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Economy of Congo vs Peru compared: GDP & Debt

Updated on by Georank team

The Congo has a GDP of $15.7B compared to $289B for Peru, ranking 141/197 and 49/197 by economy size, respectively.

The Congo has $15.4B in government debt (98% of GDP), compared to $93B (32.2% of GDP) in Peru.

Congo vs Peru GDP by year

Congo
Peru
1x
Year GDP, current $
Congo Peru
2024 $15,719,986,077 $289,221,969,063
2023 $15,321,055,823 $266,958,720,838
2022 $15,817,030,155 $246,065,570,308
2021 $14,825,690,211 $226,328,766,460
2020 $11,468,687,464 $201,409,694,756
2019 $13,976,637,780 $228,346,006,004
2018 $14,773,900,289 $222,597,009,739
2017 $11,834,473,039 $211,007,984,081
2016 $10,931,328,151 $191,898,104,390
2015 $12,434,793,867 $189,802,976,286
2014 $17,919,321,078 $200,786,250,583
2013 $17,958,720,699 $201,175,543,571
2012 $17,692,911,296 $192,650,021,649
2011 $15,655,383,577 $171,761,737,047
2010 $13,148,396,212 $147,527,631,521
2009 $9,723,299,915 $120,822,986,521
2008 $11,649,857,673 $120,550,599,815
2007 $8,782,703,437 $102,170,981,144
2006 $8,072,305,029 $88,643,193,062
2005 $6,650,001,680 $76,060,606,061
2004 $4,656,974,940 $66,768,703,498
2003 $3,503,723,088 $58,731,030,122
2002 $3,034,250,924 $54,777,553,515
2001 $2,796,704,604 $52,030,158,775
2000 $3,227,927,698 $51,744,749,133
1999 $2,354,772,960 $50,187,324,568
1998 $1,949,481,379 $55,501,467,877
1997 $2,322,719,103 $58,147,522,523
1996 $2,540,697,539 $55,252,414,130
1995 $2,116,003,868 $53,312,793,687
1994 $1,769,365,438 $44,882,079,767
1993 $2,684,323,623 $34,832,077,221
1992 $2,933,222,703 $35,966,302,303
1991 $2,724,853,506 $34,341,465,998
1990 $2,798,746,050 $26,410,386,963
1989 $2,389,593,026 $22,499,558,526
1988 $2,212,536,312 $15,439,408,447
1987 $2,297,753,652 $36,889,706,593
1986 $1,849,268,212 $21,859,448,586
1985 $2,160,872,540 $15,078,736,875
1984 $2,193,581,365 $17,600,400,385
1983 $2,097,274,290 $17,345,260,564
1982 $2,160,640,565 $21,794,535,621
1981 $1,993,512,323 $21,648,214,893
1980 $1,705,796,853 $18,136,838,538
1979 $1,198,749,667 $15,954,012,439
1978 $878,771,772 $12,491,876,743
1977 $765,224,029 $14,544,913,961
1976 $754,549,601 $16,131,958,851
1975 $767,102,680 $16,931,162,355
1974 $585,364,634 $13,858,441,211
1973 $541,973,363 $10,994,381,895
1972 $410,669,264 $9,189,413,409
1971 $322,128,019 $8,289,582,884
1970 $274,960,700 $7,432,223,177
1969 $265,040,036 $6,420,909,790
1968 $251,247,458 $5,736,083,835
1967 $237,397,428 $6,194,340,080
1966 $220,613,582 $6,109,048,737
1965 $198,318,064 $5,163,008,077
1964 $185,693,725 $4,353,664,867
1963 $172,233,431 $3,598,272,493
1962 $166,521,240 $3,284,322,201
1961 $151,675,739 $2,897,852,693
1960 $131,731,863 $2,571,986,572

