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 1.43 trillion in 2025. ▲ Rising
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 1.43 trillion. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 8.9% 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 1.43 trillion in 2025 and was at its lowest, 293.95 billion, in 1960.
United Kingdom of Great Britain and Northern Ireland ranks 17th of 38 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Economic Outlook No 115 — Private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 293.95 billion | — |
| 1961 | 300.74 billion | +2.3% |
| 1962 | 308.34 billion | +2.5% |
| 1963 | 326.69 billion | +6.0% |
| 1964 | 337.76 billion | +3.4% |
| 1965 | 344.41 billion | +2.0% |
| 1966 | 352.40 billion | +2.3% |
| 1967 | 363.18 billion | +3.1% |
| 1968 | 375.81 billion | +3.5% |
| 1969 | 380.16 billion | +1.2% |
| 1970 | 393.29 billion | +3.5% |
| 1971 | 406.87 billion | +3.5% |
| 1972 | 433.47 billion | +6.5% |
| 1973 | 458.78 billion | +5.8% |
| 1974 | 453.49 billion | -1.2% |
| 1975 | 452.41 billion | -0.2% |
| 1976 | 453.05 billion | +0.1% |
| 1977 | 450.49 billion | -0.6% |
| 1978 | 473.98 billion | +5.2% |
| 1979 | 497.06 billion | +4.9% |
| 1980 | 497.63 billion | +0.1% |
| 1981 | 498.92 billion | +0.3% |
| 1982 | 505.98 billion | +1.4% |
| 1983 | 529.10 billion | +4.6% |
| 1984 | 544.37 billion | +2.9% |
| 1985 | 568.67 billion | +4.5% |
| 1986 | 607.50 billion | +6.8% |
| 1987 | 645.43 billion | +6.2% |
| 1988 | 700.17 billion | +8.5% |
| 1989 | 727.06 billion | +3.8% |
| 1990 | 745.38 billion | +2.5% |
| 1991 | 728.55 billion | -2.3% |
| 1992 | 738.72 billion | +1.4% |
| 1993 | 769.54 billion | +4.2% |
| 1994 | 795.49 billion | +3.4% |
| 1995 | 811.67 billion | +2.0% |
| 1996 | 841.98 billion | +3.7% |
| 1997 | 887.66 billion | +5.4% |
| 1998 | 924.26 billion | +4.1% |
| 1999 | 963.40 billion | +4.2% |
| 2000 | 1.01 trillion | +4.7% |
| 2001 | 1.04 trillion | +3.2% |
| 2002 | 1.07 trillion | +2.7% |
| 2003 | 1.10 trillion | +3.4% |
| 2004 | 1.14 trillion | +2.8% |
| 2005 | 1.17 trillion | +2.8% |
| 2006 | 1.18 trillion | +0.7% |
| 2007 | 1.21 trillion | +3.2% |
| 2008 | 1.20 trillion | -0.7% |
| 2009 | 1.17 trillion | -2.9% |
| 2010 | 1.20 trillion | +2.2% |
| 2011 | 1.19 trillion | -0.3% |
| 2012 | 1.21 trillion | +1.7% |
| 2013 | 1.24 trillion | +2.5% |
| 2014 | 1.28 trillion | +2.7% |
| 2015 | 1.31 trillion | +2.8% |
| 2016 | 1.36 trillion | +3.7% |
| 2017 | 1.39 trillion | +1.8% |
| 2018 | 1.41 trillion | +2.0% |
| 2019 | 1.43 trillion | +1.1% |
| 2020 | 1.24 trillion | -13.2% |
| 2021 | 1.33 trillion | +7.5% |
| 2022 | 1.40 trillion | +5.0% |
| 2023 | 1.40 trillion | +0.3% |
| 2024 | 1.41 trillion | +0.7% |
| 2025 | 1.43 trillion | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 338.35 billion | 293.95 billion | 380.16 billion | 10 |
| 1970s | 447.29 billion | 393.29 billion | 497.06 billion | 10 |
| 1980s | 582.48 billion | 497.63 billion | 727.06 billion | 10 |
| 1990s | 820.67 billion | 728.55 billion | 963.40 billion | 10 |
| 2000s | 1.13 trillion | 1.01 trillion | 1.21 trillion | 10 |
| 2010s | 1.30 trillion | 1.19 trillion | 1.43 trillion | 10 |
| 2020s | 1.37 trillion | 1.24 trillion | 1.43 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0768 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 4,422 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0583 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 3,359 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0764 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 4,399 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 2,899 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 4.52 % change on previous year (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 1.43 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 1.43 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 293.95 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 17th out of 38 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 8.9%. The long-run trend across the full record is rising.
- 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, volume. 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