Government Spending in Peru increased to 14858.05 PEN Million in the third quarter of 2019 from 14307.38 PEN Million in the second quarter of 2019. Peru Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Peru averaged 7887.99 PEN Million from 1980 until 2019, reaching an all time high of 20204.45 PEN Million in the fourth quarter of 2015 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. source: Central Reserve Bank of Peru

Government Spending in Peru is expected to be 12915.00 PEN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Peru to stand at 15408.00 in 12 months time. In the long-term, the Peru Government Spending is projected to trend around 15932.00 PEN Million in 2021 and 16521.00 PEN Million in 2022, according to our econometric models.

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Peru Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
14858.05 14307.38 20204.45 3116.99 1980 - 2019 PEN Million Quarterly
Constant Prices 2007, NSA

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.