Peru vs the Philippines: Economic Indicators Comparison

The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while Peru ranked 51st with $222B. By GDP 5-years average growth and GDP per capita, the Philippines and Peru ranked 21st vs 81st and 134th vs 93rd, respectively.

Gross Domestic Product & Income

StatPeruPhilippines
GDP$222B$330.9B
GDP growth, 1 year4%6.2%
GDP growth, 5-years average3.2%6.4%
Population29.4M104.9M
GDP per capita$6.9k$3.1k
GDP per capita growth2.21%4.77%
Purchasing Power Parity conversion factor1.5818.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.480.35
GDP per capita, PPP adjusted$14k$8.9k
GNI, Atlas method$207.1B$408.8B
GNI per capita$6.5k$3.8k
GNI, PPP adjusted$438.6B$1.1T
GNI per capita, PPP adjusted$14k$11k

Financial system and Human development

StatPeruPhilippines
Income Tax Rate30%35%
Corporate Tax Rate28%30%
Inflation, consumer prices1.3%5.2%
Inflation, GDP deflator2%3.8%
Unemployment2.8%2.5%
Economic Freedom Index67.964.5
Personal Freedom Index7.367.06
Human Freedom Index7.466.92
Property Rights Index54.954.6
Judical Effectiveness Index30.634.2
Business Freedom Index67.159.5
Fiscal Health Index8996.3
Labor Freedom Index62.957.4
Investment Freedom Index7560
Financial Freedom Index6060
Trade Freedom Index88.481.6
Monetary Freedom Index86.366.9
Government Spending Index86.487.9
Tax Burden Index80.876.7
Government Integrity Index33.538.7
Corruption Perceptions Index3536
Life expectancy at birth, years76.371
Suicide mortality rate, per 100,000 people4.93.2
Mortality caused by road traffic injury, per 100,000 people13.512.3
Intentional homicides, per 100,000 people7.78.4
International tourism, number of arrivals4.4M7.2M

Government debt & reserves

StatPeruPhilippines
Central government debt, % of GDP26.8%39.6%
External debt stocks, % of GNI31.3%19.9%
External debt stocks$66.7B$78.8B
Short-term debt, % of total reserves16.6%20.3%
Total debt service, % of exports and primary income12.2%8.7%
Adjusted net savings including particulate emission damage, % of GNI7.1%28.5%
Gross savings, % of GDP19.8%42.4%
Gross capital formation, % of GDP21.3%26.9%
Total reserves including gold$60.3B$79.2B
Foreign direct investment net inflows$6.5B$9.8B

Exports, imports and economic structure

StatPeruPhilippines
Exports of goods and services, % of GDP25.4%31.7%
Imports of goods and services, % of GDP23.5%44.4%
Current account balance (balance of payments)-$3.6B-$8.7B
Revenue excluding grants, % of GDP17%16.3%
Grants excluding technical cooperation, BoP$213.7M$436.5M
Personal remittances received$3.2B$33.8B
Industry including construction value added, % of GDP31.5%30.7%
Agriculture, forestry and fishing value added, % of GDP6.9%9.3%
Charges for the use of intellectual property, payments BoP$349.2M$917M
Charges for the use of intellectual property, receipts BoP$25.9M$44.1M
Expense, % of GDP20.3%14.9%
Government Expenditure, % of GDP21.3%20.1%

Compare with countries close by GDP per capita

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
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k

Philippines vs

CountryGDP
per capita
Population
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M