Government Spending in Peru increased to 17867.95 PEN Million in the third quarter of 2021 from 16719.29 PEN Million in the second quarter of 2021. source: Central Reserve Bank of Peru

Government Spending in Peru averaged 8295.63 PEN Million from 1980 until 2021, reaching an all time high of 23489.78 PEN Million in the fourth quarter of 2020 and a record low of 3116.99 PEN Million in the third quarter of 1990. This page provides - Peru Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Government Spending - values, historical data and charts - was last updated on January of 2022.

Government Spending in Peru is expected to be 24194.00 PEN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Government Spending is projected to trend around 25162.00 PEN Million in 2022 and 26043.00 PEN Million in 2023, according to our econometric models.

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Peru Government Spending


Related Last Previous Unit Reference
Government Budget Value -12472.46 -426.61 PEN Million Dec/21
Government Spending 17867.95 16719.29 PEN Million Sep/21
Government Revenues 15098.00 14687.10 PEN Million Dec/21
Fiscal Expenditure 20564.70 12202.20 PEN Million Dec/21
Peru Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.