Peru vs Somalia: Economic Indicators Comparison

Peru with a GDP of $222B ranked the 51st largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Peru and Somalia ranked 81st vs 97th and 93rd vs 196th, respectively.

Gross Domestic Product & Income

StatPeruSomalia
GDP$222B$4.7B
GDP growth, 1 year4%3.1%
GDP growth, 5-years average3.2%2.9%
Population29.4M11M
GDP per capita$6.9k$315
GDP per capita growth2.21%-2.74%
Purchasing Power Parity conversion factor1.5811427.68
Price level ratio of PPP conversion factor GDP to market exchange rate0.48N/A
GDP per capita, PPP adjusted$14k$500
GNI, Atlas method$207.1B$959.2M
GNI per capita$6.5k$130
GNI, PPP adjusted$438.6BN/A
GNI per capita, PPP adjusted$14kN/A

Financial system and Human development

StatPeruSomalia
Income Tax Rate30%N/A
Corporate Tax Rate28%N/A
Inflation, consumer prices1.3%1.5%
Inflation, GDP deflator2%215.5%
Unemployment2.8%14%
Economic Freedom Index67.929
Personal Freedom Index7.363.6
Human Freedom Index7.463.4
Property Rights Index54.920.1
Judical Effectiveness Index30.626.5
Business Freedom Index67.131.6
Fiscal Health Index89N/A
Labor Freedom Index62.9N/A
Investment Freedom Index75N/A
Financial Freedom Index60N/A
Trade Freedom Index88.4N/A
Monetary Freedom Index86.3N/A
Government Spending Index86.4N/A
Tax Burden Index80.8N/A
Government Integrity Index33.513.1
Corruption Perceptions Index3510
Life expectancy at birth, years76.356.7
Suicide mortality rate, per 100,000 people4.94.7
Mortality caused by road traffic injury, per 100,000 people13.527.1
Intentional homicides, per 100,000 people7.74.3
International tourism, number of arrivals4.4MN/A

Government debt & reserves

StatPeruSomalia
Central government debt, % of GDP26.8%N/A
External debt stocks, % of GNI31.3%39.4%
External debt stocks$66.7B$2.9B
Short-term debt, % of total reserves16.6%847.9%
Total debt service, % of exports and primary income12.2%47.6%
Adjusted net savings including particulate emission damage, % of GNI7.1%N/A
Gross savings, % of GDP19.8%N/A
Gross capital formation, % of GDP21.3%15.5%
Total reserves including gold$60.3B$23.1M
Foreign direct investment net inflows$6.5B$409M

Exports, imports and economic structure

StatPeruSomalia
Exports of goods and services, % of GDP25.4%25.9%
Imports of goods and services, % of GDP23.5%99.6%
Current account balance (balance of payments)-$3.6BN/A
Revenue excluding grants, % of GDP17%0%
Grants excluding technical cooperation, BoP$213.7M$1.5B
Personal remittances received$3.2B$21.7M
Industry including construction value added, % of GDP31.5%9.5%
Agriculture, forestry and fishing value added, % of GDP6.9%62.7%
Charges for the use of intellectual property, payments BoP$349.2MN/A
Charges for the use of intellectual property, receipts BoP$25.9MN/A
Expense, % of GDP20.3%0%
Government Expenditure, % of GDP21.3%N/A

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

Somalia vs

CountryGDP
per capita
Population
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Burundi
$272
10.9M