Peru: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Peru

Fiscal balance, percent of GDP

 Latest value -2.82
 Year 2023
 Measure percent
 Data availability 1970 - 2023
 Average -3.68
 Min - Max -11.63 - 3.07
 Source Central Bank of Peru
For that indicator, we provide data for Peru from 1970 to 2023. The average value for Peru during that period was -3.68 percent with a minimum of -11.63 percent in 1983 and a maximum of 3.07 percent in 2007. The latest value from 2023 is -2.82 percent. For comparison, the world average in 2023 based on 112 countries is -3.16 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Peru - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Peru - Fiscal balance, percent of GDP - historical chart - 1970-2023




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 13.49 2022 percent
 Government spending, in dollars 36.59 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -2.82 2023 percent
 Government debt 32.95 2023 percent
 Government expenditure 33.44 Q3/2023 billion
 Tax revenue 16.11 2021 percent
 Commercial tax rate 36.80 2019 percent
 Tax preparation time 260 2019 hours
 Number of taxes 8 2019 taxes
 Taxes on goods and services 36.33 2021 percent
 Taxes on international trade 0.79 2021 percent
 Income and profits taxes 29.46 2021 percent
 Foreign aid 303.65 2021 million U.S. dollars
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