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Congo vs Peru by year

Congo
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Congo Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,482 $7,026 $8,452 $17,802
2023 $2,478 $6,850 $7,888 $17,011
2022 $2,621 $6,647 $7,351 $16,669
2021 $2,516 $6,263 $6,826 $15,281
2020 $1,994 $4,771 $6,133 $12,563
2019 $2,488 $5,720 $7,037 $13,564
2018 $2,694 $5,593 $6,978 $13,078
2017 $2,212 $4,445 $6,736 $12,592
2016 $2,093 $4,016 $6,217 $12,067
2015 $2,439 $4,715 $6,232 $11,600
2014 $3,601 $5,733 $6,667 $11,518
2013 $3,697 $5,834 $6,747 $11,291
2012 $3,732 $6,058 $6,519 $10,757
2011 $3,396 $5,175 $5,861 $10,463
2010 $2,947 $5,125 $5,072 $9,713
2009 $2,271 $4,801 $4,181 $8,917
2008 $2,832 $4,448 $4,198 $8,820
2007 $2,206 $4,243 $3,581 $7,982
2006 $2,104 $4,588 $3,130 $7,214
2005 $1,799 $4,279 $2,707 $6,560
2004 $1,306 $3,992 $2,397 $6,038
2003 $1,017 $3,887 $2,129 $5,657
2002 $906 $3,888 $2,007 $5,383
2001 $855 $3,748 $1,930 $5,086
2000 $1,024 $3,667 $1,945 $5,012
1999 $776 $3,464 $1,917 $4,847
1998 $660 $3,602 $2,156 $4,791
1997 $804 $3,510 $2,301 $4,844
1996 $899 $3,547 $2,227 $4,556
1995 $770 $3,434 $2,190 $4,435
1994 $662 $3,327 $1,879 $4,123
1993 $1,034 $3,550 $1,488 $3,666
1992 $1,164 $3,608 $1,567 $3,472
1991 $1,113 $3,536 $1,527 $3,484
1990 $1,176 $3,437 $1,200 $3,367
1989 $1,033 - $1,045 -
1988 $984 - $733 -
1987 $1,052 - $1,792 -
1986 $872 - $1,087 -
1985 $1,049 - $767 -
1984 $1,097 - $918 -
1983 $1,075 - $927 -
1982 $1,131 - $1,194 -
1981 $1,066 - $1,216 -
1980 $933 - $1,045 -
1979 $670 - $942 -
1978 $503 - $756 -
1977 $448 - $903 -
1976 $453 - $1,026 -
1975 $471 - $1,104 -
1974 $370 - $927 -
1973 $353 - $754 -
1972 $276.3 - $647 -
1971 $223.5 - $599 -
1970 $196.7 - $550 -
1969 $195.4 - $488 -
1968 $190.8 - $448 -
1967 $185.7 - $498 -
1966 $177.6 - $505 -
1965 $164.2 - $439 -
1964 $158.1 - $381 -
1963 $150.7 - $324 -
1962 $149.6 - $305 -
1961 $139.9 - $276.6 -
1960 $124.7 - $252.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

The Congo's GDP per capita is $2,482, ranking 149/197, compared to $8,452 in Peru, ranking 91/197. Adjusted for purchasing power (GDP per capita PPP), the Congo ranks 148th at $7,026, while Peru ranks 104th at $17,802.

Economic indicators

Congo Peru
Gross domestic product
$15.7B
2024
$289B
2024
GDP rank
141/197
2024
49/197
2024
GDP growth
2.58%
2023-2024
3.3%
2023-2024
GDP per capita
$2,482
2024
$8,452
2024
GDP per capita rank
149/197
2024
91/197
2024
GDP per capita, PPP
$7,026
2024
$17,802
2024
GDP per capita PPP rank
148/197
2024
104/197
2024
Government debt
$15.4B
2024
$93B
2024
Debt-to-GDP ratio
98%
2024
32.2%
2024
Government debt per person
$2,433
2024
$2,717
2024
Government debt per person rank
112/185
2024
108/185
2024
Average annual personal income after taxes
$2,153
2026
$7,290
2026
Market capitalization of domestic companies n/a
$82.2B
2024
Income share by richest 10%
37.9%
2011
30.3%
2024
Income share by poorest 10%
1.6%
2011
2%
2024
Government expenditure, % of GDP
21.7%
2024
22.3%
2024
Consumer prices inflation
3.1%
2023-2024
2.01%
2023-2024
Central bank interest rate n/a
4.25%
2025
Unemployment rate
10%
2012
4.86%
2024
Population
6681829
35031596

Spending and national debt comparison by year

Congo
Spending

Debt
Peru
Spending

Debt
1x
Year % of GDP
Congo Peru
Government spending Government debt Government spending Government debt
2024 21.7% 98% 22.3% 32.2%
2023 20.7% 102.9% 22.1% 32.4%
2022 22.8% 93.5% 23.1% 33.5%
2021 20.9% 97.8% 23.1% 35.5%
2020 21.1% 102.5% 25.6% 34.3%
2019 20.2% 77.6% 20.8% 26.5%
2018 17.8% 71.2% 21% 25.7%
2017 26.6% 88.5% 20.6% 24.8%
2016 38.8% 84.6% 20.5% 23.9%
2015 41.3% 74.2% 22% 23.7%
2014 48.6% 42.3% 22.4% 20.5%
2013 42.4% 33.9% 21.5% 19.9%
2012 30.7% 30.2% 20.3% 20.7%
2011 27.9% 34.4% 19.8% 23.1%
2010 23% 43.5% 21% 25.1%
2009 24.4% 83.8% 21.3% 28.2%
2008 24.2% 69.6% 19.9% 28.1%
2007 28.6% 93.8% 18.6% 31.9%
2006 26.6% 94.7% 19.2% 34.9%
2005 22.1% 99.8% 20.4% 40.4%
2004 24.4% 122.6% 19.6% 46.7%
2003 27% 185.3% 20.1% 49.4%
2002 32.1% 163.5% 19.6% 45.5%
2001 29.1% 180.1% 20.9% 43.8%
2000 22.6% 145% 21.7% 44.9%
1999 28.8% 0% 17.8% 41.1%
1998 25.1% 0% 16.3% 36.8%
1997 22.2% 0% 15.6% 34.5%
1996 15.7% 0% 16.5% 37.4%
1995 27.6% 0% 17.5% 36.8%
1994 30.7% 0% 16.9% 41.9%
1993 32.8% 0% 18.2% 49.9%
1992 32.8% 0% 19.1% 46.8%
1991 34.1% 0% 15.7% 48.3%
1990 30.4% 0% 20.4% 56.3%
1989 20.3% 151.7% 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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, the Congo's government spending was $3.4B, accounting for 21.7% of its GDP, while Peru spent $64.4B, or 22.3% of GDP.

Debt-to-GDP ratio is 98% in the Congo and 32.2% in Peru, ranking 25/185 and 154/185, respectively.

Government deficit by year

Deficit/surplus
Congo

Peru
1x
Year Deficit/surplus, % of GDP
Congo Peru
2024 3.62% -3.54%
2023 5.81% -2.78%
2022 8.94% -1.38%
2021 1.63% -2.49%
2020 -1.1% -8.16%
2019 4.3% -1.37%
2018 5.22% -1.94%
2017 -5.57% -2.79%
2016 -14.5% -2.12%
2015 -17.8% -2.02%
2014 -10.7% -0.19%
2013 -2.85% 0.75%
2012 7.24% 2.07%
2011 16.1% 2.05%
2010 15.5% -0.02%
2009 4.76% -1.48%
2008 23.9% 2.48%
2007 8.99% 3.35%
2006 16% 2.03%
2005 13.4% -0.44%
2004 3.33% -1.03%
2003 0.37% -1.62%
2002 -7.34% -1.4%
2001 -0.71% -2.15%
2000 1.05% -2.12%
1999 -4.75% -2.93%
1998 -5.16% -0.2%
1997 3.67% 0.47%
1996 9.2% -0.25%
1995 -6.38% -2.05%
1994 -10.6% -1.9%
1993 -11.3% -2.82%
1992 -12.7% -3.55%
1991 -11.2% -1.98%
1990 -4.1% -7.99%
1989 0.78% -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 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, the Congo's government surplus, the difference between spending and revenue, was $568M, equivalent to 3.62% of GDP. This compares to Peru's deficit of $10.2B, or 3.54% of GDP.

Over the past 36 years, the Congo recorded a fiscal deficit in 16 of those years, while Peru ran a deficit in 29 years. On average, the Congo posted an annual surplus equal to 0.75% of GDP, compared to deficit of 1.41% of GDP for Peru.

