This dataset gives spending on defense programs for the most recent year available as a percent of gross domestic product (GDP); the GDP is calculated on an exchange rate basis, i.e., not in terms of purchasing power parity (PPP). Source: CIA World Factbook 2007: https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html#2010 Accessed: 10.2.07
The database contains continuous chronological series of the main indicators of dynamics for the US economy in 1950-1996 and the results of a preliminary approximation of the corresponding analytical trends up to 2010. The database includes the values of GNP and GDP in the current and fixed prices, price deflators, shares of various industry groups in the structure of the domestic product, indicators of the dynamics for the total national income, values of exports and imports of goods, population data, indicators of general and sectoral employment and unemployment, basic indices of values for intermediate and final products in material production, the current volumes of capital investments, basic indices of production costs and consumer prices, as well as indicators of the national wealth of the United States. Particular attention was paid to inflation rates, the growth of military spending, the dynamics of public debt and such derived socio-economic indicators as the values of the total national product, income and wealth per capita. Due to some ongoing revisions to the US System of National Accounts (NIPA) introduced by the Bureau of Economic Analysis of the US Department of Commerce, all series have been updated to reflect the President's Economic Report of 1997. All the given series of indicators were verified with primary data sources and provided with reference linear charts of statistical trends. The basis for compiling the database was the official reference publications of the US federal departments, as well as statistical materials accumulated and processed in the Section of Economic Databases at the Institute for the USA and Canada of the Russian Academy of Sciences in 1985-1997.
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This dataset gives spending on defense programs for the most recent year available as a percent of gross domestic product (GDP); the GDP is calculated on an exchange rate basis, i.e., not in terms of purchasing power parity (PPP). Source: CIA World Factbook 2007: https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html#2010 Accessed: 10.2.07