Government expenditure on tertiary education, PPP$ in Peru

Peru: Government expenditure on tertiary education, PPP$ was 4,865 millions in 2024. ◆ Volatile

Latest (2024)
4,865 millions
Change on year
up 21.2%
World rank
39th
of 148 countries
All-time high
4,865 millions
in 2024
All-time low
512.71 millions
in 2002
Years of data
25
1996–2024

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

1.0k2.0k3.0k4.0k5.0k1996201020241996: 661.4 millions1998: 822.5 millions2002: 512.7 millions2003: 607.1 millions2004: 690.6 millions2005: 562.6 millions2006: 781.9 millions2007: 816.3 millions2008: 1.1k millions2009: 1.2k millions2010: 1.1k millions2011: 1.4k millions2012: 1.7k millions2013: 1.9k millions2014: 1.8k millions2015: 2.3k millions2016: 2.4k millions2017: 2.6k millions2018: 2.4k millions2019: 3.0k millions2020: 3.0k millions2021: 3.3k millions2022: 3.7k millions2023: 4.0k millions2024: 4.9k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2024, government expenditure on tertiary education, ppp$ in Peru stood at 4,865 millions. That is the highest value across all 25 years on record.

That represents a change of up 21.2% on the previous year and up 166.9% over ten years.

Over the whole period, government expenditure on tertiary education, ppp$ in Peru peaked at 4,865 millions in 2024 and was at its lowest, 512.71 millions, in 2002.

That places Peru 39th out of 148 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, PPP$ in Peru, year by year

Annual values for Government expenditure on tertiary education, PPP$ (millions) in Peru, 1996 to 2024.
Year millions Change
1996 661.36 millions
1998 822.47 millions +24.4%
2002 512.71 millions -37.7%
2003 607.13 millions +18.4%
2004 690.55 millions +13.7%
2005 562.55 millions -18.5%
2006 781.9 millions +39.0%
2007 816.26 millions +4.4%
2008 1,141 millions +39.8%
2009 1,164 millions +2.0%
2010 1,120 millions -3.8%
2011 1,424 millions +27.2%
2012 1,678 millions +17.8%
2013 1,868 millions +11.3%
2014 1,823 millions -2.4%
2015 2,256 millions +23.7%
2016 2,411 millions +6.9%
2017 2,585 millions +7.2%
2018 2,443 millions -5.5%
2019 3,045 millions +24.6%
2020 3,004 millions -1.4%
2021 3,271 millions +8.9%
2022 3,696 millions +13.0%
2023 4,013 millions +8.6%
2024 4,865 millions +21.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 741.92 millions 661.36 millions 822.47 millions 2
2000s 784.46 millions 512.71 millions 1,164 millions 8
2010s 2,065 millions 1,120 millions 3,045 millions 10
2020s 3,770 millions 3,004 millions 4,865 millions 5

Countries ranked near Peru

  1. 36 Romania 5,620 millions compare
  2. 37 Egypt 5,146 millions
  3. 38 Finland 5,074 millions compare
  4. 40 Ireland 4,515 millions compare
  5. 41 Czechia 4,340 millions compare
  6. 42 Viet Nam 4,160 millions compare

See the full ranking of 148 places →

More education data for Peru

All data for Peru →

Frequently asked questions

What is government expenditure on tertiary education, ppp$ in Peru?
Government expenditure on tertiary education, ppp$ in Peru was 4,865 millions in 2024, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, ppp$ recorded in Peru?
The highest recorded value was 4,865 millions in 2024.
What is the lowest government expenditure on tertiary education, ppp$ recorded in Peru?
The lowest recorded value was 512.71 millions in 2002.
How does Peru rank for government expenditure on tertiary education, ppp$?
Peru ranks 39th out of 148 countries with data for 2024.
Is government expenditure on tertiary education, ppp$ rising or falling in Peru?
Over the last ten years it is up 166.9%. 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, PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, 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-ppp-millions-2/peru/

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About this data

Indicator
Government expenditure on tertiary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
148 places, 2,498 data points, 1984–2024
Last refreshed

February 2026 Data Release