Paraguay vs Peru: Economic Indicators Comparison

Peru with a GDP of $222B ranked the 51st largest economy in the world, while Paraguay ranked 94th with $40.5B. By GDP 5-years average growth and GDP per capita, Peru and Paraguay ranked 81st vs 50th and 93rd vs 104th, respectively.

Gross Domestic Product & Income

StatParaguayPeru
GDP$40.5B$222B
GDP growth, 1 year3.7%4%
GDP growth, 5-years average4.2%3.2%
Population6.8M29.4M
GDP per capita$5.8k$6.9k
GDP per capita growth2.35%2.21%
Purchasing Power Parity conversion factor2453.781.58
Price level ratio of PPP conversion factor GDP to market exchange rate0.430.48
GDP per capita, PPP adjusted$13k$14k
GNI, Atlas method$39.4B$207.1B
GNI per capita$5.7k$6.5k
GNI, PPP adjusted$91.9B$438.6B
GNI per capita, PPP adjusted$13k$14k

Financial system and Human development

StatParaguayPeru
Income Tax Rate10%30%
Corporate Tax Rate10%28%
Inflation, consumer prices4%1.3%
Inflation, GDP deflator2.1%2%
Unemployment4.7%2.8%
Economic Freedom Index6367.9
Personal Freedom Index7.37.36
Human Freedom Index7.027.46
Property Rights Index44.754.9
Judical Effectiveness Index26.430.6
Business Freedom Index60.967.1
Fiscal Health Index9889
Labor Freedom Index2962.9
Investment Freedom Index7575
Financial Freedom Index6060
Trade Freedom Index75.488.4
Monetary Freedom Index72.586.3
Government Spending Index88.686.4
Tax Burden Index96.180.8
Government Integrity Index29.633.5
Corruption Perceptions Index2935
Life expectancy at birth, years7476.3
Suicide mortality rate, per 100,000 people9.54.9
Mortality caused by road traffic injury, per 100,000 people22.713.5
Intentional homicides, per 100,000 people9.37.7
International tourism, number of arrivals1.2M4.4M

Government debt & reserves

StatParaguayPeru
Central government debt, % of GDP21.6%26.8%
External debt stocks, % of GNI39.9%31.3%
External debt stocks$15.8B$66.7B
Short-term debt, % of total reserves60%16.6%
Total debt service, % of exports and primary income15.7%12.2%
Adjusted net savings including particulate emission damage, % of GNI14.5%7.1%
Gross savings, % of GDP23.2%19.8%
Gross capital formation, % of GDP22.4%21.3%
Total reserves including gold$7.7B$60.3B
Foreign direct investment net inflows$386.9M$6.5B

Exports, imports and economic structure

StatParaguayPeru
Exports of goods and services, % of GDP36%25.4%
Imports of goods and services, % of GDP34.4%23.5%
Current account balance (balance of payments)$8.6M-$3.6B
Revenue excluding grants, % of GDP17.4%17%
Grants excluding technical cooperation, BoP$64.1M$213.7M
Personal remittances received$682.9M$3.2B
Industry including construction value added, % of GDP33.9%31.5%
Agriculture, forestry and fishing value added, % of GDP10.4%6.9%
Charges for the use of intellectual property, payments BoP$18.5M$349.2M
Charges for the use of intellectual property, receipts BoP$114.1M$25.9M
Expense, % of GDP15.6%20.3%
Government Expenditure, % of GDP19.5%21.3%

Compare with countries close by GDP per capita

Paraguay vs

CountryGDP
per capita
Population
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M

Peru vs

CountryGDP
per capita
Population
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k