Latvia vs United Kingdom of Great Britain and Northern Ireland: Economic Outlook No 117 — Private final consumption expenditure
Economic Outlook No 117 — Private final consumption expenditure over time
- Latvia
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 1.90 trillion against 26.02 billion in Latvia, a difference of 1.87 trillion.
That makes United Kingdom of Great Britain and Northern Ireland's figure about 73.0 times Latvia's.
Across all 32 years both countries report, United Kingdom of Great Britain and Northern Ireland has been ahead every year.
Latvia ranks 6th and United Kingdom of Great Britain and Northern Ireland ranks 8th of 7 countries.
United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.42 billion | 621.20 billion | 617.78 billion | United Kingdom of Great Britain and Northern Ireland |
| 2000s | 8.11 billion | 878.93 billion | 870.82 billion | United Kingdom of Great Britain and Northern Ireland |
| 2010s | 14.00 billion | 1.22 trillion | 1.21 trillion | United Kingdom of Great Britain and Northern Ireland |
| 2020s | 21.99 billion | 1.63 trillion | 1.61 trillion | United Kingdom of Great Britain and Northern Ireland |
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 United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, at 1.90 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 United Kingdom of Great Britain and Northern Ireland?
- 1.87 trillion, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Latvia and United Kingdom of Great Britain and Northern Ireland?
- 32 years are reported by both, from 1995 to 2026.
- How do Latvia and United Kingdom of Great Britain and Northern Ireland rank globally for economic outlook no 117 — private final consumption expenditure?
- Latvia ranks 6th and United Kingdom of Great Britain and Northern Ireland ranks 8th 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