Government expenditure on tertiary education, constant PPP$ in Peru

Peru: Government expenditure on tertiary education, constant PPP$ was 4,750 millions in 2024. ▲ Rising

Latest (2024)
4,750 millions
Change on year
up 18.4%
World rank
40th
of 146 countries
All-time high
4,750 millions
in 2024
All-time low
838.5 millions
in 2002
Years of data
25
1996–2024

Government expenditure on tertiary education, constant PPP$ in Peru, 1996–2024

1.0k2.0k3.0k4.0k5.0k1996201020241996: 1.2k millions1998: 1.4k millions2002: 838.5 millions2003: 973.7 millions2004: 1.1k millions2005: 851.9 millions2006: 1.1k millions2007: 1.2k millions2008: 1.6k millions2009: 1.6k millions2010: 1.5k millions2011: 1.9k millions2012: 2.3k millions2013: 2.6k millions2014: 2.5k millions2015: 3.1k millions2016: 3.3k millions2017: 3.4k millions2018: 3.2k millions2019: 3.9k millions2020: 3.6k millions2021: 3.6k millions2022: 3.8k millions2023: 4.0k millions2024: 4.8k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2024, government expenditure on tertiary education, constant ppp$ in Peru stood at 4,750 millions. That is the highest value across all 25 years on record.

That represents a change of up 18.4% on the previous year and up 89.8% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in Peru peaked at 4,750 millions in 2024 and was at its lowest, 838.5 millions, in 2002.

Peru ranks 40th of 146 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, constant PPP$ in Peru, year by year

Annual values for Government expenditure on tertiary education, constant PPP$ (millions) in Peru, 1996 to 2024.
Year millions Change
1996 1,198 millions
1998 1,449 millions +20.9%
2002 838.5 millions -42.1%
2003 973.7 millions +16.1%
2004 1,078 millions +10.8%
2005 851.87 millions -21.0%
2006 1,149 millions +34.8%
2007 1,167 millions +1.6%
2008 1,601 millions +37.1%
2009 1,623 millions +1.3%
2010 1,543 millions -4.9%
2011 1,922 millions +24.6%
2012 2,319 millions +20.6%
2013 2,580 millions +11.3%
2014 2,502 millions -3.0%
2015 3,138 millions +25.4%
2016 3,309 millions +5.4%
2017 3,433 millions +3.8%
2018 3,190 millions -7.1%
2019 3,853 millions +20.8%
2020 3,611 millions -6.3%
2021 3,630 millions +0.5%
2022 3,829 millions +5.5%
2023 4,013 millions +4.8%
2024 4,750 millions +18.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,323 millions 1,198 millions 1,449 millions 2
2000s 1,160 millions 838.5 millions 1,623 millions 8
2010s 2,779 millions 1,543 millions 3,853 millions 10
2020s 3,967 millions 3,611 millions 4,750 millions 5

Countries ranked near Peru

  1. 37 Hong Kong, China 5,506 millions compare
  2. 38 Finland 5,170 millions compare
  3. 39 Ireland 4,882 millions compare
  4. 41 Czechia 4,549 millions compare
  5. 42 Bangladesh 4,284 millions compare
  6. 43 Greece 4,071 millions compare

See the full ranking of 146 places →

More education data for Peru

All data for Peru →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in Peru?
Government expenditure on tertiary education, constant ppp$ in Peru was 4,750 millions in 2024, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in Peru?
The highest recorded value was 4,750 millions in 2024.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in Peru?
The lowest recorded value was 838.5 millions in 2002.
How does Peru rank for government expenditure on tertiary education, constant ppp$?
Peru ranks 40th out of 146 countries with data for 2024.
Is government expenditure on tertiary education, constant ppp$ rising or falling in Peru?
Over the last ten years it is up 89.8%. 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 PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant PPP$ in Peru. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 23 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-constant-ppp-millions-2/peru/

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About this data

Indicator
Government expenditure on tertiary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
146 places, 2,483 data points, 1984–2024
Last refreshed

February 2026 Data Release