Updated
Overview
The Philippines has 3.4 times the population of Peru: 116.79 million people against 34.58 million (2025).
The Philippines' economy is about 45% larger than Peru's, at $487.09B versus $334.85B.
Per person, Peru is the wealthier of the two: $9,684 against $4,171 in GDP per capita.
Population
GDP (nominal)
GDP per capita
The full table
| Indicator | Philippines | Peru | Years | Factbook, Jan 2026 |
|---|---|---|---|---|
| Economy | ||||
| GDP (nominal) | Higher: $487.09B | $334.85B | 2025 | $461.62B / $289.22B |
| GDP per capita | $4,171 | Higher: $9,684 | 2025 | — / — |
| GDP growth | Higher: 4.4% | 3.4% | 2025 | — / — |
| Inflation | 1.7% | Lower: 1.5% | 2025 | 3.2% / 2.0% |
| Unemployment | Lower: 2.2% | 5.1% | 2025 | — / — |
| Price level (US=100) | 33 | 51 | 2025 | — / — |
| Avg monthly earnings | $316 | Higher: $563 | 2023 / 2025 | — / — |
| Minimum wage | $145 | Higher: $273 | 2024 | — / — |
| Big Mac price | $2.74 | $4.99 | — | — / — |
| People | ||||
| Population | 116.79 million | 34.58 million | 2025 | 118.28 million / 32.77 million |
| Population growth | 0.8% | 1.0% | 2025 | — / — |
| Median age | 26.1 yrs | 30.2 yrs | 2025 | — / — |
| Fertility rate | 1.88 | 1.94 | 2025 | — / — |
| Life expectancy | 69.9 yrs | Higher: 77.9 yrs | 2024 | — / — |
| Urban population | 56% | 86% | 2025 | — / — |
| Internet users | 67% | Higher: 82% | 2024 | — / — |
| Geography | ||||
| Area | 342,353 km² | 1,285,216 km² | — | — / — |
| Population density | 341.1/km² | 26.9/km² | 2025 | — / — |
| Environment | ||||
| CO2 emissions | 175 Mt | Lower: 70 Mt | 2024 | — / — |
| CO2 per capita | Lower: 1.5 t | 2.1 t | 2024 | — / — |
| Military | ||||
| Military spending | $6.12B | $2.57B | 2024 | — / — |
| Military spending (% GDP) | 1.3% | 0.9% | 2024 | — / — |
| Armed forces personnel | 157,000 | 158,000 | 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
The Philippines is growing faster: 4.4% annual GDP growth versus 3.4%.
Inflation is comparable in both: 1.7% in the Philippines and 1.5% in Peru.
Day-to-day prices are noticeably lower in the Philippines: a price level of 33 versus 51 on a US=100 scale.
Average monthly earnings favour Peru: $563 against $316 (ILOSTAT, latest available years).
People and society
The Philippines is the younger society: median age 26.1 versus 30.2 years.
Life expectancy is 8.0 years longer in Peru (77.9 vs 69.9).
Peru is considerably more urbanized: 86% of people live in cities, against 56%.
Internet adoption is higher in Peru (82% vs 67% of the population).
Geography
By land area, the Philippines is 73% smaller than Peru: 342,353 km² versus 1,285,216 km².
The Philippines is far more densely settled: 341 people per km² against 27.
Military
The Philippines spends 2.4 times as much on defence as Peru: $6.12B versus $2.57B (World Bank/SIPRI data).
Peru fields the larger armed forces: 158,000 personnel against 157,000 (note: personnel data lags; observation years shown in the table).
Frequently asked
- Is the Philippines bigger than Peru?
- Peru is larger by land area. The Philippines covers 342,353 km² while Peru covers 1,285,216 km², so Peru is 3.8 times the size of the other.
- Which has more people, the Philippines or Peru?
- The Philippines has the larger population: 116.79 million versus 34.58 million (World Bank, 2025).
- Is the Philippines richer than Peru?
- Measured by GDP per capita, Peru is richer: $9,684 against $4,171. Total GDP tells a different story: $487.09B for the Philippines versus $334.85B for Peru.
- Who spends more on their military, the Philippines or Peru?
- The Philippines spends more: $6.12B versus $2.57B per year (World Bank, SIPRI-derived data; observation years vary).