Skip to content

Economy of Kazakhstan vs Peru compared: GDP & Debt

Updated on by Georank team

Kazakhstan has a GDP of $291B compared to $289B for Peru, ranking 48/197 and 49/197 by economy size, respectively.

Kazakhstan has $71.1B in government debt (24.4% of GDP), compared to $93B (32.2% of GDP) in Peru.

Kazakhstan vs Peru GDP by year

Kazakhstan
Peru
1x
Year GDP, current $
Kazakhstan Peru
2024 $291,480,274,649 $289,221,969,063
2023 $261,840,101,060 $266,958,720,838
2022 $225,496,328,925 $246,065,570,308
2021 $197,112,255,361 $226,328,766,460
2020 $171,082,365,861 $201,409,694,756
2019 $181,667,184,855 $228,346,006,004
2018 $179,339,977,690 $222,597,009,739
2017 $166,805,788,827 $211,007,984,081
2016 $137,278,320,084 $191,898,104,390
2015 $184,388,404,706 $189,802,976,286
2014 $221,415,613,595 $200,786,250,583
2013 $236,634,603,409 $201,175,543,571
2012 $207,998,568,866 $192,650,021,649
2011 $192,626,464,617 $171,761,737,047
2010 $148,047,348,241 $147,527,631,521
2009 $115,308,686,941 $120,822,986,521
2008 $133,441,648,852 $120,550,599,815
2007 $104,849,915,058 $102,170,981,144
2006 $81,003,864,630 $88,643,193,062
2005 $57,123,671,734 $76,060,606,061
2004 $43,151,647,003 $66,768,703,498
2003 $30,833,692,900 $58,731,030,122
2002 $24,636,598,527 $54,777,553,515
2001 $22,152,689,180 $52,030,158,775
2000 $18,291,990,662 $51,744,749,133
1999 $16,870,817,182 $50,187,324,568
1998 $22,135,245,507 $55,501,467,877
1997 $22,165,932,063 $58,147,522,523
1996 $21,035,357,937 $55,252,414,130
1995 $20,374,302,652 $53,312,793,687
1994 $21,250,792,886 $44,882,079,767
1993 $23,409,260,880 $34,832,077,221
1992 $24,917,355,372 $35,966,302,303
1991 $24,923,076,923 $34,341,465,998
1990 $26,932,016,270 $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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Kazakhstan vs Peru by year

Kazakhstan
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kazakhstan Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $14,155 $40,891 $8,452 $17,802
2023 $12,879 $38,515 $7,888 $17,011
2022 $11,255 $35,895 $7,351 $16,669
2021 $9,984 $32,946 $6,826 $15,281
2020 $8,782 $29,040 $6,133 $12,563
2019 $9,457 $28,689 $7,037 $13,564
2018 $9,472 $25,096 $6,978 $13,078
2017 $8,943 $23,973 $6,736 $12,592
2016 $7,476 $23,023 $6,217 $12,067
2015 $10,196 $22,484 $6,232 $11,600
2014 $12,428 $23,958 $6,667 $11,518
2013 $13,478 $23,754 $6,747 $11,291
2012 $12,019 $21,367 $6,519 $10,757
2011 $11,287 $20,160 $5,861 $10,463
2010 $8,793 $18,642 $5,072 $9,713
2009 $6,938 $17,389 $4,181 $8,917
2008 $8,124 $17,278 $4,198 $8,820
2007 $6,449 $16,581 $3,581 $7,982
2006 $5,030 $14,966 $3,130 $7,214
2005 $3,577 $13,226 $2,707 $6,560
2004 $2,722 $11,777 $2,397 $6,038
2003 $1,958 $10,532 $2,129 $5,657
2002 $1,574 $9,504 $2,007 $5,383
2001 $1,422 $8,568 $1,930 $5,086
2000 $1,180 $7,418 $1,945 $5,012
1999 $1,092 $6,626 $1,917 $4,847
1998 $1,415 $6,284 $2,156 $4,791
1997 $1,382 $6,178 $2,301 $4,844
1996 $1,281 $5,836 $2,227 $4,556
1995 $1,218 $5,595 $2,190 $4,435
1994 $1,247 $5,860 $1,879 $4,123
1993 $1,355 $6,477 $1,488 $3,666
1992 $1,438 $6,945 $1,567 $3,472
1991 $1,442 $7,193 $1,527 $3,484
1990 $1,570 $7,874 $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 (1960–2024, retrieved 2026-04-06).

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

Kazakhstan's GDP per capita is $14,155, ranking 71/197, compared to $8,452 in Peru, ranking 91/197. Adjusted for purchasing power (GDP per capita PPP), Kazakhstan ranks 58th at $40,891, while Peru ranks 104th at $17,802.

