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Economy of Peru vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Peru has a GDP of $289B compared to $115B for Uzbekistan, ranking 49/197 and 66/197 by economy size, respectively.

Peru has $93B in government debt (32.2% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

Peru vs Uzbekistan GDP by year

Peru
Uzbekistan
1x
Year GDP, current $
Peru Uzbekistan
2024 $289,221,969,063 $114,965,293,467
2023 $266,958,720,838 $102,641,879,249
2022 $246,065,570,308 $90,095,926,567
2021 $226,328,766,460 $77,340,060,003
2020 $201,409,694,756 $66,443,265,418
2019 $228,346,006,004 $67,293,639,798
2018 $222,597,009,739 $58,695,899,092
2017 $211,007,984,081 $69,703,222,283
2016 $191,898,104,390 $86,138,288,644
2015 $189,802,976,286 $86,196,264,755
2014 $200,786,250,583 $80,845,385,809
2013 $201,175,543,571 $73,180,037,915
2012 $192,650,021,649 $67,517,349,212
2011 $171,761,737,047 $60,178,909,297
2010 $147,527,631,521 $49,765,676,402
2009 $120,822,986,521 $33,689,223,673
2008 $120,550,599,815 $29,549,438,884
2007 $102,170,981,144 $22,311,393,928
2006 $88,643,193,062 $17,330,833,853
2005 $76,060,606,061 $14,307,509,839
2004 $66,768,703,498 $12,030,023,548
2003 $58,731,030,122 $10,134,453,435
2002 $54,777,553,515 $9,687,788,513
2001 $52,030,158,775 $11,401,421,329
2000 $51,744,749,133 $13,760,513,969
1999 $50,187,324,568 $17,078,465,982
1998 $55,501,467,877 $14,988,971,211
1997 $58,147,522,523 $14,744,603,774
1996 $55,252,414,130 $13,948,892,216
1995 $53,312,793,687 $13,350,461,265
1994 $44,882,079,767 $12,899,074,922
1993 $34,832,077,221 $13,099,920,056
1992 $35,966,302,303 $12,953,801,760
1991 $34,341,465,998 $13,800,167,712
1990 $26,410,386,963 $13,362,340,338
1989 $22,499,558,526 $11,948,815,258
1988 $15,439,408,447 $10,722,799,639
1987 $36,889,706,593 $8,523,160,593
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/peru/uzbekistan | CC BY

GDP per capita in Peru vs Uzbekistan by year

Peru
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Peru Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $8,452 $17,802 $3,162 $11,879
2023 $7,888 $17,011 $2,879 $11,107
2022 $7,351 $16,669 $2,579 $10,293
2021 $6,826 $15,281 $2,259 $9,248
2020 $6,133 $12,563 $1,978 $8,452
2019 $7,037 $13,564 $2,041 $8,544
2018 $6,978 $13,078 $1,813 $8,129
2017 $6,736 $12,592 $2,191 $7,818
2016 $6,217 $12,067 $2,753 $6,919
2015 $6,232 $11,600 $2,803 $6,800
2014 $6,667 $11,518 $2,675 $6,610
2013 $6,747 $11,291 $2,462 $6,413
2012 $6,519 $10,757 $2,307 $6,168
2011 $5,861 $10,463 $2,088 $5,949
2010 $5,072 $9,713 $1,753 $5,505
2009 $4,181 $8,917 $1,206 $5,135
2008 $4,198 $8,820 $1,075 $4,800
2007 $3,581 $7,982 $824 $4,386
2006 $3,130 $7,214 $649 $3,956
2005 $2,707 $6,560 $543 $3,618
2004 $2,397 $6,038 $462 $3,321
2003 $2,129 $5,657 $394 $3,047
2002 $2,007 $5,383 $381 $2,902
2001 $1,930 $5,086 $454 $2,782
2000 $1,945 $5,012 $555 $2,644
1999 $1,917 $4,847 $698 $2,522
1998 $2,156 $4,791 $621 $2,418
1997 $2,301 $4,844 $621 $2,329
1996 $2,227 $4,556 $597 $2,214
1995 $2,190 $4,435 $583 $2,178
1994 $1,879 $4,123 $574 $2,197
1993 $1,488 $3,666 $596 $2,318
1992 $1,567 $3,472 $603 $2,371
1991 $1,527 $3,484 $658 $2,676
1990 $1,200 $3,367 $653 $2,665
1989 $1,045 - $598 -
1988 $733 - $551 -
1987 $1,792 - $450 -
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/peru/uzbekistan | CC BY

