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Peru vs Norway

Norway Flag of Norway

Updated

Overview

Peru has 6.2 times the population of Norway: 34.58 million people against 5.61 million (2025).

Norway's economy is about 60% larger than Peru's, at $530.76B versus $334.85B.

Per person, Norway is the wealthier of the two: $94,594 against $9,684 in GDP per capita.

Population

Peru 34.58 million
Norway 5.61 million

GDP (nominal)

Peru $334.85B
Norway $530.76B

GDP per capita

Peru $9,684
Norway $94,594

The full table

Indicator-by-indicator comparison of Peru and Norway
Indicator Peru Norway Years Factbook, Jan 2026
Economy
GDP (nominal) $334.85B Higher: $530.76B 2025 $289.22B / $483.73B
GDP per capita $9,684 Higher: $94,594 2025 — / —
GDP growth Higher: 3.4% 1.1% 2025 — / —
Inflation Lower: 1.5% 3.1% 2025 2.0% / 3.1%
Unemployment 5.1% Lower: 4.6% 2025 — / —
Price level (US=100) 51 91 2025 — / —
Avg monthly earnings $563 Higher: $6,440 2025 — / —
Minimum wage $273 2024 — / —
Big Mac price $4.99 $8.05 — / —
People
Population 34.58 million 5.61 million 2025 32.77 million / 5.51 million
Population growth 1.0% 0.7% 2025 — / —
Median age 30.2 yrs 39.8 yrs 2025 — / —
Fertility rate 1.94 1.42 2025 — / —
Life expectancy 77.9 yrs Higher: 83.2 yrs 2024 — / —
Urban population 86% 84% 2025 — / —
Internet users 82% Higher: 99% 2024 — / —
Geography
Area 1,285,216 km² 323,802 km² — / —
Population density 26.9/km² 17.3/km² 2025 — / —
Environment
CO2 emissions 70 Mt Lower: 37 Mt 2024 — / —
CO2 per capita Lower: 2.1 t 6.7 t 2024 — / —
Military
Military spending $2.57B $10.44B 2024 — / —
Military spending (% GDP) 0.9% 2.1% 2024 — / —
Armed forces personnel 158,000 25,000 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 faster: 3.4% annual GDP growth versus 1.1%.

Inflation is comparable in both: 1.5% in Peru and 3.1% in Norway.

Day-to-day prices are noticeably lower in Peru: a price level of 51 versus 91 on a US=100 scale.

Average monthly earnings favour Norway: $6,440 against $563 (ILOSTAT, latest available years).

People and society

Peru is the far younger society: median age 30.2 versus 39.8 years.

Life expectancy is 5.2 years longer in Norway (83.2 vs 77.9).

Internet adoption is higher in Norway (99% vs 82% of the population).

Geography

By land area, Peru is 4.0 times the size of Norway: 1,285,216 km² versus 323,802 km².

Military

Norway spends 4.1 times as much on defence as Peru: $10.44B versus $2.57B (World Bank/SIPRI data).

Relative to its economy, Norway carries the heavier military burden: 2.1% of GDP versus 0.9%.

Peru fields the larger armed forces: 158,000 personnel against 25,000 (note: personnel data lags; observation years shown in the table).

Frequently asked

Is Peru bigger than Norway?
Peru is larger by land area. Peru covers 1,285,216 km² while Norway covers 323,802 km², so Peru is 4.0 times the size of the other.
Which has more people, Peru or Norway?
Peru has the larger population: 34.58 million versus 5.61 million (World Bank, 2025).
Is Peru richer than Norway?
Measured by GDP per capita, Norway is richer: $94,594 against $9,684. Total GDP tells the same story: $334.85B for Peru versus $530.76B for Norway.
Who spends more on their military, Peru or Norway?
Norway spends more: $10.44B versus $2.57B per year (World Bank, SIPRI-derived data; observation years vary).

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