Norway vs United Kingdom of Great Britain and Northern Ireland: Economic Outlook No 115 — Private final consumption expenditure
Economic Outlook No 115 — Private final consumption expenditure over time
- Norway
- United Kingdom of Great Britain and Northern Ireland
How they compare
Norway currently reports 1.76 trillion against 1.43 trillion in United Kingdom of Great Britain and Northern Ireland, a difference of 328.18 billion.
That makes Norway's figure about 1.2 times United Kingdom of Great Britain and Northern Ireland's.
The two have swapped places 7 times across 66 shared years of data; in 1960 it was United Kingdom of Great Britain and Northern Ireland ahead.
Norway ranks 14th and United Kingdom of Great Britain and Northern Ireland ranks 17th of 38 countries.
Across the 7 decades both report, Norway averaged higher in 6 and United Kingdom of Great Britain and Northern Ireland in 1.
Head to head by decade
| Decade | Norway | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 339.55 billion | 338.35 billion | 1.21 billion | Norway |
| 1970s | 493.32 billion | 447.29 billion | 46.03 billion | Norway |
| 1980s | 652.40 billion | 582.48 billion | 69.91 billion | Norway |
| 1990s | 804.83 billion | 820.67 billion | 15.83 billion | United Kingdom of Great Britain and Northern Ireland |
| 2000s | 1.15 trillion | 1.13 trillion | 21.18 billion | Norway |
| 2010s | 1.52 trillion | 1.30 trillion | 221.89 billion | Norway |
| 2020s | 1.68 trillion | 1.37 trillion | 316.21 billion | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 115 — private final consumption expenditure, Norway or United Kingdom of Great Britain and Northern Ireland?
- Norway, at 1.76 trillion against 1.43 trillion in United Kingdom of Great Britain and Northern Ireland as of 2025.
- What is the difference in economic outlook no 115 — private final consumption expenditure between Norway and United Kingdom of Great Britain and Northern Ireland?
- 328.18 billion, with Norway ahead.
- How many years of comparable data are there for Norway and United Kingdom of Great Britain and Northern Ireland?
- 66 years are reported by both, from 1960 to 2025.
- How do Norway and United Kingdom of Great Britain and Northern Ireland rank globally for economic outlook no 115 — private final consumption expenditure?
- Norway ranks 14th and United Kingdom of Great Britain and Northern Ireland ranks 17th of 38 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.
Individual pages
About this data
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