Economic Outlook No 118 — General government final consumption in United Kingdom of Great Britain and Northern Ireland

United Kingdom of Great Britain and Northern Ireland: Economic Outlook No 118 — General government final consumption was 688.62 billion in 2027. ◆ Volatile

Latest (2027)
688.62 billion
Change on year
up 3.4%
World rank
14th
of 28 countries
All-time high
688.62 billion
in 2027
All-time low
9.15 billion
in 1970
Years of data
58
1970–2027

Economic Outlook No 118 — General government final consumption in United Kingdom of Great Britain and Northern Ireland, 1970–2027

0200.0B400.0B600.0B197019982027

Source: Organisation for Economic Co-operation and Development.

Analysis

United Kingdom of Great Britain and Northern Ireland recorded 688.62 billion for economic outlook no 118 — general government final consumption in 2027. That is the highest value across all 58 years on record.

That represents a change of up 3.4% on the previous year and up 77.8% over ten years.

Over the whole period, economic outlook no 118 — general government final consumption in United Kingdom of Great Britain and Northern Ireland peaked at 688.62 billion in 2027 and was at its lowest, 9.15 billion, in 1970.

United Kingdom of Great Britain and Northern Ireland ranks 14th of 28 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 118 — General government final consumption in United Kingdom of Great Britain and Northern Ireland, year by year

Annual values for Economic Outlook No 118 — General government final consumption expenditure, nominal value, appropriation account in United Kingdom of Great Britain and Northern Ireland, 1970 to 2027.
Year Value Change
1970 9.15 billion
1971 10.44 billion +14.1%
1972 11.92 billion +14.1%
1973 13.66 billion +14.6%
1974 17.03 billion +24.7%
1975 23.55 billion +38.3%
1976 27.55 billion +17.0%
1977 30.02 billion +9.0%
1978 33.95 billion +13.1%
1979 39.38 billion +16.0%
1980 49.46 billion +25.6%
1981 55.82 billion +12.9%
1982 60.80 billion +8.9%
1983 65.83 billion +8.3%
1984 69.85 billion +6.1%
1985 73.03 billion +4.6%
1986 79.03 billion +8.2%
1987 85.26 billion +7.9%
1988 92.03 billion +7.9%
1989 100.33 billion +9.0%
1990 111.27 billion +10.9%
1991 122.62 billion +10.2%
1992 131.38 billion +7.1%
1993 134.35 billion +2.3%
1994 139.79 billion +4.1%
1995 145.12 billion +3.8%
1996 151.01 billion +4.1%
1997 152.78 billion +1.2%
1998 159.62 billion +4.5%
1999 171.13 billion +7.2%
2000 182.63 billion +6.7%
2001 197.35 billion +8.1%
2002 215.67 billion +9.3%
2003 236.12 billion +9.5%
2004 256.07 billion +8.4%
2005 273.37 billion +6.8%
2006 290.46 billion +6.3%
2007 302.72 billion +4.2%
2008 322.99 billion +6.7%
2009 338.53 billion +4.8%
2010 345.49 billion +2.1%
2011 347.50 billion +0.6%
2012 354.86 billion +2.1%
2013 356.94 billion +0.6%
2014 368.25 billion +3.2%
2015 372.70 billion +1.2%
2016 381.33 billion +2.3%
2017 387.33 billion +1.6%
2018 397.82 billion +2.7%
2019 425.70 billion +7.0%
2020 474.23 billion +11.4%
2021 508.59 billion +7.2%
2022 530.58 billion +4.3%
2023 567.37 billion +6.9%
2024 600.49 billion +5.8%
2025 641.90 billion +6.9%
2026 666.19 billion +3.8%
2027 688.62 billion +3.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 21.67 billion 9.15 billion 39.38 billion 10
1980s 73.15 billion 49.46 billion 100.33 billion 10
1990s 141.91 billion 111.27 billion 171.13 billion 10
2000s 261.59 billion 182.63 billion 338.53 billion 10
2010s 373.79 billion 345.49 billion 425.70 billion 10
2020s 584.75 billion 474.23 billion 688.62 billion 8

Countries ranked near United Kingdom of Great Britain and Northern Ireland

  1. 11 Denmark 763.99 billion compare
  2. 12 France 751.46 billion compare
  3. 13 Australia 729.75 billion compare
  4. 15 Israel 561.39 billion compare
  5. 16 Italy 426.49 billion compare
  6. 17 Romania 363.89 billion compare

See the full ranking of 38 places →

More economy & growth data for United Kingdom of Great Britain and Northern Ireland

All data for United Kingdom of Great Britain and Northern Ireland →

Frequently asked questions

What is economic outlook no 118 — general government final consumption in United Kingdom of Great Britain and Northern Ireland?
Economic outlook no 118 — general government final consumption in United Kingdom of Great Britain and Northern Ireland was 688.62 billion in 2027, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 118 — general government final consumption recorded in United Kingdom of Great Britain and Northern Ireland?
The highest recorded value was 688.62 billion in 2027.
What is the lowest economic outlook no 118 — general government final consumption recorded in United Kingdom of Great Britain and Northern Ireland?
The lowest recorded value was 9.15 billion in 1970.
How does United Kingdom of Great Britain and Northern Ireland rank for economic outlook no 118 — general government final consumption?
United Kingdom of Great Britain and Northern Ireland ranks 14th out of 28 countries with data for 2027.
Is economic outlook no 118 — general government final consumption rising or falling in United Kingdom of Great Britain and Northern Ireland?
Over the last ten years it is up 77.8%. 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 118 — General government final consumption expenditure, nominal value, appropriation account. Statizoid updates them automatically from the source API.

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Economic Outlook No 118 — General government final consumption in United Kingdom of Great Britain and Northern Ireland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-118-general-government-final-consumption-expenditure-nominal-value/united-kingdom/

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About this data

Indicator
Economic Outlook No 118 — General government final consumption expenditure, nominal value, appropriation account
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,835 data points, 1960–2027
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 118 (Edition 2025/2) EO118 Database documentation EO118 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