Latvia vs Sweden: Economic Outlook No 116 — General government final consumption

Latvia
9.31 billion
in 2026
Sweden
1.78 trillion
in 2026
Latvia rank
6th
Sweden rank
5th

Economic Outlook No 116 — General government final consumption over time

  • Latvia
  • Sweden
0500.0B1.0T1.5T2.0T196019932026

How they compare

Sweden currently reports 1.78 trillion against 9.31 billion in Latvia, a difference of 1.77 trillion.

That makes Sweden's figure about 190.8 times Latvia's.

Across all 32 years both countries report, Sweden has been ahead every year.

Latvia ranks 6th and Sweden ranks 5th of 7 countries.

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

Head to head by decade

Decade Latvia Sweden Difference Ahead
1990s 1.10 billion 525.65 billion 524.55 billion Sweden
2000s 2.55 billion 726.98 billion 724.43 billion Sweden
2010s 4.29 billion 1.09 trillion 1.08 trillion Sweden
2020s 7.92 billion 1.58 trillion 1.57 trillion Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 116 — general government final consumption, Latvia or Sweden?
Sweden, at 1.78 trillion against 9.31 billion in Latvia as of 2026.
What is the difference in economic outlook no 116 — general government final consumption between Latvia and Sweden?
1.77 trillion, with Sweden ahead.
How many years of comparable data are there for Latvia and Sweden?
32 years are reported by both, from 1995 to 2026.
How do Latvia and Sweden rank globally for economic outlook no 116 — general government final consumption?
Latvia ranks 6th and Sweden ranks 5th of 7 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 116 — General government final consumption expenditure, nominal value, appropriation account. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Sweden: Economic Outlook No 116 — General government final consumption. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 09 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-116-general-government-final-consumption-expenditure-nominal-value/latvia-2/sweden/

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About this data

Indicator
Economic Outlook No 116 — General government final consumption expenditure, nominal value, appropriation account
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,732 data points, 1960–2026
Last refreshed

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 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org