Peru recorded a Government Budget deficit equal to 1.70 percent of the country's Gross Domestic Product in 2022. Government Budget in Peru averaged -1.24 percent of GDP from 1990 until 2022, 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 -1.50 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Government Budget is projected to trend around -1.24 percent of GDP in 2025 and -1.00 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Credit Rating 60.00 Jan 2025
Fiscal Expenditure 20063.00 12892.70 PEN Million Dec 2024
Government Budget -1.70 -2.50 percent of GDP Dec 2022
Government Budget Value -11671.00 -871.90 PEN Million Dec 2024
Government Debt to GDP 33.00 34.00 percent of GDP Dec 2023
Government Revenues 16290.00 16005.90 PEN Million Dec 2024
Government Spending 20610.00 19601.00 PEN Million Sep 2024
Holidays
Military Expenditure 3000.80 2799.20 USD Million Dec 2023

Peru Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-1.70 -2.50 3.10 -8.90 1990 - 2022 percent of GDP Yearly