Peru: Social contributions (current LCU)

Key figures

What the numbers say

In 2021, Peru's social contributions (current LCU) rose 13.1% on 2020 (from 15.97 billion to 18.05 billion).

Across the 30 yearly changes before that (1991 to 2020), the average change was +42.1% and a typical year strayed about 156.3% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 865.3% in 1991 and the biggest yearly fall was 7.5% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is upward, about 802.38 million a year. A straight line explains 94% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Peru in the 2021 ranking

• Cameroon — 1st of 3: 55.36 billion
• Gabon — 2nd of 3: 25.92 billion

What this measures

Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Limitations: 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).

All 32 values

Social contributions (current LCU) in nearby economies

• Argentina — 29.54 trillion (2024)
• Barbados — 239,182 (2016)
• Belize — 597,387 (2016)
• Brazil — 698.49 billion (2024)
• Chile — 3.69 trillion (2024)
• Colombia — 100.48 trillion (2024)
• Costa Rica — 4.93 trillion (2024)
• Dominican Republic — 52.8 billion (2024)
• Ecuador — 5.77 billion (2022)
• El Salvador — 947 million (2024)
• Guatemala

More public sector data for Peru

• Military expenditure (current USD) — 2.6 billion (2025)
• Military expenditure (current LCU) — 9.27 billion (2025)
• Military expenditure (% of GDP) — 0.81% (2025)
• Arms imports (SIPRI trend indicator values) — 90 million (2025)
• Net investment in nonfinancial assets (current LCU) — 14.11 billion (2021)
• Net investment in nonfinancial assets (% of GDP) — 1.61% (2021)
• Net lending (+) / net borrowing (-) (current LCU) — -28.47 billion (2021)
• Net lending (+) / net borrowing (-) (% of GDP) — -3.24% (2021)
• Grants and other revenue (current LCU) — 28.38 billion (2021)
• Grants and other revenue (% of revenue)

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Questions people ask

What is Peru's social contributions (current LCU)?

18.05 billion in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 35,454% from 50.78 million in 1990 (20.86% a year on average, compounded). The highest value was 18.05 billion in 2021 and the lowest 50.78 million in 1990.

Is the latest change in social contributions (current LCU) unusual for Peru?

In 2021, Peru's social contributions (current LCU) rose 13.1% on 2020 (from 15.97 billion to 18.05 billion). Across the 30 yearly changes before that (1991 to 2020), the average change was +42.1% and a typical year strayed about 156.3% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator GC.REV.SOCL.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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