What would a basic income cost in Peru?
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Total cost per year
74.7 billion Peruvian soles
about 20.9 billion US dollars
34.6 million people × 180 Peruvian soles a month × 12 months
Compared with
- Government expense (central) (2021)27.4%
- Government revenue (central, excl. grants) (2021)30.3%
- Tax revenue (central government) (2021)39.3%
- GDP (nominal) (2025)6.3%
Peru in numbers
Peru has a population of 34.6 million (2025) and a GDP of 1.19 trillion Peruvian soles (about 335 billion US dollars) in 2025.
Paying everyone 180 Peruvian soles a month would cost 74.7 billion Peruvian soles a year (about 20.9 billion US dollars), or 6.3% of GDP. That equals 27.4% of central government expense (2021), 30.3% of its revenue (2021), and 39.3% of its tax revenue (2021).
Children only (under 18: 9.89 million) would cost 21.4 billion Peruvian soles a year (1.8% of GDP); adults only (18 and over: 24.7 million), 53.3 billion Peruvian soles (4.5%).
Default amount: 180 Peruvian soles a month is the World Bank's international poverty line of $3.00 a day (2021 PPP), converted into Peruvian soles with the World Bank's PPP conversion factor for household consumption (2025) and rounded to two significant figures. It is a reference point, not a policy proposal; change it above.
How to read this
This is the gross cost: the total paid out. The real net cost depends on which taxes fund it, which benefits or tax breaks it replaces and whether the payment is taxed. The population, budget and GDP figures are not all from the same year (see the sources).
Sources for the figures
- Population
- World Bank: population, total (SP.POP.TOTL), and population by single year of age 0 to 17 (SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN), 2025
- SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN
- Government expense and tax revenue
- World Bank: central government expense, revenue excluding grants and tax revenue, % of GDP (GC.XPN.TOTL.GD.ZS, GC.REV.XGRT.GD.ZS, GC.TAX.TOTL.GD.ZS), 2021
- Default amount
- World Bank: international poverty line of $3.00 a day (2021 PPP), June 2025 update
- World Bank: PPP conversion factor, household final consumption (PA.NUS.PRVT.PP), 2025
- Retrieved from the World Bank API on November 9, 2026 (CC BY 4.0). Government figures are central government, as a share of GDP in their own year, applied to the latest GDP.