Government expenditure on education, constant US$ in Peru

Peru: Government expenditure on education, constant US$ was 8,622 millions in 2019. ▲ Rising

Latest (2019)
8,622 millions
Change on year
up 5.6%
World rank
42nd
of 167 countries
All-time high
8,622 millions
in 2019
All-time low
1,871 millions
in 1973
Years of data
24
1973–2019

Government expenditure on education, constant US$ in Peru, 1973–2019

2.0k4.0k6.0k8.0k1973199620191973: 1.9k millions1996: 2.6k millions1998: 2.9k millions1999: 3.1k millions2000: 2.9k millions2001: 2.8k millions2002: 2.7k millions2003: 3.0k millions2004: 3.1k millions2005: 3.2k millions2006: 3.2k millions2007: 3.4k millions2008: 4.1k millions2009: 4.5k millions2010: 4.5k millions2011: 4.4k millions2012: 5.2k millions2013: 6.2k millions2014: 7.1k millions2015: 7.9k millions2016: 7.8k millions2017: 8.3k millions2018: 8.2k millions2019: 8.6k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Peru recorded 8,622 millions for government expenditure on education, constant us$ in 2019. That is the highest value across all 24 years on record.

Compared with earlier readings it is up 5.6% on the previous year and up 89.7% over ten years.

Over the whole period, government expenditure on education, constant us$ in Peru peaked at 8,622 millions in 2019 and was at its lowest, 1,871 millions, in 1973.

Peru ranks 42nd of 167 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1,871 millions 1,871 millions 1,871 millions 1
1990s 2,832 millions 2,572 millions 3,056 millions 3
2000s 3,305 millions 2,729 millions 4,544 millions 10
2010s 6,816 millions 4,440 millions 8,622 millions 10

Countries ranked near Peru

  1. 39 Cuba 10,580 millions compare
  2. 40 Vietnam 9,986 millions compare
  3. 41 Greece 9,906 millions compare
  4. 43 Czechia 8,321 millions compare
  5. 44 Pakistan 8,080 millions compare
  6. 45 Singapore 7,850 millions compare

See the full ranking of 167 places →

More reference data data for Peru

All data for Peru →

Frequently asked questions

What is government expenditure on education, constant us$ in Peru?
Government expenditure on education, constant us$ in Peru was 8,622 millions in 2019, according to UNESCO Institute for Statistics.
What is the highest government expenditure on education, constant us$ recorded in Peru?
The highest recorded value was 8,622 millions in 2019.
What is the lowest government expenditure on education, constant us$ recorded in Peru?
The lowest recorded value was 1,871 millions in 1973.
How does Peru rank for government expenditure on education, constant us$?
Peru ranks 42nd out of 167 countries with data for 2019.
Is government expenditure on education, constant us$ rising or falling in Peru?
Over the last ten years it is up 89.7%. The long-run trend across the full record is rising.
Where does this Peru data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on education, constant US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 3,670 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on education (current, capital, and transfers) in millions US$ in constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to US$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant US$ values are expressed in 2014 prices. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/