Hungary vs Latvia: Economic Outlook No 117 — Private final consumption expenditure

Hungary
3.93
in 2026
Latvia
1.52
in 2026
Hungary rank
4th
Latvia rank
7th

Economic Outlook No 117 — Private final consumption expenditure over time

  • Hungary
  • Latvia
-20-1001020199220092026

How they compare

Hungary currently reports 3.93 against 1.52 in Latvia, a difference of 2.41.

That makes Hungary's figure about 2.6 times Latvia's.

The two have swapped places 9 times across 31 shared years of data; in 1996 it was Latvia ahead.

Hungary ranks 4th and Latvia ranks 7th of 38 countries.

Across the 4 decades both report, Hungary averaged higher in 1 and Latvia in 3.

Head to head by decade

Decade Hungary Latvia Difference Ahead
1990s 2.8 3.81 1.01 Latvia
2000s 2.36 4.77 2.41 Latvia
2010s 2.45 2.99 0.5417 Latvia
2020s 3.53 1.41 2.12 Hungary

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 117 — private final consumption expenditure, Hungary or Latvia?
Hungary, at 3.93 against 1.52 in Latvia as of 2026.
What is the difference in economic outlook no 117 — private final consumption expenditure between Hungary and Latvia?
2.41, with Hungary ahead.
How many years of comparable data are there for Hungary and Latvia?
31 years are reported by both, from 1996 to 2026.
How do Hungary and Latvia rank globally for economic outlook no 117 — private final consumption expenditure?
Hungary ranks 4th and Latvia ranks 7th of 38 countries.
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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Hungary vs Latvia: Economic Outlook No 117 — Private final consumption expenditure. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-117-private-final-consumption-expenditure-volume-growth/hungary/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