The paper is focused on the Fe for Co substitution effect on the redox and catalytic properties in the perovskite structure of GdFeO3. The solid oxides with the composition GdFe1−xCoxO3 (x = 0; 0.2; 0.5; 0.8; 1) were obtained by the sol-gel method and characterized by var-ious methods: X-Ray diffraction (XRD), temperature-programmed reduction (H2-TPR), N2 sorp-tion, temperature-programmed desorption of oxygen (TPD-O2), simultaneous thermal analysis (STA), and X-ray photoelectron spectroscopy (XPS). The H2-TPR results showed that an increase in the cobalt content in the GdFe1−xCoxO3 (x = 0; 0.2; 0.5; 0.8; 1) leads to a decrease in the reduction temperature. Using the TPD-O2 and STA methods, the lattice oxygen mobility is increasing in the course of the substitution of Fe for Co. Thus, the Fe substitution in the perovskite leads to an im-provement in the oxygen reaction ability. Experiments on the soot oxidation reveal that catalytic oxidation ability increases in the series: GdFe0.5Co0.5O3 ˂ GdFe0.2Co0.8O3 ˂ GdCoO3, which is in good correlation with the increasing oxygen mobility according to H2-TPR, TPD-O2, and STA results. The soot oxidation over GdFeO3 and GdFe0.8Co0.2O3 is not in this range due to the impurities of iron oxides and higher specific surface area.