Deflator for: Government consumption expenditures and gross investment: Federal: National defense (index; 2017 = 100) - United States - BEA - Quarterly
This series is part of the dataset: Deflators for US GDP and its components
Download Full Dataset (.xlsx)Latest updates. In the United States, the deflator for Federal spending on national defense was 129.92 in 2025-Q2, compared to 128.00 in the previous quarter. This constitutes an increase of 1.50 percent.
Sample. There are 314 records overall in the quarterly time series presented in the chart above. The span of time covered by the series goes from March 1947 to June 2025.
History. Here's a glimpse of some summary statistics calculated on the whole sample: the deflator was equal on average to 51.57; it hit a maximum of 129.92 in June 2025; it reached its lowest level of 8.82 in December 1947.
Latest values
| Date | Value - Index |
|---|---|
| 2024-12-31 | 126.428 |
| 2025-03-31 | 128.003 |
| 2025-06-30 | 129.919 |
Hint. A benefit of our data visualization and download service is that we publish complete metadata. Find it below to better understand the characteristics of the indicators that you use in your work.
Not for investment purposes. Content found on FetchSeries is not suitable for investment purposes or as a basis for making financial decisions. Users should ask for professional advice and perform their own independent due diligence before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | Deflator for: Government consumption expenditures and gross investment: Federal: National defense |
| Country | United States |
| Economic concept | Deflator |
| Data type | Price deflator |
| Seasonally adjusted | Yes |
| Rescaling | Index (2017 = 100) |
| Frequency | Quarterly |
| Unit | Index |
| Source | Bureau of Economic Analysis (BEA) |
| Source type | National statistical agency |
| Data licence | Open Data |
| Measure type | Level |
Series in the same data set
Discover the other time series included in this data set.
GDP
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Gross domestic product (GDP) (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
Main GDP components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Personal consumption expenditures (PCE) (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Gross private domestic investment (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Government consumption expenditures and gross investment (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
PCE components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Personal consumption expenditures (PCE): Goods (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Personal consumption expenditures (PCE): Goods: Durable goods (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Personal consumption expenditures (PCE): Goods: Nondurable goods (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Personal consumption expenditures (PCE): Services (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
Investment components
Net exports components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Exports (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Exports: Goods (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Exports: Services (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Imports (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Imports: Goods (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Imports: Services (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
Government spending components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Government consumption expenditures and gross investment: Federal (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Government consumption expenditures and gross investment: Federal: National defense (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Government consumption expenditures and gross investment: Federal: Nondefense (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Government consumption expenditures and gross investment: State and local (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |