Government expenditure on tertiary education, constant US$ in Peru

Peru: Government expenditure on tertiary education, constant US$ was 2,203 millions in 2024. ◆ Volatile

Latest (2024)
2,203 millions
Change on year
up 18.4%
World rank
48th
of 159 countries
All-time high
2,203 millions
in 2024
All-time low
365.43 millions
in 1973
Years of data
26
1973–2024

Government expenditure on tertiary education, constant US$ in Peru, 1973–2024

5001.0k1.5k2.0k1973199820241973: 365.4 millions1996: 555.6 millions1998: 671.7 millions2002: 388.8 millions2003: 451.5 millions2004: 500.1 millions2005: 395 millions2006: 532.6 millions2007: 541.3 millions2008: 742.4 millions2009: 752.4 millions2010: 715.3 millions2011: 891.2 millions2012: 1.1k millions2013: 1.2k millions2014: 1.2k millions2015: 1.5k millions2016: 1.5k millions2017: 1.6k millions2018: 1.5k millions2019: 1.8k millions2020: 1.7k millions2021: 1.7k millions2022: 1.8k millions2023: 1.9k millions2024: 2.2k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Peru recorded 2,203 millions for government expenditure on tertiary education, constant us$ in 2024. That is the highest value across all 26 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 us$ in Peru peaked at 2,203 millions in 2024 and was at its lowest, 365.43 millions, in 1973.

That places Peru 48th out of 159 countries with data for 2024, putting it in the middle of the range.

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

Government expenditure on tertiary education, constant US$ in Peru, year by year

Annual values for Government expenditure on tertiary education, constant US$ (millions) in Peru, 1973 to 2024.
Year millions Change
1973 365.43 millions
1996 555.59 millions +52.0%
1998 671.67 millions +20.9%
2002 388.79 millions -42.1%
2003 451.47 millions +16.1%
2004 500.06 millions +10.8%
2005 394.99 millions -21.0%
2006 532.57 millions +34.8%
2007 541.3 millions +1.6%
2008 742.39 millions +37.1%
2009 752.39 millions +1.3%
2010 715.32 millions -4.9%
2011 891.21 millions +24.6%
2012 1,075 millions +20.6%
2013 1,196 millions +11.3%
2014 1,160 millions -3.0%
2015 1,455 millions +25.4%
2016 1,534 millions +5.4%
2017 1,592 millions +3.8%
2018 1,479 millions -7.1%
2019 1,787 millions +20.8%
2020 1,674 millions -6.3%
2021 1,683 millions +0.5%
2022 1,775 millions +5.5%
2023 1,861 millions +4.8%
2024 2,203 millions +18.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 365.43 millions 365.43 millions 365.43 millions 1
1990s 613.63 millions 555.59 millions 671.67 millions 2
2000s 538 millions 388.79 millions 752.39 millions 8
2010s 1,288 millions 715.32 millions 1,787 millions 10
2020s 1,839 millions 1,674 millions 2,203 millions 5

Countries ranked near Peru

  1. 45 Greece 2,313 millions compare
  2. 46 Malaysia 2,269 millions compare
  3. 47 Portugal 2,267 millions compare
  4. 49 Hungary 1,816 millions compare
  5. 50 Kuwait 1,668 millions compare
  6. 51 Viet Nam 1,635 millions compare

See the full ranking of 159 places →

More education data for Peru

All data for Peru →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Peru?
Government expenditure on tertiary education, constant us$ in Peru was 2,203 millions in 2024, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Peru?
The highest recorded value was 2,203 millions in 2024.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Peru?
The lowest recorded value was 365.43 millions in 1973.
How does Peru rank for government expenditure on tertiary education, constant us$?
Peru ranks 48th out of 159 countries with data for 2024.
Is government expenditure on tertiary education, constant us$ rising or falling in Peru?
Over the last ten years it is up 89.8%. 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, constant US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant US$ in Peru. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 25 August 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-constant-us-millions-2/peru/

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About this data

Indicator
Government expenditure on tertiary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
159 places, 3,551 data points, 1970–2024
Last refreshed

February 2026 Data Release