On April 25, 2012, usgovernmentspending.com updated its GDP series with the latest data from measuringworth.com, including nominal GDP for calendar 2011 of $15.094 trillion and a real GDP in 2005 dollars for calendar 2011 of $13.315 trillion.
Usgovernmentspending.com uses measuringworth.com as its GDP source because the data series for nominal and real GDP go back to 1790.
Usgovernmentspending.com uses measuringworth.com as its GDP source because the data series for nominal and real GDP go back to 1790.
Hello, fan of your work. I was curious if you could share the source/methodology of your 2011-2012 estimates.
ReplyDeleteIt also looks like your tax #s are greater than those shown by the OECD. I am guessing this is because OECD doesn't classify Social Security contributions as "tax revenue" but thought you would probably know for sure.
http://www.oecd.org/document/60/0,3746,en_2649_34533_1942460_1_1_1_1,00.html
Thanks, this has been an excellent resource.