Skip to content

Economy of Afghanistan vs Peru compared: GDP & Debt

Updated on by Georank

Afghanistan has a GDP of $17.8B compared to $335B for Peru, ranking 139/197 and 47/197 by economy size, respectively.

Afghanistan has $1.58B in government debt (7.98% of GDP), compared to $101B (30.2% of GDP) in Peru.

Afghanistan vs Peru GDP by year

Afghanistan
Peru
1x
Year GDP, current $
Afghanistan Peru
2025 - $334,854,659,182
2024 $17,778,508,876 $291,751,523,019
2023 $17,152,234,637 $268,025,009,709
2022 $14,497,243,872 $246,169,867,863
2021 $14,259,995,441 $226,406,075,009
2020 $19,955,929,052 $201,409,694,756
2019 $18,799,444,490 $228,346,006,004
2018 $18,053,222,687 $222,597,009,739
2017 $18,753,456,498 $211,007,984,081
2016 $18,116,572,395 $191,898,104,390
2015 $19,134,221,645 $189,802,976,286
2014 $20,497,128,556 $200,786,250,583
2013 $20,146,416,758 $201,175,543,571
2012 $19,907,329,778 $192,650,021,649
2011 $17,805,098,206 $171,761,737,047
2010 $15,856,668,556 $147,527,631,521
2009 $12,416,152,732 $120,822,986,521
2008 $10,109,297,048 $120,550,599,815
2007 $9,747,886,187 $102,170,981,144
2006 $6,971,758,282 $88,643,193,062
2005 $6,203,256,539 $76,060,606,061
2004 $5,224,896,719 $66,768,703,498
2003 $4,520,946,819 $58,731,030,122
2002 $3,825,701,439 $54,777,553,515
2001 $2,813,571,754 $52,030,158,775
2000 $3,521,418,060 $51,744,749,133
1999 - $50,187,324,568
1998 - $55,501,467,877
1997 - $58,147,522,523
1996 - $55,252,414,130
1995 - $53,312,793,687
1994 - $44,882,079,767
1993 - $34,832,077,221
1992 - $35,966,302,303
1991 - $34,341,465,998
1990 - $26,410,386,963
1989 - $22,499,558,526
1988 - $15,439,408,447
1987 - $36,889,706,593
1986 - $21,859,448,586
1985 - $15,078,736,875
1984 - $17,600,400,385
1983 - $17,345,260,564
1982 - $21,794,535,621
1981 - $21,648,214,893
1980 - $18,136,838,538
1979 - $15,954,012,439
1978 - $12,491,876,743
1977 - $14,544,913,961
1976 - $16,131,958,851
1975 - $16,931,162,355
1974 - $13,858,441,211
1973 - $10,994,381,895
1972 - $9,189,413,409
1971 - $8,289,582,884
1970 - $7,432,223,177
1969 - $6,420,909,790
1968 - $5,736,083,835
1967 - $6,194,340,080
1966 - $6,109,048,737
1965 - $5,163,008,077
1964 - $4,353,664,867
1963 - $3,598,272,493
1962 - $3,284,322,201
1961 - $2,897,852,693
1960 - $2,571,986,572

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/peru | CC BY

GDP per capita in Afghanistan vs Peru by year

Afghanistan
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $9,684 -
2024 $417 - $8,526 $17,802
2023 $414 $2,202 $7,919 $17,011
2022 $357 $2,123 $7,354 $16,669
2021 $356 $2,144 $6,829 $15,281
2020 $511 $2,562 $6,133 $12,563
2019 $497 $2,583 $7,037 $13,564
2018 $491 $2,432 $6,978 $13,078
2017 $525 $2,336 $6,736 $12,592
2016 $522 $2,213 $6,217 $12,067
2015 $566 $2,284 $6,232 $11,600
2014 $625 $2,224 $6,667 $11,518
2013 $637 $2,133 $6,747 $11,291
2012 $651 $1,988 $6,519 $10,757
2011 $607 $1,744 $5,861 $10,463
2010 $561 $1,766 $5,072 $9,713
2009 $452 $1,571 $4,181 $8,917
2008 $382 $1,334 $4,198 $8,820
2007 $376 $1,287 $3,581 $7,982
2006 $274.2 $1,122 $3,130 $7,214
2005 $254.2 $1,076 $2,707 $6,560
2004 $221.8 $972 $2,397 $6,038
2003 $198.9 $967 $2,129 $5,657
2002 $179 $927 $2,007 $5,383
2001 $138.7 $748 $1,930 $5,086
2000 $174.9 $814 $1,945 $5,012
1999 - - $1,917 $4,847
1998 - - $2,156 $4,791
1997 - - $2,301 $4,844
1996 - - $2,227 $4,556
1995 - - $2,190 $4,435
1994 - - $1,879 $4,123
1993 - - $1,488 $3,666
1992 - - $1,567 $3,472
1991 - - $1,527 $3,484
1990 - - $1,200 $3,367
1989 - - $1,045 -
1988 - - $733 -
1987 - - $1,792 -
1986 - - $1,087 -
1985 - - $767 -
1984 - - $918 -
1983 - - $927 -
1982 - - $1,194 -
1981 - - $1,216 -
1980 - - $1,045 -
1979 - - $942 -
1978 - - $756 -
1977 - - $903 -
1976 - - $1,026 -
1975 - - $1,104 -
1974 - - $927 -
1973 - - $754 -
1972 - - $647 -
1971 - - $599 -
1970 - - $550 -
1969 - - $488 -
1968 - - $448 -
1967 - - $498 -
1966 - - $505 -
1965 - - $439 -
1964 - - $381 -
1963 - - $324 -
1962 - - $305 -
1961 - - $276.6 -
1960 - - $252.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/peru | CC BY