Economic indicators

Kazakhstan Peru
Gross domestic product
$291B
2024
$289B
2024
GDP rank
48/197
2024
49/197
2024
GDP growth
5%
2023-2024
3.3%
2023-2024
GDP per capita
$14,155
2024
$8,452
2024
GDP per capita rank
71/197
2024
91/197
2024
GDP per capita, PPP
$40,891
2024
$17,802
2024
GDP per capita PPP rank
58/197
2024
104/197
2024
Government debt
$71.1B
2024
$93B
2024
Debt-to-GDP ratio
24.4%
2024
32.2%
2024
Government debt per person
$3,450
2024
$2,717
2024
Government debt per person rank
95/185
2024
108/185
2024
Average annual personal income after taxes
$7,486
2026
$7,290
2026
Market capitalization of domestic companies
$62.8B
2024
$82.2B
2024
Number of millionaires
44,307
2025
n/a
Number of billionaires
6
2025
n/a
Income share by richest 10%
24.8%
2021
30.3%
2024
Income share by poorest 10%
4.3%
2021
2%
2024
Government expenditure, % of GDP
20.7%
2024
22.3%
2024
Consumer prices inflation
8.7%
2023-2024
2.01%
2023-2024
Central bank interest rate
18%
2025
4.25%
2025
Unemployment rate
4.86%
2022
4.86%
2024
Population
21161809
35031596

Spending and national debt comparison by year

Kazakhstan
Spending

Debt
Peru
Spending

Debt
1x
Year % of GDP
Kazakhstan Peru
Government spending Government debt Government spending Government debt
2024 20.7% 24.4% 22.3% 32.2%
2023 23.4% 23% 22.1% 32.4%
2022 21.7% 23.5% 23.1% 33.5%
2021 22.1% 25.1% 23.1% 35.5%
2020 24.5% 26.4% 25.6% 34.3%
2019 20.2% 19.9% 20.8% 26.5%
2018 18.8% 20.3% 21% 25.7%
2017 24.1% 19.9% 20.6% 24.8%
2016 21.5% 19.7% 20.5% 23.9%
2015 22.9% 21.9% 22% 23.7%
2014 21.3% 14.5% 22.4% 20.5%
2013 19.8% 12.6% 21.5% 19.9%
2012 21.9% 12.1% 20.3% 20.7%
2011 21.2% 10.2% 19.8% 23.1%
2010 22.5% 10.7% 21% 25.1%
2009 23.5% 10.2% 21.3% 28.2%
2008 27.1% 6.77% 19.9% 28.1%
2007 23.7% 4.09% 18.6% 31.9%
2006 19.8% 6.68% 19.2% 34.9%
2005 22% 8.1% 20.4% 40.4%
2004 21.3% 11.4% 19.6% 46.7%
2003 21.4% 15% 20.1% 49.4%
2002 20.5% 17.6% 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 (2000–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Kazakhstan's government spending was $60.3B, accounting for 20.7% of its GDP, while Peru spent $64.4B, or 22.3% of GDP.

Debt-to-GDP ratio is 24.4% in Kazakhstan and 32.2% in Peru, ranking 167/185 and 154/185, respectively.

Government deficit by year

Deficit/surplus
Kazakhstan

Peru
1x
Year Deficit/surplus, % of GDP
Kazakhstan Peru
2024 -1.6% -3.54%
2023 -1.52% -2.78%
2022 0.11% -1.38%
2021 -4.97% -2.49%
2020 -7.04% -8.16%
2019 -0.57% -1.37%
2018 2.58% -1.94%
2017 -4.27% -2.79%
2016 -4.5% -2.12%
2015 -6.26% -2.02%
2014 2.48% -0.19%
2013 4.95% 0.75%
2012 4.43% 2.07%
2011 5.81% 2.05%
2010 1.47% -0.02%
2009 -1.33% -1.48%
2008 1.23% 2.48%
2007 5.13% 3.35%
2006 7.65% 2.03%
2005 6.08% -0.44%
2004 3.29% -1.03%
2003 4% -1.62%
2002 1.92% -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 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20).

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

In 2024, Kazakhstan's government deficit, the difference between spending and revenue, was $4.66B, equivalent to 1.6% of GDP. This compares to Peru's deficit of $10.2B, or 3.54% of GDP.

Over the past 23 years, Kazakhstan recorded a fiscal deficit in 9 of those years, while Peru ran a deficit in 17 years. On average, Kazakhstan posted an annual surplus equal to 0.83% of GDP, compared to deficit of 0.96% of GDP for Peru.

