Chile vs Peru
Two sovereigns, nine shared metrics, one spread gap.
Head to head
| Chile | Peru | |
|---|---|---|
| BT-SFS score | 68.9 | 65.0 |
| Composite rating | A | BBB |
| Fiscal pillar | 62.9 | 71.9 |
| External pillar | 46.3 | 89.4 |
| Macro pillar | 72.5 | 68.8 |
| Institutions pillar | 95.8 | 29.2 |
| Benchmark bond | CHILE 2.55 32 | PERU 8.75 33 |
| Spread over Treasuries | 65 bps | 98 bps |
| Yield to worst | 4.80% | 5.13% |
| Duration | 5.0y | 5.6y |
Metric by metric
| Metric | Chile | Peru |
|---|---|---|
| Current account / GDP | -0.8% (60.4) | 3.4% (81.3) |
| International reserves, months of imports | 4.2 mo (35.6) | 10.5 mo (95.6) |
| General government debt / GDP | 42.5% (75.0) | 30.0% (89.6) |
| Interest expense / revenue | 3.3% (83.3) | 7.7% (72.9) |
| Primary balance / GDP | -1.7% (25.0) | -0.5% (50.0) |
| WGI institutional composite | 0.92 (95.8) | -0.48 (29.2) |
| Real GDP growth | 2.4% (33.3) | 2.8% (41.7) |
| GDP per capita, USD | $20,240 (75.0) | $10,960 (54.2) |
| Inflation stress | 2.9% (100.0) | 2.5% (100.0) |
Frequently asked questions
Who has stronger fundamentals, Chile or Peru?
Chile scores higher on the BT Sovereign Fundamentals Score: 68.9 (Chile) vs 65.0 (Peru), a gap of 3.9 points.
Whose USD bonds trade wider, Chile or Peru?
Peru trades wider: 65 bps (Chile) vs 98 bps (Peru) over US Treasuries — a 33 bps gap on near-5-year USD benchmarks.
Related
- Chile — full Chile profile: pillars, metrics, history.
- Peru — full Peru profile: pillars, metrics, history.
- All sovereigns ranked on the Sovereign Signal hub.
- BT-SFS methodology paper — how the scores are built.