Wednesday, April 25, 2012

US GDP for 2011 Updated

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.

1 comment:

  1. Hello, fan of your work. I was curious if you could share the source/methodology of your 2011-2012 estimates.

    It 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.

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