Latvia vs OECD: Economic Outlook No 115 — Private final consumption expenditure

Latvia
18.53 billion
in 2025
OECD
39.35 trillion
in 2025
Latvia rank
7th
OECD rank
6th

Economic Outlook No 115 — Private final consumption expenditure over time

  • Latvia
  • OECD
010.0T20.0T30.0T40.0T196019922025

How they compare

OECD currently reports 39.35 trillion against 18.53 billion in Latvia, a difference of 39.33 trillion.

That makes OECD's figure about 2,123.3 times Latvia's.

Across all 31 years both countries report, OECD has been ahead every year.

Latvia ranks 7th and OECD ranks 6th of 8 countries.

OECD has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia OECD Difference Ahead
1990s 7.65 billion 22.08 trillion 22.07 trillion OECD
2000s 11.74 billion 27.39 trillion 27.38 trillion OECD
2010s 14.54 billion 32.36 trillion 32.35 trillion OECD
2020s 17.30 billion 37.09 trillion 37.08 trillion OECD

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 115 — private final consumption expenditure, Latvia or OECD?
OECD, at 39.35 trillion against 18.53 billion in Latvia as of 2025.
What is the difference in economic outlook no 115 — private final consumption expenditure between Latvia and OECD?
39.33 trillion, with OECD ahead.
How many years of comparable data are there for Latvia and OECD?
31 years are reported by both, from 1995 to 2025.
How do Latvia and OECD rank globally for economic outlook no 115 — private final consumption expenditure?
Latvia ranks 7th and OECD ranks 6th of 8 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 115 — Private final consumption expenditure, volume. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs OECD: Economic Outlook No 115 — Private final consumption expenditure. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-115-private-final-consumption-expenditure-volume/latvia-2/oecd/

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About this data

Indicator
Economic Outlook No 115 — Private final consumption expenditure, volume
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
49 places, 2,378 data points, 1960–2025
Last refreshed

May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP