Peru - Government Budget Balance

For Peru, the quarterly detailed fiscal operations of general government (central and local).

• Framework: GFSM 1986
• Measurements: Millions of Peruvian nuevo sol (Mil. PEN)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Quarterly
• Start date: Uniformly 1990Q1

The source writes:

Nonfinancial public sector data cover government units and nonfinancial public enterprises. The data are disseminated in millions of nuevos soles.

The components disseminated include the overall balance (deficit/surplus) and financing, broken down into external financing, domestic financing, and financing from privatization proceeds.

Further domestic financing data are shown in the Public Debt Stock table in the BCRP's Nota Semanal (Weekly Report).

Data on the total revenue and total expenditure of the nonfinancial public sector are not disseminated, however they can be derived from the published data, as follows:

Total revenue is the sum of the current and capital revenue of nonfinancial public enterprises plus current and capital government revenue.

Total expenditure is the sum of the current and capital expenditure of nonfinancial public enterprises plus the current and capital expenditure of government units.General government data cover operations of the central government (budgetary and extrabudgetary), the social security administration, decentralized institutions (consolidated central government), and local governments.

The data disseminated on general government operations are classified into current revenue and capital revenue, nonfinancial expenditure, primary balance, interest, and overall balance.Current revenue comprises tax and nontax revenue, including social security contributions. Nonfinancial expenditure comprises current expenditure and capital expenditure. Current expenditure includes wages and salaries, goods and services, transfers to the private sector and to public enterprises.

General government data are published on a consolidated basis.General government revenue data are reported on a cash basis, while expenditure data are reported on an accrual basis. Data on nonfinancial public enterprises are reported on a cash basis.The fiscal year is the same as the calendar year.

Moody's Analytics supplements

We compute total revenue in NSA terms. For the three headline items and interest expenditure we compute seasonally adjusted (SAAR) counterparts.

The data are always preliminary when first released in the BCRP’s Nota Semanal. Final data are available 18 months after the end of the reference year and are published in the BCRP’s Memoria. Notes in the Nota Semanal indicate the preliminary nature of the data.

Further reading

At IMF (SDDS):

• General government operations