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Deflator for: Government consumption expenditures and gross investment (index; 2017 = 100) - United States - BEA - Quarterly

Latest updates. In the United States, the deflator for government spending was 131.16 in 2025-Q2, compared to 130.09 in 2025-Q1. This constitutes a gain of 0.82 percent.

Sample. There are 314 records overall in the quarterly series shown in the figure above. The time range covered by the series stretches from March 1947 to June 2025.

History. Here’s a quick look at a few simple statistics calculated on the whole sample: the deflator had a mean value of 48.20; it recorded its highest level of 131.16 in June 2025; it reached its lowest level of 7.03 in September 1947.

Latest values

Date Value - Index
2024-12-31 128.647
2025-03-31 130.086
2025-06-30 131.155

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Series Metadata

Field Value
Description Deflator for: Government consumption expenditures and gross investment
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

Series Name Observations Start Date End Date
Deflator for: Gross private domestic investment: Fixed investment (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Deflator for: Gross private domestic investment: Fixed investment: Nonresidential (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Deflator for: Gross private domestic investment: Fixed investment: Nonresidential: Structures (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Deflator for: Gross private domestic investment: Fixed investment: Nonresidential: Equipment (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Deflator for: Gross private domestic investment: Fixed investment: Nonresidential: Intellectual property products (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Deflator for: Gross private domestic investment: Fixed investment: Residential (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

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