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Economy of Kyrgyzstan vs Peru compared: GDP & Debt

Updated on by Georank team

Kyrgyzstan has a GDP of $17.5B compared to $289B for Peru, ranking 135/197 and 49/197 by economy size, respectively.

Kyrgyzstan has $6.56B in government debt (37.5% of GDP), compared to $93B (32.2% of GDP) in Peru.

Kyrgyzstan vs Peru GDP by year

Kyrgyzstan
Peru
1x
Year GDP, current $
Kyrgyzstan Peru
2024 $17,478,259,659 $289,221,969,063
2023 $15,180,842,369 $266,958,720,838
2022 $12,134,931,018 $246,065,570,308
2021 $9,249,133,946 $226,328,766,460
2020 $8,270,468,614 $201,409,694,756
2019 $9,371,275,264 $228,346,006,004
2018 $8,271,106,235 $222,597,009,739
2017 $7,702,938,379 $211,007,984,081
2016 $6,813,095,379 $191,898,104,390
2015 $6,678,177,512 $189,802,976,286
2014 $7,468,102,413 $200,786,250,583
2013 $7,335,033,801 $201,175,543,571
2012 $6,605,142,884 $192,650,021,649
2011 $6,197,765,984 $171,761,737,047
2010 $4,794,361,863 $147,527,631,521
2009 $4,690,061,381 $120,822,986,521
2008 $5,139,958,909 $120,550,599,815
2007 $3,802,570,553 $102,170,981,144
2006 $2,834,168,889 $88,643,193,062
2005 $2,460,246,766 $76,060,606,061
2004 $2,211,534,585 $66,768,703,498
2003 $1,919,008,090 $58,731,030,122
2002 $1,605,643,105 $54,777,553,515
2001 $1,525,116,370 $52,030,158,775
2000 $1,369,688,498 $51,744,749,133
1999 $1,249,061,487 $50,187,324,568
1998 $1,645,963,750 $55,501,467,877
1997 $1,767,864,036 $58,147,522,523
1996 $1,827,570,586 $55,252,414,130
1995 $1,661,147,035 $53,312,793,687
1994 $1,681,780,847 $44,882,079,767
1993 $2,026,019,253 $34,832,077,221
1992 $2,315,346,943 $35,966,302,303
1991 $2,542,256,424 $34,341,465,998
1990 $2,660,202,623 $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/kyrgyzstan/peru | CC BY

GDP per capita in Kyrgyzstan vs Peru by year

Kyrgyzstan
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kyrgyzstan Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,420 $8,012 $8,452 $17,802
2023 $2,138 $7,298 $7,888 $17,011
2022 $1,740 $6,578 $7,351 $16,669
2021 $1,350 $5,736 $6,826 $15,281
2020 $1,230 $5,179 $6,133 $12,563
2019 $1,422 $5,304 $7,037 $13,564
2018 $1,284 $4,778 $6,978 $13,078
2017 $1,221 $4,954 $6,736 $12,592
2016 $1,103 $4,604 $6,217 $12,067
2015 $1,106 $4,153 $6,232 $11,600
2014 $1,265 $4,228 $6,667 $11,518
2013 $1,270 $4,001 $6,747 $11,291
2012 $1,169 $3,589 $6,519 $10,757
2011 $1,117 $3,278 $5,861 $10,463
2010 $877 $3,076 $5,072 $9,713
2009 $870 $3,097 $4,181 $8,917
2008 $966 $3,031 $4,198 $8,820
2007 $722 $2,770 $3,581 $7,982
2006 $543 $2,508 $3,130 $7,214
2005 $477 $2,386 $2,707 $6,560
2004 $433 $2,343 $2,397 $6,038
2003 $381 $2,158 $2,129 $5,657
2002 $322 $1,998 $2,007 $5,383
2001 $308 $1,986 $1,930 $5,086
2000 $279.6 $1,862 $1,945 $5,012
1999 $258 $1,747 $1,917 $4,847
1998 $345 $1,687 $2,156 $4,791
1997 $376 $1,659 $2,301 $4,844
1996 $395 $1,505 $2,227 $4,556
1995 $364 $1,401 $2,190 $4,435
1994 $372 $1,466 $1,879 $4,123
1993 $449 $1,795 $1,488 $3,666
1992 $513 $2,075 $1,567 $3,472
1991 $570 $2,382 $1,527 $3,484
1990 $606 $2,544 $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/kyrgyzstan/peru | CC BY

Kyrgyzstan's GDP per capita is $2,420, ranking 150/197, compared to $8,452 in Peru, ranking 91/197. Adjusted for purchasing power (GDP per capita PPP), Kyrgyzstan ranks 141st at $8,012, while Peru ranks 104th at $17,802.

Economic indicators

Kyrgyzstan Peru
Gross domestic product
$17.5B
2024
$289B
2024
GDP rank
135/197
2024
49/197
2024
GDP growth
9.04%
2023-2024
3.3%
2023-2024
GDP per capita
$2,420
2024
$8,452
2024
GDP per capita rank
150/197
2024
91/197
2024
GDP per capita, PPP
$8,012
2024
$17,802
2024
GDP per capita PPP rank
141/197
2024
104/197
2024
Government debt
$6.56B
2024
$93B
2024
Debt-to-GDP ratio
37.5%
2024
32.2%
2024
Government debt per person
$908
2024
$2,717
2024
Government debt per person rank
144/185
2024
108/185
2024
Average annual personal income after taxes
$4,187
2026
$7,290
2026
Market capitalization of domestic companies n/a
$82.2B
2024
Income share by richest 10%
23%
2023
30.3%
2024
Income share by poorest 10%
4.3%
2023
2%
2024
Government expenditure, % of GDP
33.7%
2024
22.3%
2024
Consumer prices inflation
5%
2023-2024
2.01%
2023-2024
Central bank interest rate
10%
2025
4.25%
2025
Unemployment rate
3.5%
2023
4.86%
2024
Population
7471102
35031596

Spending and national debt comparison by year

Kyrgyzstan
Spending

Debt
Peru
Spending

Debt
1x
Year % of GDP
Kyrgyzstan Peru
Government spending Government debt Government spending Government debt
2024 33.7% 37.5% 22.3% 32.2%
2023 32.9% 42% 22.1% 32.4%
2022 35% 46.8% 23.1% 33.5%
2021 32.1% 56.2% 23.1% 35.5%
2020 32.1% 63.6% 25.6% 34.3%
2019 30.8% 48.8% 20.8% 26.5%
2018 33.1% 54.8% 21% 25.7%
2017 37% 58.8% 20.6% 24.8%
2016 38.9% 59.1% 20.5% 23.9%
2015 38.1% 67.1% 22% 23.7%
2014 38.5% 53.6% 22.4% 20.5%
2013 38.1% 47.1% 21.5% 19.9%
2012 40.6% 50.5% 20.3% 20.7%
2011 37.4% 50.1% 19.8% 23.1%
2010 37.1% 59.7% 21% 25.1%
2009 32.5% 58.5% 21.3% 28.2%
2008 27.9% 49% 19.9% 28.1%
2007 29.6% 57.7% 18.6% 31.9%
2006 29.1% 73.4% 19.2% 34.9%
2005 29.1% 85.7% 20.4% 40.4%
2004 28.5% 92.7% 19.6% 46.7%
2003 28.1% 108.2% 20.1% 49.4%
2002 29.3% 107.9% 19.6% 45.5%
2001 28.1% 108.2% 20.9% 43.8%
2000 30.2% 123.3% 21.7% 44.9%
1999 35.9% 119.6% 17.8% 41.1%
1998 35.9% 85.1% 16.3% 36.8%
1997 31.1% 64.8% 15.6% 34.5%
1996 28.6% 57.7% 16.5% 37.4%
1995 37.9% 52.4% 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 (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Kyrgyzstan's government spending was $5.89B, accounting for 33.7% of its GDP, while Peru spent $64.4B, or 22.3% of GDP.

Debt-to-GDP ratio is 37.5% in Kyrgyzstan and 32.2% in Peru, ranking 140/185 and 154/185, respectively.

Government deficit by year

Deficit/surplus
Kyrgyzstan

Peru
1x
Year Deficit/surplus, % of GDP
Kyrgyzstan Peru
2024 1.87% -3.54%
2023 1.59% -2.78%
2022 -0.29% -1.38%
2021 -0.71% -2.49%
2020 -3.06% -8.16%
2019 -0.07% -1.37%
2018 -0.59% -1.94%
2017 -3.73% -2.79%
2016 -5.79% -2.12%
2015 -2.52% -2.02%
2014 -3.07% -0.19%
2013 -3.7% 0.75%
2012 -5.86% 2.07%
2011 -4.7% 2.05%
2010 -5.95% -0.02%
2009 0.38% -1.48%
2008 1.92% 2.48%
2007 1.28% 3.35%
2006 -2.1% 2.03%
2005 -3.79% -0.44%
2004 -4.89% -1.03%
2003 -5.17% -1.62%
2002 -5.9% -1.4%
2001 -6.75% -2.15%
2000 -10.7% -2.12%
1999 -13.5% -2.93%
1998 -12% -0.2%
1997 -9.3% 0.47%
1996 -9.1% -0.25%
1995 -13.5% -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 (1995–2024, retrieved 2026-02-20).

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

In 2024, Kyrgyzstan's government surplus, the difference between spending and revenue, was $327M, equivalent to 1.87% of GDP. This compares to Peru's deficit of $10.2B, or 3.54% of GDP.

Over the past 30 years, Kyrgyzstan recorded a fiscal deficit in 25 of those years, while Peru ran a deficit in 23 years. On average, Kyrgyzstan posted an annual deficit equal to 4.32% of GDP, compared to deficit of 1.04% of GDP for Peru.

