Peru - Tax revenue (% of GDP)

Tax revenue (% of GDP) in Peru was 14.52 as of 2019. Its highest value over the past 47 years was 17.96 in 1980, while its lowest value was 7.92 in 1989.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 12.65
1973 10.81
1974 11.00
1975 11.56
1976 11.23
1977 11.67
1978 12.49
1979 13.81
1980 17.96
1981 15.12
1982 14.79
1983 11.90
1984 13.04
1985 14.96
1986 13.38
1987 9.97
1988 9.66
1989 7.92
1990 10.72
1991 11.03
1992 11.98
1993 12.17
1994 12.97
1995 13.68
1996 14.20
1997 14.40
1998 14.23
1999 12.99
2000 12.61
2001 12.90
2002 12.49
2003 13.41
2004 13.66
2005 14.10
2006 15.67
2007 16.41
2008 16.51
2009 14.46
2010 15.47
2011 15.97
2012 16.55
2013 16.43
2014 16.72
2015 14.92
2016 13.79
2017 13.17
2018 14.29
2019 14.52

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance