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I want to know how much of the Gross Domestic Product is made up of social security every year from its inception until today.

For example, did social security make up 10% of the GDP in 1936, 14% of the GDP in 1958 and 33% of the GDP today?

2006-12-05 14:44:32 · 1 answers · asked by curtis_merrill 1 in Social Science Economics

1 answers

You can compute it yourself:

Social Security and unemployment insurance contributions are given on lines 7 and 8 in the NIPA table 2.1:

http://www.bea.gov/bea/dn/nipaweb/TableView.asp?SelectedTable=58&FirstYear=1930&LastYear=2005&Freq=Year

Nominal GDP is found on line 1 of the NIPA table 1.1.5:

http://www.bea.gov/bea/dn/nipaweb/TableView.asp?SelectedTable=5&FirstYear=1930&LastYear=2005&Freq=Year

__________

2006-12-05 15:21:55 · answer #1 · answered by NC 7 · 1 0

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