Afghanistan's GDP per capita is $417, ranking 196/197, compared to $9,684 in Peru, ranking 90/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Peru ranks 104th at $17,802.

Economic indicators

Afghanistan Peru
Gross domestic product
$17.8B
2024
$335B
2025
GDP rank
139/197
2024
47/197
2025
GDP growth
1.87%
2023-2024
3.43%
2024-2025
GDP per capita
$417
2024
$9,684
2025
GDP per capita rank
196/197
2024
90/197
2025
GDP per capita, PPP
$2,202
2023
$17,802
2024
GDP per capita PPP rank
184/197
2023
104/197
2024
Government debt
$1.58B
2024
$101B
2025
Debt-to-GDP ratio
7.98%
2025
30.2%
2025
Government debt per person
$37.2
2024
$2,927
2025
Government debt per person rank
185/185
2024
107/185
2025
Average annual personal income after taxes
$1,529
2026
$7,143
2026
Market capitalization of domestic companies n/a
$105B
2025
Income share by richest 10% n/a
30.3%
2024
Income share by poorest 10% n/a
2%
2024
Government expenditure, % of GDP
20%
2025
21.4%
2025
Consumer prices inflation
2.9%
2024-2025
1.53%
2024-2025
Central bank interest rate
6%
2021
4.25%
2025
Unemployment rate
5.68%
2021
4.32%
2025
Population
45682388
35105331

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Peru
Spending

Debt
1x
Year % of GDP
Afghanistan Peru
Government spending Government debt Government spending Government debt
2025 20% 7.98% 21.4% 30.2%
2024 19.7% 8.91% 22.2% 32.1%
2023 17% 8.25% 22.1% 32.4%
2022 16.1% 10.6% 23.1% 33.5%
2021 17.9% 11.1% 23.1% 35.5%
2020 27.9% 7.33% 25.7% 34.3%
2019 28% 6.14% 20.8% 26.5%
2018 28.9% 7.38% 21% 25.7%
2017 27.7% 8% 20.6% 24.8%
2016 28% 8.44% 20.5% 23.9%
2015 25.9% 9.15% 22% 23.7%
2014 25.4% 8.7% 22.4% 20.5%
2013 25% 6.9% 21.5% 19.9%
2012 25% 6.76% 20.3% 20.7%
2011 21.9% 7.5% 19.8% 23.1%
2010 20.8% 7.7% 21% 25.1%
2009 21.2% 16.2% 21.3% 28.2%
2008 20.9% 19.1% 19.9% 28.1%
2007 21.4% 20.1% 18.6% 31.9%
2006 18.3% 23% 19.2% 34.9%
2005 15.7% 206.4% 20.4% 40.4%
2004 15.1% 245% 19.6% 46.7%
2003 11.9% 270.6% 20.1% 49.4%
2002 6.94% 346% 19.6% 45.5%
2001 - - 20.9% 43.8%
2000 - - 21.7% 44.9%
1999 - - 17.8% 41.1%
1998 - - 16.3% 36.8%
1997 - - 15.6% 34.5%
1996 - - 16.5% 37.4%
1995 - - 17.5% 36.8%
1994 - - 16.9% 41.9%
1993 - - 18.2% 49.9%
1992 - - 19.1% 46.8%
1991 - - 15.7% 48.3%
1990 - - 20.4% 56.3%
1989 - - 12.1% 34.9%
1988 - - 12.8% 42.8%
1987 - - 15.5% 39.1%
1986 - - 16.6% 48.6%
1985 - - 17.2% 63.4%
1984 - - 18.3% 56.7%
1983 - - 19.4% 56.2%
1982 - - 17.6% 34.2%
1981 - - 18.4% 30.6%
1980 - - 19.3% 36.3%
1979 - - 16.4% 45.9%
1978 - - 19% 56%
1977 - - 19.4% 44.8%
1976 - - 21.1% 34.5%
1975 - - 19.8% 27%
1974 - - 17.7% 24%
1973 - - 19.5% 22.6%
1972 - - 15.3% 20.6%
1971 - - 15% 19%
1970 - - 14.3% 20%
1969 - - 16.4% -
1968 - - 18.4% 15.2%
1967 - - 19.1% 12.1%
1966 - - 18.6% 17%
1965 - - 18.7% 14.5%
1964 - - 16.9% 14.1%
1963 - - 16.2% -
1962 - - 14.6% -
1961 - - 14.8% 16%
1960 - - 13.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/peru | CC BY

In 2025, Afghanistan's government spending was $3.5B, accounting for 20% of its GDP, while Peru spent $71.7B, or 21.4% of GDP.

Debt-to-GDP ratio is 7.98% in Afghanistan and 30.2% in Peru, ranking 181/185 and 154/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Peru
1x
Year Deficit/surplus, % of GDP
Afghanistan Peru
2025 -0.89% -2.36%
2024 -0.55% -3.53%
2023 -1.33% -2.74%
2022 -1% -1.38%
2021 -0.48% -2.49%
2020 -2.24% -8.19%
2019 -1.06% -1.37%
2018 1.63% -1.94%
2017 -0.67% -2.79%
2016 0.13% -2.12%
2015 -1.38% -2.02%
2014 -1.72% -0.19%
2013 -0.63% 0.75%
2012 0.18% 2.07%
2011 -0.67% 2.05%
2010 0.93% -0.02%
2009 -1.76% -1.48%
2008 -3.86% 2.48%
2007 -2.46% 3.35%
2006 0.68% 2.03%
2005 -0.92% -0.44%
2004 -2.39% -1.03%
2003 -2.1% -1.62%
2002 -0.1% -1.4%
2001 - -2.15%
2000 - -2.12%
1999 - -2.93%
1998 - -0.2%
1997 - 0.47%
1996 - -0.25%
1995 - -2.05%
1994 - -1.9%
1993 - -2.82%
1992 - -3.55%
1991 - -1.98%
1990 - -7.99%
1989 - -1.3%
1988 - -3.57%
1987 - -6.26%
1986 - -4.08%
1985 - -2.41%
1984 - -4.45%
1983 - -7.52%
1982 - -3.22%
1981 - -3.98%
1980 - -2.36%
1979 - -0.54%
1978 - -5.07%
1977 - -6.52%
1976 - -8.37%
1975 - -6.54%
1974 - -4.47%
1973 - -6.68%
1972 - -2.04%
1971 - -1.89%
1970 - -0.42%
1969 - -1.1%
1968 - -3.28%
1967 - -3.76%
1966 - -5.41%
1965 - -4.79%
1964 - -3.37%
1963 - -1.86%
1962 - 2.16%
1961 - 2.46%
1960 - 3.32%
1959 - -1.46%
1958 - -2.63%
1957 - -2.23%
1956 - -0.93%
1955 - 0.06%
1954 - -0.66%
1953 - -2.35%
1952 - 0.04%
1951 - 0.61%
1950 - 0.08%
1949 - 0.26%
1948 - -0.84%
1947 - -0.54%
1946 - -1.39%
1945 - 0%
1944 - 0%
1943 - 0.18%
1942 - -2.38%
1941 - -1.76%
1940 - 0.27%
1939 - -1.01%
1938 - -1.57%
1937 - 0.18%
1936 - 0.18%
1935 - 0.09%
1934 - 0.11%
1933 - 0.02%
1932 - -0.57%
1931 - -0.28%
1930 - -0.67%
1929 - 0.008%
1928 - -1.88%
1927 - 0%
1926 - -1.84%
1925 - -1.69%
1924 - -1.31%
1923 - -0.85%
1922 - -1.24%
1921 - -1.53%
1920 - -0.4%
1919 - -0.26%
1918 - -0.34%
1917 - -0.25%
1916 - 0.27%
1915 - -0.74%
1914 - -1.59%
1913 - -3.04%
1912 - -0.45%
1911 - 0.32%
1910 - 0.16%
1909 - -0.33%
1908 - -0.18%
1907 - 0.18%
1906 - 0.38%
1905 - 0.2%
1904 - 0.22%
1903 - 0.24%
1902 - 0.26%
1901 - 0.26%
1900 - 0%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/peru | CC BY

In 2024, Afghanistan's government deficit, the difference between spending and revenue, was $97.4M, equivalent to 0.55% of GDP. This compares to Peru's deficit of $10.3B, or 3.53% of GDP.

