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Peru vs South Korea: Economic Indicators Comparison

South Korea with a GDP of $1.6T ranked the 12th largest economy in the world, while Peru ranked 51st with $222B. By GDP 5-years average growth and GDP per capita, South Korea and Peru ranked 93rd vs 81st and 33rd vs 93rd, respectively.

Gross Domestic Product & Income

StatPeruSouth Korea
GDP$222B$1.6T
GDP growth, 1 year4%2.7%
GDP growth, 5-years average3.2%3%
Population30.4M51.1M
GDP per capita$6.9k$31k
GDP per capita growth2.21%2.33%
Purchasing Power Parity conversion factor1.58860.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.480.78
GDP per capita, PPP adjusted$14k$41k
GNI, Atlas method$207.1B$1.6T
GNI per capita$6.5k$31k
GNI, PPP adjusted$438.6B$2.1T
GNI per capita, PPP adjusted$14k$40k

Financial system and Human development

StatPeruSouth Korea
Income Tax Rate30%42%
Corporate Tax Rate28%25%
Inflation, consumer prices1.3%1.5%
Inflation, GDP deflator2%0.3%
Unemployment2.8%3.8%
Economic Freedom Index67.974
Personal Freedom Index7.368.84
Human Freedom Index7.468.15
Property Rights Index54.982.5
Judical Effectiveness Index30.661
Business Freedom Index67.190.5
Fiscal Health Index8996.7
Labor Freedom Index62.956.2
Investment Freedom Index7570
Financial Freedom Index6070
Trade Freedom Index88.480
Monetary Freedom Index86.382.1
Government Spending Index86.467.7
Tax Burden Index80.863.9
Government Integrity Index33.567.5
Corruption Perceptions Index3557
Life expectancy at birth, years76.382.6
Suicide mortality rate, per 100,000 people4.926.9
Mortality caused by road traffic injury, per 100,000 people13.59.8
Intentional homicides, per 100,000 people7.70.6
International tourism, number of arrivals4.4M15.3M

Government debt & reserves

StatPeruSouth Korea
Central government debt, % of GDP26.8%40.7%
External debt stocks, % of GNI31.3%N/A
External debt stocks$66.7BN/A
Short-term debt, % of total reserves16.6%N/A
Total debt service, % of exports and primary income12.2%N/A
Adjusted net savings including particulate emission damage, % of GNI7.1%20.1%
Gross savings, % of GDP19.8%34.7%
Gross capital formation, % of GDP21.3%30.2%
Total reserves including gold$60.3B$403.1B
Foreign direct investment net inflows$6.5B$14.5B

Exports, imports and economic structure

StatPeruSouth Korea
Exports of goods and services, % of GDP25.4%44%
Imports of goods and services, % of GDP23.5%39%
Current account balance (balance of payments)-$3.6B$76.4B
Revenue excluding grants, % of GDP17%27.8%
Grants excluding technical cooperation, BoP$213.7M$6.7M
Personal remittances received$3.2B$7.1B
Industry including construction value added, % of GDP31.5%35.1%
Agriculture, forestry and fishing value added, % of GDP6.9%2%
Charges for the use of intellectual property, payments BoP$349.2M$9.9B
Charges for the use of intellectual property, receipts BoP$25.9M$7.8B
Expense, % of GDP20.3%25.4%
Government Expenditure, % of GDP21.3%32.8%

Compare with countries close by GDP per capita

Peru vs

CountryGDP
per capita
Population
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k

South Korea vs

CountryGDP
per capita
Population
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k