Government expenditure on tertiary education, US$ in Peru

Peru: Government expenditure on tertiary education, US$ was 2,310 millions in 2024. ◆ Volatile

Latest (2024)
2,310 millions
Change on year
up 24.1%
World rank
42nd
of 164 countries
All-time high
2,310 millions
in 2024
All-time low
63.28 millions
in 1973
Years of data
26
1973–2024

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

05001.0k1.5k2.0k2.5k1973199820241973: 63.3 millions1996: 323.3 millions1998: 370.2 millions2002: 191.2 millions2003: 228.5 millions2004: 274.2 millions2005: 232.1 millions2006: 339.2 millions2007: 366.2 millions2008: 543 millions2009: 545.6 millions2010: 584.7 millions2011: 797.6 millions2012: 1.0k millions2013: 1.1k millions2014: 1.1k millions2015: 1.2k millions2016: 1.2k millions2017: 1.4k millions2018: 1.3k millions2019: 1.6k millions2020: 1.5k millions2021: 1.5k millions2022: 1.6k millions2023: 1.9k millions2024: 2.3k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

Peru recorded 2,310 millions for government expenditure on tertiary education, us$ in 2024. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 24.1% on the previous year and up 118.9% over ten years.

Over the whole period, government expenditure on tertiary education, us$ in Peru peaked at 2,310 millions in 2024 and was at its lowest, 63.28 millions, in 1973.

Peru ranks 42nd of 164 countries on this measure, 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, US$ in Peru, year by year

Annual values for Government expenditure on tertiary education, US$ (millions) in Peru, 1973 to 2024.
Year millions Change
1973 63.28 millions
1996 323.28 millions +410.9%
1998 370.16 millions +14.5%
2002 191.21 millions -48.3%
2003 228.55 millions +19.5%
2004 274.19 millions +20.0%
2005 232.13 millions -15.3%
2006 339.22 millions +46.1%
2007 366.21 millions +8.0%
2008 543.04 millions +48.3%
2009 545.61 millions +0.5%
2010 584.67 millions +7.2%
2011 797.62 millions +36.4%
2012 1,017 millions +27.5%
2013 1,116 millions +9.8%
2014 1,055 millions -5.4%
2015 1,212 millions +14.8%
2016 1,242 millions +2.5%
2017 1,383 millions +11.3%
2018 1,304 millions -5.7%
2019 1,580 millions +21.2%
2020 1,466 millions -7.2%
2021 1,461 millions -0.4%
2022 1,630 millions +11.5%
2023 1,861 millions +14.2%
2024 2,310 millions +24.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 63.28 millions 63.28 millions 63.28 millions 1
1990s 346.72 millions 323.28 millions 370.16 millions 2
2000s 340.02 millions 191.21 millions 545.61 millions 8
2010s 1,129 millions 584.67 millions 1,580 millions 10
2020s 1,746 millions 1,461 millions 2,310 millions 5

Countries ranked near Peru

  1. 39 Singapore 2,535 millions compare
  2. 40 Ukraine 2,451 millions compare
  3. 41 Czechia 2,373 millions compare
  4. 43 Puerto Rico 2,288 millions compare
  5. 44 Malaysia 2,269 millions compare
  6. 45 Greece 2,128 millions compare

See the full ranking of 164 places →

More education data for Peru

All data for Peru →

Frequently asked questions

What is government expenditure on tertiary education, us$ in Peru?
Government expenditure on tertiary education, us$ in Peru was 2,310 millions in 2024, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, us$ recorded in Peru?
The highest recorded value was 2,310 millions in 2024.
What is the lowest government expenditure on tertiary education, us$ recorded in Peru?
The lowest recorded value was 63.28 millions in 1973.
How does Peru rank for government expenditure on tertiary education, us$?
Peru ranks 42nd out of 164 countries with data for 2024.
Is government expenditure on tertiary education, us$ rising or falling in Peru?
Over the last ten years it is up 118.9%. 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, US$ (millions). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Government expenditure on tertiary education, US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
164 places, 3,651 data points, 1970–2024
Last refreshed

February 2026 Data Release