Government expenditure on tertiary education as a percentage of GDP in Peru

Peru: Government expenditure on tertiary education as a percentage of GDP was 0.6953 in 2023. ▲ Rising

Latest (2023)
0.6953
Change on year
up 5.2%
World rank
17th
of 31 countries
All-time high
0.7281
in 2020
All-time low
0.3052
in 2005
Years of data
25
1973–2023

Government expenditure on tertiary education as a percentage of GDP in Peru, 1973–2023

00.20.40.60.81973199820231973: 0.5761996: 0.5851998: 0.6672002: 0.3492003: 0.3892004: 0.4112005: 0.3052006: 0.3832007: 0.3582008: 0.452009: 0.4522010: 0.3962011: 0.4642012: 0.5282013: 0.5552014: 0.5262015: 0.6382016: 0.6472017: 0.6552018: 0.5862019: 0.6922020: 0.7282021: 0.6452022: 0.6612023: 0.695

Source: UNICEF.

Analysis

The most recent figure for government expenditure on tertiary education as a percentage of gdp in Peru is 0.6953, measured in 2023.

The figure is up 5.2% on the previous year and up 25.3% over ten years.

Over the whole period, government expenditure on tertiary education as a percentage of gdp in Peru peaked at 0.7281 in 2020 and was at its lowest, 0.3052, in 2005.

Peru ranks 17th of 31 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Government expenditure on tertiary education as a percentage of GDP in Peru, year by year

Annual values for Government expenditure on tertiary education as a percentage of GDP (%) in Peru, 1973 to 2023.
Year Value Change
1973 0.5756
1996 0.5851 +1.7%
1998 0.6669 +14.0%
2002 0.3491 -47.7%
2003 0.3891 +11.5%
2004 0.4107 +5.5%
2005 0.3052 -25.7%
2006 0.3827 +25.4%
2007 0.3584 -6.3%
2008 0.4505 +25.7%
2009 0.4516 +0.2%
2010 0.3963 -12.2%
2011 0.4644 +17.2%
2012 0.5278 +13.7%
2013 0.5548 +5.1%
2014 0.5256 -5.3%
2015 0.6384 +21.5%
2016 0.6474 +1.4%
2017 0.6553 +1.2%
2018 0.5857 -10.6%
2019 0.6919 +18.1%
2020 0.7281 +5.2%
2021 0.6455 -11.3%
2022 0.6612 +2.4%
2023 0.6953 +5.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.5756 0.5756 0.5756 1
1990s 0.626 0.5851 0.6669 2
2000s 0.3872 0.3052 0.4516 8
2010s 0.5688 0.3963 0.6919 10
2020s 0.6825 0.6455 0.7281 4

Countries ranked near Peru

  1. 14 Colombia 0.8469 compare
  2. 15 British Virgin Islands 0.8135 compare
  3. 16 Saint Vincent and the Grenadines 0.7952 compare
  4. 18 Paraguay 0.6695 compare
  5. 19 Panama 0.6398 compare
  6. 20 Uruguay 0.6269 compare

See the full ranking of 31 places →

More education data for Peru

All data for Peru →

Frequently asked questions

What is government expenditure on tertiary education as a percentage of gdp in Peru?
Government expenditure on tertiary education as a percentage of gdp in Peru was 0.6953 in 2023, according to UNICEF.
What is the highest government expenditure on tertiary education as a percentage of gdp recorded in Peru?
The highest recorded value was 0.7281 in 2020.
What is the lowest government expenditure on tertiary education as a percentage of gdp recorded in Peru?
The lowest recorded value was 0.3052 in 2005.
How does Peru rank for government expenditure on tertiary education as a percentage of gdp?
Peru ranks 17th out of 31 countries with data for 2023.
Is government expenditure on tertiary education as a percentage of gdp rising or falling in Peru?
Over the last ten years it is up 25.3%. The long-run trend across the full record is rising.
Where does this Peru data come from?
The figures come from UNICEF, published as part of Government expenditure on tertiary education as a percentage of GDP (%). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education as a percentage of GDP in Peru. Statizoid, drawing on UNICEF. Retrieved 10 September 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-as-a-percentage-of-gdp-percent-2/peru/

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About this data

Indicator
Government expenditure on tertiary education as a percentage of GDP (%)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
31 places, 627 data points, 1970–2023
Last refreshed