Taxes on goods and services in Peru
Peru: Taxes on goods and services was 9.1% in 2021. ▲ Rising
Taxes on goods and services in Peru, 1972–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
Peru recorded 9.1% for taxes on goods and services in 2021.
The figure is up 19.7% on the previous year and up 2.4% over ten years.
Over the whole period, taxes on goods and services in Peru peaked at 10.2% in 1994 and was at its lowest, 3.6%, in 1977.
That places Peru 84th out of 154 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 39 years of available data.
Taxes on goods and services in Peru, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1972 | 6.4% | — |
| 1973 | 5.3% | -17.4% |
| 1974 | 5.8% | +9.3% |
| 1975 | 6.2% | +6.5% |
| 1976 | 6.8% | +9.5% |
| 1977 | 3.6% | -47.1% |
| 1978 | 8.1% | +126.1% |
| 1979 | 8.6% | +6.4% |
| 1991 | 8.8% | +1.8% |
| 1992 | 9.3% | +5.7% |
| 1993 | 9.0% | -2.7% |
| 1994 | 10.2% | +13.1% |
| 1995 | 9.7% | -4.8% |
| 1996 | 9.6% | -1.2% |
| 1997 | 9.7% | +1.4% |
| 1998 | 9.6% | -1.0% |
| 1999 | 9.0% | -6.5% |
| 2000 | 8.7% | -3.4% |
| 2001 | 8.5% | -2.7% |
| 2002 | 8.8% | +3.9% |
| 2003 | 9.3% | +5.5% |
| 2004 | 9.2% | -0.5% |
| 2005 | 8.9% | -3.5% |
| 2006 | 8.7% | -2.7% |
| 2007 | 8.9% | +2.7% |
| 2008 | 9.3% | +4.7% |
| 2009 | 8.9% | -4.4% |
| 2010 | 9.4% | +5.7% |
| 2011 | 8.9% | -5.2% |
| 2012 | 8.9% | +0.4% |
| 2013 | 9.2% | +2.7% |
| 2014 | 9.4% | +2.0% |
| 2015 | 9.0% | -4.5% |
| 2016 | 7.7% | -13.8% |
| 2017 | 7.5% | -2.9% |
| 2018 | 8.2% | +9.6% |
| 2019 | 8.3% | +1.6% |
| 2020 | 7.6% | -8.6% |
| 2021 | 9.1% | +19.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.3% | 3.6% | 8.6% | 8 |
| 1990s | 9.4% | 8.8% | 10.2% | 9 |
| 2000s | 8.9% | 8.5% | 9.3% | 10 |
| 2010s | 8.7% | 7.5% | 9.4% | 10 |
| 2020s | 8.4% | 7.6% | 9.1% | 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 taxes on goods and services in Peru?
- Taxes on goods and services in Peru was 9.1% 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 10.2% in 1994.
- What is the lowest taxes on goods and services recorded in Peru?
- The lowest recorded value was 3.6% in 1977.
- How does Peru rank for taxes on goods and services?
- Peru ranks 84th out of 154 countries with data for 2021.
- Is taxes on goods and services rising or falling in Peru?
- Over the last ten years it is up 2.4%. The long-run trend across the full record is rising.
- 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 (% value added of industry and services). 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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.