Peru recorded a Government Budget deficit equal to 8.90 percent of the country's Gross Domestic Product in 2020. source: Ministry of Economy and Finance of Peru

Government Budget in Peru averaged -1.26 percent of GDP from 1990 until 2020, 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. This page provides - Peru Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Government Budget - values, historical data and charts - was last updated on October of 2021.

Government Budget in Peru is expected to reach -9.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Government Budget is projected to trend around -3.50 percent of GDP in 2022 and -2.50 percent of GDP in 2023, according to our econometric models.

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Peru Government Budget


Peru Last Unit Reference Previous Highest Lowest
Government Debt to GDP 35.40 percent of GDP Dec/20 27.10 49.00 20.00
Government Budget -8.90 percent of GDP Dec/20 -2.70 3.10 -8.90


Peru Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.