Economic Outlook No 117 — Private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Economic Outlook No 117 — Private final consumption expenditure was 1.90 trillion in 2026. ◆ Volatile
Economic Outlook No 117 — Private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland, 1960–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 117 — private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland is 1.90 trillion, measured in 2026. That is the highest value across all 67 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 47.4% over ten years.
Over the whole period, economic outlook no 117 — private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland peaked at 1.90 trillion in 2026 and was at its lowest, 17.17 billion, in 1960.
United Kingdom of Great Britain and Northern Ireland ranks 8th of 24 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 117 — 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 | 1.59 trillion | +16.2% |
| 2023 | 1.71 trillion | +7.3% |
| 2024 | 1.77 trillion | +3.7% |
| 2025 | 1.85 trillion | +4.2% |
| 2026 | 1.90 trillion | +3.0% |
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 | 1.63 trillion | 1.25 trillion | 1.90 trillion | 7 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More economy & growth data for United Kingdom of Great Britain and Northern Ireland
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- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 4.06 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2642 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 15,219 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -88.28 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -82.76 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.08 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0049 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 279.97 current LCU per person (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is economic outlook no 117 — private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland?
- Economic outlook no 117 — private final consumption expenditure in United Kingdom of Great Britain and Northern Ireland was 1.90 trillion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — private final consumption expenditure recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 1.90 trillion in 2026.
- What is the lowest economic outlook no 117 — 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 117 — private final consumption expenditure?
- United Kingdom of Great Britain and Northern Ireland ranks 8th out of 24 countries with data for 2026.
- Is economic outlook no 117 — private final consumption expenditure rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is up 47.4%. 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 117 — Private final consumption expenditure, nominal value, appropriation account. Statizoid updates them automatically from the source API.
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About this data
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