Euro area (17 countries) vs Latvia: Economic Outlook No 117 — Private final consumption expenditure

Euro area (17 countries)
1.2
in 2026
Latvia
1.52
in 2026
Euro area (17 countries) rank
8th
Latvia rank
7th

Economic Outlook No 117 — Private final consumption expenditure over time

  • Euro area (17 countries)
  • Latvia
-20-1001020199220092026

How they compare

Latvia currently reports 1.52 against 1.2 in Euro area (17 countries), a difference of 0.32.

That makes Latvia's figure about 1.3 times Euro area (17 countries)'s.

The two have swapped places 10 times across 31 shared years of data; in 1996 it was Latvia ahead.

Euro area (17 countries) ranks 8th and Latvia ranks 7th of 8 regions.

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

Head to head by decade

Decade Euro area (17 countries) Latvia Difference Ahead
1990s 2.69 3.81 1.11 Latvia
2000s 1.43 4.77 3.35 Latvia
2010s 0.856 2.99 2.14 Latvia
2020s 0.817 1.41 0.5899 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 117 — private final consumption expenditure, Euro area (17 countries) or Latvia?
Latvia, at 1.52 against 1.2 in Euro area (17 countries) as of 2026.
What is the difference in economic outlook no 117 — private final consumption expenditure between Euro area (17 countries) and Latvia?
0.32, with Latvia ahead.
How many years of comparable data are there for Euro area (17 countries) and Latvia?
31 years are reported by both, from 1996 to 2026.
How do Euro area (17 countries) and Latvia rank globally for economic outlook no 117 — private final consumption expenditure?
Euro area (17 countries) ranks 8th and Latvia ranks 7th of 8 regions.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Private final consumption expenditure, volume, growth. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Euro area (17 countries) vs Latvia: Economic Outlook No 117 — Private final consumption expenditure. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-117-private-final-consumption-expenditure-volume-growth/euro-area-17-countries/latvia-2/

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About this data

Indicator
Economic Outlook No 117 — Private final consumption expenditure, volume, growth
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
49 places, 2,378 data points, 1961–2026
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 (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