Healthcare Spending: Peru

Analysis# Peru Healthcare Spending Peru allocated 5.638% of its GDP to healthcare in 2023, representing a modest recovery from the previous year but still below its all-time peak of 6.673% in 2021. Since 2000, healthcare spending has climbed 27.7%, rising from a low of 4.41% of GDP in 2006. The current level reflects sustained investment in the nation's health sector, though spending remains volatile compared to the early 2000s baseline. The most significant shift occurred during 2020–2021, when Peru's healthcare spending surged to 6.673%—a 31.9% increase from 2019—driven largely by pandemic response efforts. Since that peak, spending has declined for two consecutive years, falling 15.5% by 2023. Whether this downward trajectory continues or stabilizes depends on Peru's public health priorities and economic conditions going forward.