Government expenditure on tertiary education, US$ in Peru

Peru: Government expenditure on tertiary education, US$ was 1,580 millions in 2019. ◆ Volatile

Latest (2019)
1,580 millions
Change on year
up 21.2%
World rank
46th
of 158 countries
All-time high
1,580 millions
in 2019
All-time low
63.28 millions
in 1973
Years of data
21
1973–2019

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

05001.0k1.5k1973199620191973: 63.3 millions1996: 323.3 millions1998: 370.2 millions2002: 191.2 millions2003: 228.5 millions2004: 274.2 millions2005: 232.1 millions2006: 339.2 millions2007: 366.2 millions2008: 543 millions2009: 545.6 millions2010: 584.7 millions2011: 797.6 millions2012: 1.0k millions2013: 1.1k millions2014: 1.1k millions2015: 1.2k millions2016: 1.2k millions2017: 1.4k millions2018: 1.3k millions2019: 1.6k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2019, government expenditure on tertiary education, us$ in Peru stood at 1,580 millions. That is the highest value across all 21 years on record.

Compared with earlier readings it is up 21.2% on the previous year and up 189.5% over ten years.

Over the whole period, government expenditure on tertiary education, us$ in Peru peaked at 1,580 millions in 2019 and was at its lowest, 63.28 millions, in 1973.

That places Peru 46th out of 158 countries with data for 2019, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 63.28 millions 63.28 millions 63.28 millions 1
1990s 346.72 millions 323.28 millions 370.16 millions 2
2000s 340.02 millions 191.21 millions 545.61 millions 8
2010s 1,129 millions 584.67 millions 1,580 millions 10

Countries ranked near Peru

  1. 43 Pakistan 1,786 millions compare
  2. 44 Portugal 1,773 millions compare
  3. 45 Cuba 1,747 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 158 places →

More reference data data for Peru

All data for Peru →

Frequently asked questions

What is government expenditure on tertiary education, us$ in Peru?
Government expenditure on tertiary education, us$ in Peru was 1,580 millions in 2019, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, us$ recorded in Peru?
The highest recorded value was 1,580 millions in 2019.
What is the lowest government expenditure on tertiary education, us$ recorded in Peru?
The lowest recorded value was 63.28 millions in 1973.
How does Peru rank for government expenditure on tertiary education, us$?
Peru ranks 46th out of 158 countries with data for 2019.
Is government expenditure on tertiary education, us$ rising or falling in Peru?
Over the last ten years it is up 189.5%. The long-run trend across the full record is volatile.
Where does this Peru data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, US$ (millions). Statizoid updates them automatically from the source API.

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About this data

Indicator
Government expenditure on tertiary education, US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,257 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers) in millions US$ (nominal value). 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$. 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/