Updated
Overview
Peru has 6.1 times the population of Finland: 34.58 million people against 5.65 million (2025).
Their economies are close in size: $334.85B for Peru and $317.04B for Finland.
Per person, Finland is the wealthier of the two: $56,149 against $9,684 in GDP per capita.
Population
GDP (nominal)
GDP per capita
The full table
| Indicator | Peru | Finland | Years | Factbook, Jan 2026 |
|---|---|---|---|---|
| Economy | ||||
| GDP (nominal) | Higher: $334.85B | $317.04B | 2025 | $289.22B / $299.84B |
| GDP per capita | $9,684 | Higher: $56,149 | 2025 | — / — |
| GDP growth | Higher: 3.4% | 0.2% | 2025 | — / — |
| Inflation | 1.5% | Lower: 0.3% | 2025 | 2.0% / 1.6% |
| Unemployment | Lower: 5.1% | 9.5% | 2025 | — / — |
| Price level (US=100) | 51 | 85 | 2025 | — / — |
| Avg monthly earnings | $563 | Higher: $5,760 | 2025 | — / — |
| Minimum wage | $273 | — | 2024 | — / — |
| Big Mac price | $4.99 | — | — | — / — |
| People | ||||
| Population | 34.58 million | 5.65 million | 2025 | 32.77 million / 5.55 million |
| Population growth | 1.0% | 0.5% | 2025 | — / — |
| Median age | 30.2 yrs | 43.2 yrs | 2025 | — / — |
| Fertility rate | 1.94 | 1.30 | 2025 | — / — |
| Life expectancy | 77.9 yrs | Higher: 82.3 yrs | 2024 | — / — |
| Urban population | 86% | 75% | 2025 | — / — |
| Internet users | 82% | Higher: 94% | 2024 | — / — |
| Geography | ||||
| Area | 1,285,216 km² | 338,424 km² | — | — / — |
| Population density | 26.9/km² | 16.7/km² | 2025 | — / — |
| Environment | ||||
| CO2 emissions | 70 Mt | Lower: 30 Mt | 2024 | — / — |
| CO2 per capita | Lower: 2.1 t | 5.3 t | 2024 | — / — |
| Military | ||||
| Military spending | $2.57B | $6.99B | 2024 | — / — |
| Military spending (% GDP) | 0.9% | 2.3% | 2024 | — / — |
| Armed forces personnel | 158,000 | 22,000 | 2020 | — / — |
Sources by row: World Bank WDI, IMF WEO, UN WPP 2024, ILOSTAT, The Economist. Emphasis marks the stronger figure where one direction is meaningfully better.
Reading the numbers
Economy
Peru is growing much faster: 3.4% annual GDP growth versus 0.2%.
Inflation is comparable in both: 1.5% in Peru and 0.3% in Finland.
Day-to-day prices are noticeably lower in Peru: a price level of 51 versus 85 on a US=100 scale.
Average monthly earnings favour Finland: $5,760 against $563 (ILOSTAT, latest available years).
People and society
Peru is the far younger society: median age 30.2 versus 43.2 years.
Life expectancy is 4.4 years longer in Finland (82.3 vs 77.9).
Peru is considerably more urbanized: 86% of people live in cities, against 75%.
Internet adoption is higher in Finland (94% vs 82% of the population).
Geography
By land area, Peru is 3.8 times the size of Finland: 1,285,216 km² versus 338,424 km².
Military
Finland spends 2.7 times as much on defence as Peru: $6.99B versus $2.57B (World Bank/SIPRI data).
Relative to its economy, Finland carries the heavier military burden: 2.3% of GDP versus 0.9%.
Peru fields the larger armed forces: 158,000 personnel against 22,000 (note: personnel data lags; observation years shown in the table).
Frequently asked
- Is Peru bigger than Finland?
- Peru is larger by land area. Peru covers 1,285,216 km² while Finland covers 338,424 km², so Peru is 3.8 times the size of the other.
- Which has more people, Peru or Finland?
- Peru has the larger population: 34.58 million versus 5.65 million (World Bank, 2025).
- Is Peru richer than Finland?
- Measured by GDP per capita, Finland is richer: $56,149 against $9,684. Total GDP tells a different story: $334.85B for Peru versus $317.04B for Finland.
- Who spends more on their military, Peru or Finland?
- Finland spends more: $6.99B versus $2.57B per year (World Bank, SIPRI-derived data; observation years vary).