% | +11.0% |
| 1982 | 47.1% | +14.0% |
| 1983 | 51.7% | +9.8% |
| 1984 | 47.3% | -8.6% |
| 1985 | 55.4% | +17.1% |
| 1986 | 47.0% | -15.1% |
| 1987 | 52.2% | +11.1% |
| 1988 | 50.9% | -2.5% |
| 1989 | 54.5% | +7.1% |
| 1990 | 49.9% | -8.4% |
| 1991 | 53.2% | +6.5% |
| 1992 | 50.7% | -4.7% |
| 1993 | 48.9% | -3.5% |
| 1994 | 50.2% | +2.7% |
| 1995 | 45.6% | -9.2% |
| 1996 | 42.5% | -6.7% |
| 1997 | 42.9% | +0.8% |
| 1998 | 41.8% | -2.4% |
| 1999 | 41.7% | -0.3% |
| 2000 | 40.0% | -4.2% |
| 2001 | 40.7% | +1.9% |
| 2002 | 43.6% | +7.0% |
| 2003 | 44.5% | +2.1% |
| 2004 | 44.8% | +0.5% |
| 2005 | 40.5% | -9.6% |
| 2006 | 36.7% | -9.4% |
| 2007 | 35.9% | -2.2% |
| 2008 | 37.1% | +3.5% |
| 2009 | 39.3% | +5.8% |
| 2010 | 39.1% | -0.6% |
| 2011 | 36.2% | -7.5% |
| 2012 | 35.1% | -3.0% |
| 2013 | 35.9% | +2.3% |
| 2014 | 36.0% | +0.4% |
| 2015 | 37.9% | +5.1% |
| 2016 | 35.4% | -6.6% |
| 2017 | 35.1% | -0.8% |
| 2018 | 36.2% | +3.1% |
| 2019 | 35.3% | -2.5% |
| 2020 | 34.6% | -2.1% |
| 2021 | 36.3% | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38.5% | 32.7% | 46.4% | 8 |
| 1980s | 48.4% | 37.2% | 55.4% | 10 |
| 1990s | 46.7% | 41.7% | 53.2% | 10 |
| 2000s | 40.3% | 35.9% | 44.8% | 10 |
| 2010s | 36.2% | 35.1% | 39.1% | 10 |
| 2020s | 35.4% | 34.6% | 36.3% | 2 |
Countries ranked near Peru
- 48 Tanzania, United Republic of 37.5% compare
- 49 Hungary 37.1% compare
- 50 El Salvador 37.0% compare
- 52 Cape Verde 36.2% compare
- 53 Paraguay 36.1% compare
- 54 Seychelles 36.0% 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 taxes on goods and services in Peru?
- Taxes on goods and services in Peru was 36.3% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Peru?
- The highest recorded value was 55.4% in 1985.
- What is the lowest taxes on goods and services recorded in Peru?
- The lowest recorded value was 32.7% in 1972.
- How does Peru rank for taxes on goods and services?
- Peru ranks 51st out of 156 countries with data for 2021.
- Is taxes on goods and services rising or falling in Peru?
- Over the last ten years it is up 0.5%. 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 Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.