Government expenditure on tertiary education, constant US$ in Peru

Peru: Government expenditure on tertiary education, constant US$ was 1,561 millions in 2019. ▲ Rising

Latest (2019)
1,561 millions
Change on year
up 21.2%
World rank
46th
of 153 countries
All-time high
1,561 millions
in 2019
All-time low
317.43 millions
in 1973
Years of data
21
1973–2019

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

2505007501.0k1.2k1.5k1973199620191973: 317.4 millions1996: 482.6 millions1998: 583.4 millions2002: 337.7 millions2003: 392.2 millions2004: 434.4 millions2005: 343.1 millions2006: 462.6 millions2007: 470.2 millions2008: 644.9 millions2009: 653.6 millions2010: 621.4 millions2011: 774.1 millions2012: 933.9 millions2013: 1.0k millions2014: 1.0k millions2015: 1.3k millions2016: 1.3k millions2017: 1.4k millions2018: 1.3k millions2019: 1.6k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Peru recorded 1,561 millions for government expenditure on tertiary education, constant us$ in 2019. That is the highest value across all 21 years on record.

That represents a change of up 21.2% on the previous year and up 138.8% over ten years.

Over the whole period, government expenditure on tertiary education, constant us$ in Peru peaked at 1,561 millions in 2019 and was at its lowest, 317.43 millions, in 1973.

Peru ranks 46th of 153 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 317.43 millions 317.43 millions 317.43 millions 1
1990s 533.03 millions 482.61 millions 583.45 millions 2
2000s 467.33 millions 337.72 millions 653.56 millions 8
2010s 1,120 millions 621.36 millions 1,561 millions 10

Countries ranked near Peru

  1. 43 Cuba 2,272 millions compare
  2. 44 Pakistan 1,786 millions compare
  3. 45 Portugal 1,773 millions compare
  4. 47 Czechia 1,521 millions compare
  5. 48 Ukraine 1,517 millions compare
  6. 49 Romania 1,515 millions compare

See the full ranking of 153 places →

More reference data data for Peru

All data for Peru →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Peru?
Government expenditure on tertiary education, constant us$ in Peru was 1,561 millions in 2019, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Peru?
The highest recorded value was 1,561 millions in 2019.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Peru?
The lowest recorded value was 317.43 millions in 1973.
How does Peru rank for government expenditure on tertiary education, constant us$?
Peru ranks 46th out of 153 countries with data for 2019.
Is government expenditure on tertiary education, constant us$ rising or falling in Peru?
Over the last ten years it is up 138.8%. 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 tertiary education, constant US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on tertiary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,093 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary 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/