Inflation comparison by year

Inflation
Kyrgyzstan

Peru
1x
Year Consumer prices inflation
Kyrgyzstan Peru
2024 5% 2.01%
2023 10.8% 6.46%
2022 13.9% 8.33%
2021 11.9% 4.27%
2020 6.3% 2%
2019 1.1% 2.25%
2018 1.5% 1.51%
2017 3.2% 2.99%
2016 0.4% 3.56%
2015 6.5% 3.4%
2014 7.5% 3.41%
2013 6.6% 2.77%
2012 2.8% 3.61%
2011 16.6% 3.37%
2010 8% 1.53%
2009 6.8% 2.94%
2008 24.5% 5.79%
2007 10.2% 1.78%
2006 5.6% 2%
2005 4.3% 1.62%
2004 4.1% 3.66%
2003 3% 2.26%
2002 2.1% 0.19%
2001 6.9% 1.98%
2000 19.7% 3.76%
1999 35.9% 3.47%
1998 10.5% 7.25%
1997 23.4% 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/kyrgyzstan/peru | CC BY

Over the past 28 years, Kyrgyzstan has recorded an average annual inflation rate of 9.25%, compared with 3.45% in Peru. In 2024, inflation was 5% in Kyrgyzstan and 2.01% in Peru.

Top exports between countries

Kyrgyzstan
Export category Export value
Machinery & equipment $119K
Metals $36K
Chemicals & pharma $2K
Textiles & consumer goods $2K
Raw materials & minerals $1K
Peru
Export category Export value
Machinery & equipment $182K
Chemicals & pharma $18K
Metals $5K
Raw agricultural goods $5K

Balance of trade

Kyrgyzstan Peru
Current account balance
-$5.18B
2022
$6.39B
2024
Current account balance ranking
167/190
2022
29/190
2024
Current account balance, % of GDP
-42.7%
2022
+2.21%
2024
Goods imports
$9.17B
2022
$52.1B
2024
Goods exports
$2.25B
2022
$76.2B
2024
Service imports
$1.48B
2022
$15.1B
2024
Service exports
$1.37B
2022
$7.15B
2024
Imports of goods and services, % of GDP
84.2%
2024
22.9%
2024
Exports of goods and services, % of GDP
43.4%
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.

Kyrgyzstan Peru
Economic freedom 56 66.3
Economic freedom ranking 126/197 62/197
Property rights 22.9 44
Government integrity 23.9 35
Judicial effectiveness 8.3 47.8
Tax burden 93.2 79.4
Government spending 65.6 84.8
Fiscal health 97.2 87.4
Business freedom 58.2 73.1
Labor freedom 52.3 64.7
Monetary freedom 68 77.6
Trade freedom 72.6 81.6
Investment freedom 60 60
Financial freedom 50 60

Economic freedom comparison by year

Kyrgyzstan
Peru
1x
Year Economic freedom index
Kyrgyzstan Peru
2026 56 66.3
2025 55.6 65.9
2024 55.2 64.8
2023 55.8 66.5
2022 55.8 66.5
2021 63.7 67.7
2020 62.9 67.9
2019 62.3 67.8
2018 62.8 68.7
2017 61.1 68.9
2016 59.6 67.4
2015 61.3 67.7
2014 61.1 67.4
2013 59.6 68.2
2012 60.2 68.7
2011 61.1 68.6
2010 61.3 67.6
2009 61.8 64.6
2008 61.1 63.8
2007 60.2 62.7
2006 61 60.5
2005 56.6 61.3
2004 58 64.7
2003 56.8 64.6
2002 51.7 64.8
2001 53.7 69.6
2000 55.7 68.7
1999 54.8 69.2
1998 51.8 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/kyrgyzstan/peru | CC BY

The Economic Freedom Index for Kyrgyzstan is 56, ranking 126/197, 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

Kyrgyzstan Peru
Services, % of GDP
52.1%
2024
51.3%
2024
Industry, % of GDP
24.7%
2024
34%
2024
Agriculture, forestry, and fishing, % of GDP
8.61%
2024
7.34%
2024
GNI, Atlas method
$15.8B
2024
$257B
2024
GNI per capita, PPP
$7,900
2024
$16,780
2024
Total reserves including gold
$5.09B
2024
$79.2B
2024
Total reserves ranking
100/177
2024
33/177
2024
Net foreign direct investment
-$509M
2022
-$5.63B
2024
Net inflows of foreign direct investment
$705M
2024
$6.8B
2024
Net outflows of foreign direct investment
$20M
2024
$1.17B
2024
Servicing debt to the IMF, % of GNI
4.74%
2024
5.58%
2024
Poverty at national poverty lines
25.7%
2024
27.6%
2024
Gross capital formation, % of GDP
29.8%
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/kyrgyzstan/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 (1995–2024, 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.