Colombia vs Peru: Government debt
Government debt in 2025: 59.9% of GDP in Colombia and 30.1% of GDP in Peru, by IMF estimates. In 2025 the value was higher in Colombia, by 29.8 percentage points, or 1.99 times that in Peru.
ColombiaPeru
Watch it change on the map% of GDP · IMF
Latest figures
% of GDP · IMF
| Country | Latest | 10 years before | Rank in 2025 | Projected |
|---|---|---|---|---|
| Colombia | 59.9 2025 | 50.4 | 56 of 149 | 65.3 2031 |
| Peru | 30.1 2025 | 23.7 | 128 of 149 | 30.2 2031 |
What the numbers say
- Colombia has been higher since 2006, when it overtook Peru.
- In 2025, Colombia ranked 56 and Peru ranked 128 of 149 countries, counting from the highest.
- The IMF projection (World Economic Outlook, October 2026) puts Colombia at 65.3% of GDP and Peru at 30.2% of GDP in 2031.
Every year
% of GDP · IMF
| Year | Colombia | Peru |
|---|---|---|
| 2025 | 59.9 | 30.1 |
| 2024 | 61 | 32.1 |
| 2023 | 55.4 | 32.4 |
| 2022 | 61.3 | 33.5 |
| 2021 | 64.4 | 35.5 |
| 2020 | 65.3 | 34.3 |
| 2019 | 51 | 26.5 |
| 2018 | 51.8 | 25.7 |
| 2017 | 49.5 | 24.8 |
| 2016 | 49.9 | 23.9 |
| 2015 | 50.4 | 23.7 |
| 2014 | 43.3 | 20.5 |
| 2013 | 37.6 | 19.9 |
| 2012 | 34 | 20.7 |
| 2011 | 35.8 | 23.1 |
| 2010 | 36.5 | 25.1 |
| 2009 | 35.4 | 28.2 |
| 2008 | 32.4 | 28.1 |
| 2007 | 32.7 | 31.9 |
| 2006 | 36 | 34.9 |
| 2005 | 38.5 | 40.4 |
| 2004 | 41.5 | 46.7 |
| 2003 | 45 | 49.4 |
| 2002 | 47.6 | 45.5 |
| 2001 | 41.1 | 43.8 |
| 2000 | 38 | 44.9 |
| 1999 | 34 | – |
| 1998 | 27.5 | – |
| 1997 | 25.3 | – |
| 1996 | 23.3 | – |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Colombia | Peru |
|---|---|---|
| 2026 | 59.5 | 28.6 |
| 2027 | 62.9 | 29 |
| 2028 | 65.1 | 29.4 |
| 2029 | 65.9 | 29.8 |
| 2030 | 65.7 | 30.1 |
| 2031 | 65.3 | 30.2 |
Each country on its own
Good to know
- What the government owes, as a share of the economy’s yearly output.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 149 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time