Latvia vs Norway: Economic Outlook No 117 — Private final consumption expenditure
Economic Outlook No 117 — Private final consumption expenditure over time
- Latvia
- Norway
How they compare
Norway currently reports 2.25 trillion against 26.02 billion in Latvia, a difference of 2.23 trillion.
That makes Norway's figure about 86.6 times Latvia's.
Across all 32 years both countries report, Norway has been ahead every year.
Latvia ranks 6th and Norway ranks 7th of 7 countries.
Norway has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.42 billion | 534.95 billion | 531.53 billion | Norway |
| 2000s | 8.11 billion | 824.08 billion | 815.97 billion | Norway |
| 2010s | 14.00 billion | 1.33 trillion | 1.31 trillion | Norway |
| 2020s | 21.99 billion | 1.91 trillion | 1.89 trillion | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 117 — private final consumption expenditure, Latvia or Norway?
- Norway, at 2.25 trillion against 26.02 billion in Latvia as of 2026.
- What is the difference in economic outlook no 117 — private final consumption expenditure between Latvia and Norway?
- 2.23 trillion, with Norway ahead.
- How many years of comparable data are there for Latvia and Norway?
- 32 years are reported by both, from 1995 to 2026.
- How do Latvia and Norway rank globally for economic outlook no 117 — private final consumption expenditure?
- Latvia ranks 6th and Norway ranks 7th of 7 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Private final consumption expenditure, nominal value, appropriation account. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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