Inflation comparison by year

Inflation
Kazakhstan

Peru
1x
Year Consumer prices inflation
Kazakhstan Peru
2024 8.7% 2.01%
2023 14.5% 6.46%
2022 15% 8.33%
2021 8% 4.27%
2020 6.8% 2%
2019 5.3% 2.25%
2018 6% 1.51%
2017 7.5% 2.99%
2016 14.6% 3.56%
2015 6.8% 3.4%
2014 6.6% 3.41%
2013 5.8% 2.77%
2012 5.1% 3.61%
2011 8.4% 3.37%
2010 7.1% 1.53%
2009 7.3% 2.94%
2008 17.2% 5.79%
2007 10.8% 1.78%
2006 8.6% 2%
2005 7.4% 1.62%
2004 7% 3.66%
2003 6.4% 2.26%
2002 6% 0.19%
2001 8.4% 1.98%
2000 13.2% 3.76%
1999 8.3% 3.47%
1998 7.1% 7.25%
1997 17.4% 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/kazakhstan/peru | CC BY

Over the past 28 years, Kazakhstan has recorded an average annual inflation rate of 8.98%, compared with 3.45% in Peru. In 2024, inflation was 8.7% in Kazakhstan and 2.01% in Peru.

Top exports between countries

Kazakhstan
Export category Export value
Raw materials & minerals $2.53M
Metals $664K
Machinery & equipment $31K
Chemicals & pharma $12K
Textiles & consumer goods $11K
Peru
Export category Export value
Machinery & equipment $4.4M
Chemicals & pharma $735K
Textiles & consumer goods $48K
Raw agricultural goods $42K
Raw materials & minerals $8K
Metals $3K

Balance of trade

Kazakhstan Peru
Current account balance
-$7.94B
2024
$6.39B
2024
Current account balance ranking
173/190
2024
29/190
2024
Current account balance, % of GDP
-2.72%
2024
+2.21%
2024
Goods imports
$61.8B
2024
$52.1B
2024
Goods exports
$79B
2024
$76.2B
2024
Service imports
$13B
2024
$15.1B
2024
Service exports
$11.8B
2024
$7.15B
2024
Imports of goods and services, % of GDP
25.6%
2024
22.9%
2024
Exports of goods and services, % of GDP
31.6%
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.

Kazakhstan Peru
Economic freedom 64.2 66.3
Economic freedom ranking 75/197 62/197
Property rights 54.9 44
Government integrity 40.7 35
Judicial effectiveness 33.8 47.8
Tax burden 91.2 79.4
Government spending 85.6 84.8
Fiscal health 97.2 87.4
Business freedom 64.9 73.1
Labor freedom 63.5 64.7
Monetary freedom 64.3 77.6
Trade freedom 74.4 81.6
Investment freedom 50 60
Financial freedom 50 60

Economic freedom comparison by year

Kazakhstan
Peru
1x
Year Economic freedom index
Kazakhstan Peru
2026 64.2 66.3
2025 63.8 65.9
2024 62 64.8
2023 62.1 66.5
2022 64.4 66.5
2021 71.1 67.7
2020 69.6 67.9
2019 65.4 67.8
2018 69.1 68.7
2017 69 68.9
2016 63.6 67.4
2015 63.3 67.7
2014 63.7 67.4
2013 63 68.2
2012 63.6 68.7
2011 62.1 68.6
2010 61 67.6
2009 60.1 64.6
2008 61.1 63.8
2007 59.6 62.7
2006 60.2 60.5
2005 53.9 61.3
2004 49.7 64.7
2003 52.3 64.6
2002 52.4 64.8
2001 51.8 69.6
2000 50.4 68.7
1999 47.3 69.2
1998 41.7 65
1997 - 63.8
1996 - 62.5
1995 - 56.9

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

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

The Economic Freedom Index for Kazakhstan is 64.2, ranking 75/197, 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

Kazakhstan Peru
Services, % of GDP
57.9%
2024
51.3%
2024
Industry, % of GDP
32.1%
2024
34%
2024
Agriculture, forestry, and fishing, % of GDP
3.88%
2024
7.34%
2024
GNI, Atlas method
$249B
2024
$257B
2024
GNI per capita, PPP
$37,590
2024
$16,780
2024
Total reserves including gold
$45.8B
2024
$79.2B
2024
Total reserves ranking
43/177
2024
33/177
2024
Net foreign direct investment
-$3.9B
2024
-$5.63B
2024
Net inflows of foreign direct investment
$1.98B
2024
$6.8B
2024
Net outflows of foreign direct investment
-$1.92B
2024
$1.17B
2024
Servicing debt to the IMF, % of GNI
17.3%
2024
5.58%
2024
Poverty at national poverty lines
5%
2024
27.6%
2024
Gross capital formation, % of GDP
27.2%
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/kazakhstan/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 (1960–2024, 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 (2000–2024, 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 (2023–2024, 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.