Peru's GDP per capita is $8,452, ranking 91/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Peru ranks 104th at $17,802, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Peru Uzbekistan
Gross domestic product
$289B
2024
$115B
2024
GDP rank
49/197
2024
66/197
2024
GDP growth
3.3%
2023-2024
6.5%
2023-2024
GDP per capita
$8,452
2024
$3,162
2024
GDP per capita rank
91/197
2024
139/197
2024
GDP per capita, PPP
$17,802
2024
$11,879
2024
GDP per capita PPP rank
104/197
2024
125/197
2024
Government debt
$93B
2024
$37.5B
2024
Debt-to-GDP ratio
32.2%
2024
32.7%
2024
Government debt per person
$2,717
2024
$1,032
2024
Government debt per person rank
108/185
2024
141/185
2024
Average annual personal income after taxes
$7,290
2026
$3,658
2026
Market capitalization of domestic companies
$82.2B
2024
$18.8B
2024
Income share by richest 10%
30.3%
2024
25.7%
2024
Income share by poorest 10%
2%
2024
2.3%
2024
Government expenditure, % of GDP
22.3%
2024
27.6%
2024
Consumer prices inflation
2.01%
2023-2024
9.6%
2023-2024
Central bank interest rate
4.25%
2025
14%
2025
Unemployment rate
4.86%
2024
5.29%
2020
Population
35031596
37939105

Spending and national debt comparison by year

Peru
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Peru Uzbekistan
Government spending Government debt Government spending Government debt
2024 22.3% 32.2% 27.6% 32.7%
2023 22.1% 32.4% 29.9% 32.2%
2022 23.1% 33.5% 31.3% 30.5%
2021 23.1% 35.5% 27.4% 31.7%
2020 25.6% 34.3% 26% 33.7%
2019 20.8% 26.5% 24.4% 25.4%
2018 21% 25.7% 22.2% 17.5%
2017 20.6% 24.8% 19.9% 17.3%
2016 20.5% 23.9% 23.3% 8.19%
2015 22% 23.7% 24.6% 6.72%
2014 22.4% 20.5% 24.9% 6.09%
2013 21.5% 19.9% 25.2% 6.23%
2012 20.3% 20.7% 23.9% 6.76%
2011 19.8% 23.1% 23.7% 6.33%
2010 21% 25.1% 26.4% 6.61%
2009 21.3% 28.2% 27.5% 7.3%
2008 19.9% 28.1% 26.5% 8.33%
2007 18.6% 31.9% 24.8% 9.56%
2006 19.2% 34.9% 24.7% 13.5%
2005 20.4% 40.4% 28.1% 21%
2004 19.6% 46.7% 29.4% 26.9%
2003 20.1% 49.4% 31.5% 31.4%
2002 19.6% 45.5% 34.6% 41.6%
2001 20.9% 43.8% 30.6% 44.8%
2000 21.7% 44.9% 32.9% 29.5%
1999 17.8% 41.1% 33.6% 18.4%
1998 16.3% 36.8% 35.1% 18%
1997 15.6% 34.5% 31.8% 15.3%
1996 16.5% 37.4% 35.1% -
1995 17.5% 36.8% 29.4% -
1994 16.9% 41.9% 27.1% -
1993 18.2% 49.9% 39.6% -
1992 19.1% 46.8% 18% -
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 (1992–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Peru's government spending was $64.4B, accounting for 22.3% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 32.2% in Peru and 32.7% in Uzbekistan, ranking 154/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Peru

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Peru Uzbekistan
2024 -3.54% -2.37%
2023 -2.78% -4.03%
2022 -1.38% -3.65%
2021 -2.49% -4.1%
2020 -8.16% -2.95%
2019 -1.37% -0.3%
2018 -1.94% 1.64%
2017 -2.79% 1.04%
2016 -2.12% 0.7%
2015 -2.02% -0.28%
2014 -0.19% 1.9%
2013 0.75% 2.15%
2012 2.07% 5.89%
2011 2.05% 5.11%
2010 -0.02% 2.56%
2009 -1.48% 1.82%
2008 2.48% 5.97%
2007 3.35% 3.55%
2006 2.03% 2.72%
2005 -0.44% -3.52%
2004 -1.03% -3.74%
2003 -1.62% -4.87%
2002 -1.4% -6.31%
2001 -2.15% -3.28%
2000 -2.12% -3.66%
1999 -2.93% -2.91%
1998 -0.2% -3.04%
1997 0.47% -2.05%
1996 -0.25% -1.57%
1995 -2.05% -1.77%
1994 -1.9% -4.47%
1993 -2.82% -12%
1992 -3.55% 7.15%
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 (1992–2024, retrieved 2026-02-20).

