Economic Outlook No 115 — Private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Economic Outlook No 115 — Private final consumption expenditure was 1.77 trillion in 2025. ◆ Volatile
Economic Outlook No 115 — Private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland, 1960–2025
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2025, economic outlook no 115 — private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland stood at 1.77 trillion. That is the highest value across all 66 years on record.
The figure is up 3.1% on the previous year and up 44.0% over ten years.
Over the whole period, economic outlook no 115 — private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland peaked at 1.77 trillion in 2025 and was at its lowest, 17.17 billion, in 1960.
United Kingdom of Great Britain and Northern Ireland ranks 18th of 37 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 115 — Private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 17.17 billion | — |
| 1961 | 18.11 billion | +5.5% |
| 1962 | 19.23 billion | +6.2% |
| 1963 | 20.50 billion | +6.6% |
| 1964 | 21.98 billion | +7.3% |
| 1965 | 23.51 billion | +6.9% |
| 1966 | 24.98 billion | +6.3% |
| 1967 | 26.43 billion | +5.8% |
| 1968 | 28.66 billion | +8.4% |
| 1969 | 30.65 billion | +7.0% |
| 1970 | 33.62 billion | +9.7% |
| 1971 | 37.81 billion | +12.5% |
| 1972 | 43.09 billion | +14.0% |
| 1973 | 49.75 billion | +15.4% |
| 1974 | 58.16 billion | +16.9% |
| 1975 | 71.64 billion | +23.2% |
| 1976 | 83.99 billion | +17.2% |
| 1977 | 96.38 billion | +14.8% |
| 1978 | 111.62 billion | +15.8% |
| 1979 | 132.94 billion | +19.1% |
| 1980 | 155.66 billion | +17.1% |
| 1981 | 175.56 billion | +12.8% |
| 1982 | 194.04 billion | +10.5% |
| 1983 | 214.26 billion | +10.4% |
| 1984 | 231.26 billion | +7.9% |
| 1985 | 253.08 billion | +9.4% |
| 1986 | 279.26 billion | +10.3% |
| 1987 | 306.85 billion | +9.9% |
| 1988 | 345.15 billion | +12.5% |
| 1989 | 378.17 billion | +9.6% |
| 1990 | 412.87 billion | +9.2% |
| 1991 | 439.56 billion | +6.5% |
| 1992 | 461.29 billion | +4.9% |
| 1993 | 491.09 billion | +6.5% |
| 1994 | 515.78 billion | +5.0% |
| 1995 | 542.68 billion | +5.2% |
| 1996 | 582.79 billion | +7.4% |
| 1997 | 625.97 billion | +7.4% |
| 1998 | 660.80 billion | +5.6% |
| 1999 | 693.74 billion | +5.0% |
| 2000 | 728.07 billion | +4.9% |
| 2001 | 758.36 billion | +4.2% |
| 2002 | 784.77 billion | +3.5% |
| 2003 | 822.32 billion | +4.8% |
| 2004 | 861.47 billion | +4.8% |
| 2005 | 902.83 billion | +4.8% |
| 2006 | 937.87 billion | +3.9% |
| 2007 | 982.60 billion | +4.8% |
| 2008 | 1.02 trillion | +3.3% |
| 2009 | 995.66 billion | -1.9% |
| 2010 | 1.03 trillion | +3.2% |
| 2011 | 1.06 trillion | +3.5% |
| 2012 | 1.10 trillion | +3.4% |
| 2013 | 1.15 trillion | +4.8% |
| 2014 | 1.20 trillion | +4.0% |
| 2015 | 1.23 trillion | +2.5% |
| 2016 | 1.29 trillion | +5.0% |
| 2017 | 1.34 trillion | +3.7% |
| 2018 | 1.39 trillion | +4.1% |
| 2019 | 1.43 trillion | +2.6% |
| 2020 | 1.25 trillion | -12.7% |
| 2021 | 1.37 trillion | +9.9% |
| 2022 | 1.55 trillion | +13.2% |
| 2023 | 1.66 trillion | +7.2% |
| 2024 | 1.72 trillion | +3.3% |
| 2025 | 1.77 trillion | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.12 billion | 17.17 billion | 30.65 billion | 10 |
| 1970s | 71.90 billion | 33.62 billion | 132.94 billion | 10 |
| 1980s | 253.33 billion | 155.66 billion | 378.17 billion | 10 |
| 1990s | 542.66 billion | 412.87 billion | 693.74 billion | 10 |
| 2000s | 878.93 billion | 728.07 billion | 1.02 trillion | 10 |
| 2010s | 1.22 trillion | 1.03 trillion | 1.43 trillion | 10 |
| 2020s | 1.55 trillion | 1.25 trillion | 1.77 trillion | 6 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 11.25 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1969 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 11,341 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 7.99 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.1495 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 8,613 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 5.59 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.166 constant 2015 US$ per US$ of GDP (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is economic outlook no 115 — private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland?
- Economic outlook no 115 — private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland was 1.77 trillion in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 115 — private final consumption expenditure recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 1.77 trillion in 2025.
- What is the lowest economic outlook no 115 — private final consumption expenditure recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 17.17 billion in 1960.
- How does United Kingdom of Great Britain and Northern Ireland rank for economic outlook no 115 — private final consumption expenditure?
- United Kingdom of Great Britain and Northern Ireland ranks 18th out of 37 countries with data for 2025.
- Is economic outlook no 115 — private final consumption expenditure rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 44.0%. The long-run trend across the full record is volatile.
- Where does this United Kingdom of Great Britain and Northern Ireland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — Private final consumption expenditure, nominal value, GDP expenditure approach. Statizoid updates them automatically from the source API.
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About this data
May 2024 - 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 (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 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