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Peru — Education spending
Government Education Spending (% of GDP) for Peru, 1973–2024.
Latest value · 2024
4.36%
Government Education Spending (% of GDP) · % of GDP · +28.5% since 1973
Education spending for Peru was 4.36% in 2024, according to the latest World Bank data. The series covers 29 years, from 1973 to 2024. The latest year is also the highest value on record for this series. The lowest was 2.63% in 2007 (about 1.7× the low point). Across that span the compound annual growth rate works out to 0.49% per year.
Peru ranks 79 of 172 economies on this measure (1 = highest), putting it in the top 46%. The median for Latin America & Caribbean is 4.27%, so Peru sits above it. Over the last decade (2014–2024) the figure moved up 18%.
Key figures
Latest (2024)
4.36%
First (1973)
3.39%
Change
+28.5%
Highest
4.36%
in 2024
Lowest
2.63%
in 2007
Average
3.37%
Annual growth (CAGR)
0.49%
Years of data
29
Recent years
| Year | % of GDP |
|---|---|
| 2024 | 4.36% |
| 2023 | 4.25% |
| 2022 | 3.84% |
| 2021 | 3.93% |
| 2020 | 4.26% |
| 2019 | 3.82% |
| 2018 | 3.71% |
| 2017 | 3.93% |
| 2016 | 3.81% |
| 2015 | 3.97% |
| 2014 | 3.7% |
| 2013 | 3.3% |
Reading this correctly. Total general government expenditure on education, expressed as a percentage of GDP. Includes both current and capital spending. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SE.XPD.TOTL.GD.ZS — Government Education Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.