Peru — Education spending
Government Education Spending (% of GDP) for Peru, 1973–2024.
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%. Within Latin America & Caribbean it ranks 17 of 36 economies; Puerto Rico (US) (4.27%) is just below it. Its sharpest one-year move was up 13% in 2013. That is 10% above this series' own ten-year average.
Data highlights
Doubling roughly every 141 years at that pace.
World ranking. Climbed: 27th of 49 in 1973 → 80th of 116 in 2000 → 97th of 130 in 2010 → 87th of 157 in 2020 → 18th of 39 in 2024.
Key figures
Full history — 1973 to 2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 4.36% | +0.1 pp |
| 2023 | 4.25% | +0.4 pp |
| 2022 | 3.84% | -0.1 pp |
| 2021 | 3.93% | -0.3 pp |
| 2020 | 4.26% | +0.4 pp |
| 2019 | 3.82% | +0.1 pp |
| 2018 | 3.71% | -0.2 pp |
| 2017 | 3.93% | +0.1 pp |
| 2016 | 3.81% | -0.2 pp |
| 2015 | 3.97% | +0.3 pp |
| 2014 | 3.7% | +0.4 pp |
| 2013 | 3.3% | +0.4 pp |
| 2012 | 2.92% | +0.3 pp |
| 2011 | 2.66% | -0.2 pp |
| 2010 | 2.87% | -0.3 pp |
| 2009 | 3.14% | +0.3 pp |
| 2008 | 2.87% | +0.2 pp |
| 2007 | 2.63% | -0.0 pp |
| 2006 | 2.65% | -0.2 pp |
| 2005 | 2.84% | -0.1 pp |
| 2004 | 2.96% | +0.0 pp |
| 2003 | 2.94% | +0.1 pp |
| 2002 | 2.82% | -0.2 pp |
| 2001 | 3.04% | -0.2 pp |
| 2000 | 3.23% | -0.2 pp |
| 1999 | 3.44% | +0.2 pp |
| 1998 | 3.28% | +0.2 pp |
| 1996 | 3.12% | -0.3 pp |
| 1973 | 3.39% | — |
Frequently asked questions
What was Peru’s Education spending in 1996?
3.12% (1996). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in % of GDP, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Peru’s Education spending growing or shrinking?
Between 1973 and 2024 the series was growing overall: +28.5% in total — about 0.5% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator SE.XPD.TOTL.GD.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2024: 4.36%; 2023: 4.25%; 2022: 3.84%; 2021: 3.93%; 2020: 4.26%. Earlier years are in the full-history table below.
Related data
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.