Government budget and revenue in Cuzco, Peru: official figures
In 2025 the provincial municipality of Cusco, which governs Cuzco and the surrounding province, had a modified budget (PIM) of S/ 271.05 million, up from an opening budget (PIA) of S/ 188.62 million; this ranks 6th largest of 25 Peruvian cities on this site and, nationally, 7th largest of 196 provincial municipal budgets, according to the MEF.
How much of its budget does Cuzco municipality spend?
The provincial municipality of Cusco had spent (devengado) S/ 244.29 million of its S/ 271.05 million modified budget in 2025, an execution rate of 90.1%, joint 6th highest of 25 Peruvian cities on this site; all local governments in Peru together had spent 80.6% of their S/ 53.6 billion.
Source: Ministerio de Economía y Finanzas (MEF) · saved copyHow much does Cuzco municipality spend per person?
The 2025 modified budget of the provincial municipality of Cusco equals S/ 495 per resident of the province (using INEI's mid-2025 projection of 547,972), ranking 11th highest of 25 Peruvian cities on this site for per-resident budget.
Source: Ministerio de Economía y Finanzas (MEF) · saved copyHow much does Cuzco municipality spend on investment projects?
Investment projects accounted for S/ 125.54 million of the S/ 244.29 million spent by the provincial municipality of Cusco in 2025, or 51.4%, 4th highest of 25 Peruvian cities on this site; the rest went to ongoing activities.
Source: Ministerio de Economía y Finanzas (MEF) · saved copyHas the budget of Cuzco municipality grown?
The modified budget of the provincial municipality of Cusco was S/ 234.80 million in 2024 and S/ 271.05 million in 2025, a change of +15.4% (ranking 4th highest of 25 Peruvian cities on this site for change); devengado spending was S/ 202.69 million in 2024 and S/ 244.29 million in 2025.
Source: Ministerio de Economía y Finanzas (MEF) · saved copyDoes the Cuzco municipality budget include district councils?
These figures cover only the provincial municipality; the district municipalities inside Cusco province have separate budgets, and the MEF lists S/ 257.81 million certified and S/ 244.25 million paid out (girado) for this one in 2025.
Source: Ministerio de Economía y Finanzas (MEF) · saved copyHow Cuzco compares with other cities in Peru
Modified budget (PIM) of the provincial municipality, 2025 (soles) (2025)
Cuzco ranks 6 of 25, highest first.
| Rank | City | Modified budget (PIM) of the provincial municipality, 2025 (soles) |
|---|---|---|
| 3 | Piura | S/ 360.14 million |
| 4 | Cajamarca | S/ 303.96 million |
| 5 | Chimbote | S/ 302.67 million |
| 6 | Cuzco | S/ 271.05 million |
| 7 | Chiclayo | S/ 251.54 million |
| 8 | Ica | S/ 246.72 million |
| 9 | Arequipa | S/ 242.48 million |
Modified budget per resident of the province, 2025 (soles) (2025)
Cuzco ranks 11 of 25, highest first.
| Rank | City | Modified budget per resident of the province, 2025 (soles) |
|---|---|---|
| 8 | Juliaca | S/ 501 |
| 9 | Chincha Alta | S/ 501 |
| 10 | Ica | S/ 496 |
| 11 | Cuzco | S/ 495 |
| 12 | Puerto Maldonado | S/ 474 |
| 13 | Sullana | S/ 433 |
| 14 | Pucallpa | S/ 405 |
Share of the modified budget spent (devengado), 2025 (2025)
Cuzco ranks 6 of 25, highest first.
| Rank | City | Share of the modified budget spent (devengado), 2025 |
|---|---|---|
| 3 | Huancayo | 93.9% |
| 4 | Huánuco | 93.8% |
| 5 | Tarapoto | 91.2% |
| 6 | Cuzco | 90.1% |
| 7 | Ayacucho | 90.1% |
| 8 | Piura | 87.6% |
| 9 | Arequipa | 87.5% |
Share of 2025 spending that went to investment projects (2025)
Cuzco ranks 4 of 25, highest first.
| Rank | City | Share of 2025 spending that went to investment projects |
|---|---|---|
| 1 | Chincha Alta | 58.6% |
| 2 | Huaraz | 55.6% |
| 3 | Lima | 53.4% |
| 4 | Cuzco | 51.4% |
| 5 | Juliaca | 46.2% |
| 6 | Piura | 43.7% |
| 7 | Talara | 42.7% |
Change in modified budget, 2024 to 2025 (2024-2025)
Cuzco ranks 4 of 25, highest first.
| Rank | City | Change in modified budget, 2024 to 2025 |
|---|---|---|
| 1 | Trujillo | +46.3% |
| 2 | Chincha Alta | +26.5% |
| 3 | Cajamarca | +18.2% |
| 4 | Cuzco | +15.4% |
| 5 | Lima | +13.9% |
| 6 | Chiclayo | +13.3% |
| 7 | Arequipa | +6.2% |
More on Cuzco: overview · poverty and living standards · all cities in Peru
Sources
- Ministerio de Economía y Finanzas (MEF): Consulta Amigable, consulta de ejecución del gasto, 2024, activities and projects: local governments by budget unit (export of 28 October 2026), read 23 October 2026 · saved copy (SHA-256 81563427fdfd…)
- Ministerio de Economía y Finanzas (MEF): Consulta Amigable, consulta de ejecución del gasto, 2025, activities and projects: local governments by budget unit (export of 28 October 2026), read 23 October 2026 · saved copy (SHA-256 0d2996a391f8…)
- Ministerio de Economía y Finanzas (MEF): Consulta Amigable, consulta de ejecución del gasto, 2025: national government, regional governments and local governments (totals by level of government), read 23 October 2026 · saved copy (SHA-256 b44103ba441a…)
- Ministerio de Economía y Finanzas (MEF): Consulta Amigable, consulta de ejecución del gasto, 2025, investment projects only: local governments by budget unit (export of 28 October 2026), read 23 October 2026 · saved copy (SHA-256 7e52d79db9c3…)
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