Peru's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029)

Peru's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029)

Share the statistic on social media channels or embed the statistic in your website using "Embed Code", where available.

Share chart

Embed chart
Select Citation

Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook


  • APA
  • Chicago
  • Harvard
  • MLA
  • Bluebook
  • IEEE
TGM StatBox. (2024). Peru's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029). TGM StatBox.
Chart Details
Timeframe: 1990-2023
Country: Peru
Published date: 2024
Note: Net lending/borrowing, also referred to as the overall balance, is a measure of a country's fiscal position, expressed as a percentage of its Gross Domestic Product (GDP). According to the International Monetary Fund (IMF), it indicates the difference between government revenues and expenditures, including any borrowing or lending to other sectors.
Key Takeaways
Peru’s fiscal performance reflects a mix of economic stability and external challenges. The 2000s saw sustained improvements, with a shift to surpluses peaking at 3.3% in 2007, supported by strong commodity exports. The 2008 global financial crisis briefly widened deficits to -1.5% in 2009, but fiscal prudence restored balance by 2012.

The COVID-19 pandemic caused a sharp deficit of -9.0% in 2020 due to emergency spending. Recovery efforts have reduced the deficit, with projections for 2029 indicating near balance at -0.2%, reflecting Peru’s resilience and strong fiscal management.

Further Recommended Statistics

Statbox vector
Statbox |form contact icon

Have Other Queries?

Statbox vector

Connect with our expert team for immediate assistance or comprehensive market analysis. We are always ready to support your business needs.