Over the past 23 years, Afghanistan recorded a fiscal deficit in 18 of those years, while Peru ran a deficit in 17 years. On average, Afghanistan posted an annual deficit equal to 0.95% of GDP, compared to deficit of 0.96% of GDP for Peru.

Inflation comparison by year

Inflation
Afghanistan

Peru
1x
Year Consumer prices inflation
Afghanistan Peru
2025 2.9% 1.53%
2024 -4.3% 2.01%
2023 -7.7% 6.46%
2022 10.6% 8.33%
2021 7.8% 4.27%
2020 5.6% 2%
2019 2.3% 2.25%
2018 0.6% 1.51%
2017 5% 2.99%
2016 4.4% 3.56%
2015 -0.7% 3.4%
2014 4.7% 3.41%
2013 7.4% 2.77%
2012 6.4% 3.61%
2011 11.8% 3.37%
2010 2.2% 1.53%
2009 -6.8% 2.94%
2008 26.4% 5.79%
2007 8.7% 1.78%
2006 6.8% 2%
2005 10.6% 1.62%
2004 16.4% 3.66%
2003 35.7% 2.26%
2002 - 0.19%
2001 - 1.98%
2000 - 3.76%
1999 - 3.47%
1998 - 7.25%
1997 - 8.56%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2003–2025, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/peru | CC BY

Over the past 23 years, Afghanistan has recorded an average annual inflation rate of 6.82%, compared with 3.18% in Peru. In 2025, inflation was 2.9% in Afghanistan and 1.53% in Peru.

Top exports between countries

Afghanistan
Export category Export value
Peru
Export category Export value
Raw agricultural goods $6K
Textiles & consumer goods $5K

Balance of trade

Afghanistan Peru
Current account balance
-$3.14B
2020
$12B
2025
Current account balance ranking
153/190
2020
23/190
2025
Current account balance, % of GDP
-15.7%
2020
+3.58%
2025
Goods imports
$5.88B
2020
$58.6B
2025
Goods exports
$777M
2020
$94B
2025
Service imports
$1.11B
2020
$15.9B
2025
Service exports
$700M
2020
$7.64B
2025
Imports of goods and services, % of GDP
68.1%
2024
21.8%
2025
Exports of goods and services, % of GDP
15.7%
2024
30%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Peru
Economic freedom 53 66.3
Economic freedom ranking 142/197 62/197
Property rights 3.6 44
Government integrity 13.5 35
Judicial effectiveness 0 47.8
Tax burden 92 79.4
Government spending 90.8 84.8
Fiscal health 98.4 87.4
Business freedom 33.7 73.1
Labor freedom 44.4 64.7
Monetary freedom 84.9 77.6
Trade freedom 68.6 81.6
Investment freedom 10 60
Financial freedom 10 60

Economic freedom comparison by year

Afghanistan
Peru
1x
Year Economic freedom index
Afghanistan Peru
2026 - 66.3
2025 - 65.9
2024 - 64.8
2023 - 66.5
2022 - 66.5
2021 53 67.7
2020 54.7 67.9
2019 51.5 67.8
2018 51.3 68.7
2017 48.9 68.9
2016 - 67.4
2015 - 67.7
2014 - 67.4
2013 - 68.2
2012 - 68.7
2011 - 68.6
2010 - 67.6
2009 - 64.6
2008 - 63.8
2007 - 62.7
2006 - 60.5
2005 - 61.3
2004 - 64.7
2003 - 64.6
2002 - 64.8
2001 - 69.6
2000 - 68.7
1999 - 69.2
1998 - 65
1997 - 63.8
1996 - 62.5
1995 - 56.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/peru | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 66.3 for Peru, ranking 62/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Peru
Services, % of GDP
45.2%
2024
50.9%
2024
Industry, % of GDP
14.5%
2024
34.3%
2024
Agriculture, forestry, and fishing, % of GDP
34.3%
2024
7.47%
2024
GNI, Atlas method
$16.8B
2024
$291B
2025
GNI per capita, PPP
$2,250
2024
$17,540
2025
Total reserves including gold
$9.75B
2020
$90.4B
2025
Total reserves ranking
81/177
2020
32/177
2025
Net foreign direct investment
$24.3M
2020
-$8.93B
2025
Net inflows of foreign direct investment
$0
2024
$6.7B
2024
Net outflows of foreign direct investment
$0
2024
$1.14B
2024
Servicing debt to the IMF, % of GNI
0.38%
2024
5.54%
2024
Poverty at national poverty lines
47.1%
2019
27.6%
2024
Gross capital formation, % of GDP
17.1%
2024
20.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/afghanistan/peru | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.