Inflation comparison by year

Inflation
Congo

Peru
1x
Year Consumer prices inflation
Congo Peru
2024 3.1% 2.01%
2023 4.3% 6.46%
2022 3% 8.33%
2021 2% 4.27%
2020 1.4% 2%
2019 0.4% 2.25%
2018 1.2% 1.51%
2017 0.4% 2.99%
2016 3.2% 3.56%
2015 3.2% 3.4%
2014 0.9% 3.41%
2013 4.6% 2.77%
2012 5% 3.61%
2011 1.8% 3.37%
2010 0.4% 1.53%
2009 4.3% 2.94%
2008 6% 5.79%
2007 2.6% 1.78%
2006 4.7% 2%
2005 2.5% 1.62%
2004 3.7% 3.66%
2003 1.7% 2.26%
2002 3% 0.19%
2001 0.8% 1.98%
2000 0.5% 3.76%
1999 3% 3.47%
1998 2.2% 7.25%
1997 12.7% 8.56%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, the Congo has recorded an average annual inflation rate of 2.95%, compared with 3.45% in Peru. In 2024, inflation was 3.1% in the Congo and 2.01% in Peru.

Top exports between countries

Congo
Export category Export value
Raw materials & minerals $56.5M
Peru
Export category Export value
Animal & marine products $1.38M
Machinery & equipment $40K
Raw materials & minerals $5K
Metals $2K
Textiles & consumer goods $2K

Balance of trade

Congo Peru
Current account balance
$1.72B
2021
$6.39B
2024
Current account balance ranking
48/190
2021
29/190
2024
Current account balance, % of GDP
+11.6%
2021
+2.21%
2024
Goods imports
$2.78B
2021
$52.1B
2024
Goods exports
$7.51B
2021
$76.2B
2024
Service imports
$1.71B
2021
$15.1B
2024
Service exports
$240M
2021
$7.15B
2024
Imports of goods and services, % of GDP
40.4%
2024
22.9%
2024
Exports of goods and services, % of GDP
52.8%
2024
28.5%
2024

Economic freedom indices

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

Congo Peru
Economic freedom 48.6 66.3
Economic freedom ranking 169/197 62/197
Property rights 28.7 44
Government integrity 13.9 35
Judicial effectiveness 15.4 47.8
Tax burden 73.7 79.4
Government spending 85.8 84.8
Fiscal health 80.8 87.4
Business freedom 35.8 73.1
Labor freedom 52.4 64.7
Monetary freedom 78.4 77.6
Trade freedom 52.8 81.6
Investment freedom 35 60
Financial freedom 30 60

Economic freedom comparison by year

Congo
Peru
1x
Year Economic freedom index
Congo Peru
2026 48.6 66.3
2025 48.6 65.9
2024 47.8 64.8
2023 48.1 66.5
2022 48.5 66.5
2021 50.7 67.7
2020 41.8 67.9
2019 39.7 67.8
2018 38.9 68.7
2017 40 68.9
2016 42.8 67.4
2015 42.7 67.7
2014 43.7 67.4
2013 43.5 68.2
2012 43.8 68.7
2011 43.6 68.6
2010 43.2 67.6
2009 45.4 64.6
2008 45.3 63.8
2007 44.4 62.7
2006 43.8 60.5
2005 46.2 61.3
2004 45.9 64.7
2003 47.7 64.6
2002 45.3 64.8
2001 44.3 69.6
2000 40.6 68.7
1999 41.6 69.2
1998 33.8 65
1997 42.2 63.8
1996 40.3 62.5
1995 - 56.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for the Congo is 48.6, ranking 169/197, 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

Congo Peru
Services, % of GDP
45%
2024
51.3%
2024
Industry, % of GDP
40.1%
2024
34%
2024
Agriculture, forestry, and fishing, % of GDP
9.44%
2024
7.34%
2024
GNI, Atlas method
$14.4B
2024
$257B
2024
GNI per capita, PPP
$6,340
2024
$16,780
2024
Total reserves including gold
$715M
2023
$79.2B
2024
Total reserves ranking
148/177
2023
33/177
2024
Net foreign direct investment
$330M
2021
-$5.63B
2024
Net inflows of foreign direct investment
$604M
2024
$6.8B
2024
Net outflows of foreign direct investment
$25.4M
2024
$1.17B
2024
Servicing debt to the IMF, % of GNI
7.67%
2024
5.58%
2024
Poverty at national poverty lines
40.9%
2011
27.6%
2024
Gross capital formation, % of GDP
26.8%
2024
19.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.