OECD members vs United Kingdom: Final consumption expenditure
Final consumption expenditure over time
- OECD members
- United Kingdom
How they compare
OECD members currently reports 52.86 trillion current US$ against 3.27 trillion current US$ in United Kingdom, a difference of 49.59 trillion current US$.
That makes OECD members's figure about 16.2 times United Kingdom's.
Across all 55 years both countries report, OECD members has been ahead every year.
OECD members ranks 3rd and United Kingdom ranks 4th of 41 groups.
OECD members has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | OECD members | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.48 trillion current US$ | 204.11 billion current US$ | 3.28 trillion current US$ | OECD members |
| 1980s | 8.71 trillion current US$ | 536.96 billion current US$ | 8.17 trillion current US$ | OECD members |
| 1990s | 17.84 trillion current US$ | 1.12 trillion current US$ | 16.72 trillion current US$ | OECD members |
| 2000s | 28.20 trillion current US$ | 1.95 trillion current US$ | 26.25 trillion current US$ | OECD members |
| 2010s | 38.95 trillion current US$ | 2.33 trillion current US$ | 36.63 trillion current US$ | OECD members |
| 2020s | 47.51 trillion current US$ | 2.65 trillion current US$ | 44.85 trillion current US$ | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, OECD members or United Kingdom?
- OECD members, at 52.86 trillion current US$ against 3.27 trillion current US$ in United Kingdom as of 2024.
- What is the difference in final consumption expenditure between OECD members and United Kingdom?
- 49.59 trillion current US$, with OECD members ahead.
- How many years of comparable data are there for OECD members and United Kingdom?
- 55 years are reported by both, from 1970 to 2024.
- How do OECD members and United Kingdom rank globally for final consumption expenditure?
- OECD members ranks 3rd and United Kingdom ranks 4th of 41 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Final consumption expenditure (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.