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

In 2024, Peru's government deficit, the difference between spending and revenue, was $10.2B, equivalent to 3.54% of GDP. This compares to Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 33 years, Peru recorded a fiscal deficit in 26 of those years, while Uzbekistan ran a deficit in 20 years. On average, Peru posted an annual deficit equal to 1.2% of GDP, compared to deficit of 0.87% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Peru

Uzbekistan
1x
Year Consumer prices inflation
Peru Uzbekistan
2024 2.01% 9.6%
2023 6.46% 10%
2022 8.33% 11.4%
2021 4.27% 10.8%
2020 2% 12.9%
2019 2.25% 14.5%
2018 1.51% 17.5%
2017 2.99% 13.9%
2016 3.56% 8.8%
2015 3.4% 8.5%
2014 3.41% 9.1%
2013 2.77% 11.7%
2012 3.61% 11.9%
2011 3.37% 12.4%
2010 1.53% 12.3%
2009 2.94% 12.3%
2008 5.79% 13.1%
2007 1.78% 11.2%
2006 2% 13.1%
2005 1.62% 10.7%
2004 3.66% 7.3%
2003 2.26% 12.5%
2002 0.19% 27.3%
2001 1.98% 27.3%
2000 3.76% 25%
1999 3.47% 29.1%
1998 7.25% 29%
1997 8.56% 70.9%

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/peru/uzbekistan | CC BY

Over the past 28 years, Peru has recorded an average annual inflation rate of 3.45%, compared with 16.6% in Uzbekistan. In 2024, inflation was 2.01% in Peru and 9.6% in Uzbekistan.

Top exports between countries

Peru
Export category Export value
Animal & marine products $24K
Chemicals & pharma $2K
Uzbekistan
Export category Export value
Textiles & consumer goods $5.68M
Raw materials & minerals $1.63M

Balance of trade

Peru Uzbekistan
Current account balance
$6.39B
2024
-$5.71B
2024
Current account balance ranking
29/190
2024
169/190
2024
Current account balance, % of GDP
+2.21%
2024
-4.97%
2024
Goods imports
$52.1B
2024
$33.2B
2024
Goods exports
$76.2B
2024
$19.6B
2024
Service imports
$15.1B
2024
$10.5B
2024
Service exports
$7.15B
2024
$6.55B
2024
Imports of goods and services, % of GDP
22.9%
2024
38%
2024
Exports of goods and services, % of GDP
28.5%
2024
22.8%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Peru Uzbekistan
Economic freedom 66.3 60.3
Economic freedom ranking 62/197 94/197
Property rights 44 43.1
Government integrity 35 32
Judicial effectiveness 47.8 13.7
Tax burden 79.4 95
Government spending 84.8 73.7
Fiscal health 87.4 79.9
Business freedom 73.1 62.5
Labor freedom 64.7 48.4
Monetary freedom 77.6 65.1
Trade freedom 81.6 80.6
Investment freedom 60 70
Financial freedom 60 60

Economic freedom comparison by year

Peru
Uzbekistan
1x
Year Economic freedom index
Peru Uzbekistan
2026 66.3 60.3
2025 65.9 58
2024 64.8 55.9
2023 66.5 56.5
2022 66.5 55.7
2021 67.7 58.3
2020 67.9 57.2
2019 67.8 53.3
2018 68.7 51.5
2017 68.9 52.3
2016 67.4 46
2015 67.7 47
2014 67.4 46.5
2013 68.2 46
2012 68.7 45.8
2011 68.6 45.8
2010 67.6 47.5
2009 64.6 50.5
2008 63.8 51.9
2007 62.7 51.5
2006 60.5 48.7
2005 61.3 45.8
2004 64.7 39.1
2003 64.6 38.3
2002 64.8 38.5
2001 69.6 38.2
2000 68.7 38.1
1999 69.2 33.8
1998 65 31.5
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/peru/uzbekistan | CC BY

The Economic Freedom Index for Peru is 66.3, ranking 62/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Peru Uzbekistan
Services, % of GDP
51.3%
2024
45.2%
2024
Industry, % of GDP
34%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
7.34%
2024
18.3%
2024
GNI, Atlas method
$257B
2024
$110B
2024
GNI per capita, PPP
$16,780
2024
$12,000
2024
Total reserves including gold
$79.2B
2024
$41.2B
2024
Total reserves ranking
33/177
2024
50/177
2024
Net foreign direct investment
-$5.63B
2024
-$2.81B
2024
Net inflows of foreign direct investment
$6.8B
2024
$2.99B
2024
Net outflows of foreign direct investment
$1.17B
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
5.58%
2024
9.88%
2024
Poverty at national poverty lines
27.6%
2024
8.9%
2024
Gross capital formation, % of GDP
19.4%
2024
33.3%
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/peru/uzbekistan | 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 (1992–2024, 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 (2022–2024, 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.