Peru recorded a Government Budget deficit equal to 3.20 percent of the country's Gross Domestic Product in 2024. Government Budget in Peru averaged -1.33 percent of GDP from 1990 until 2024, reaching an all time high of 3.10 percent of GDP in 2007 and a record low of -8.90 percent of GDP in 2020. source: Ministry of Economy and Finance of Peru
Government Budget in Peru is expected to reach -2.80 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Government Budget is projected to trend around -2.30 percent of GDP in 2026 and -2.00 percent of GDP in 2027, according to our econometric models.