United States - Government consumption expenditures and gross investment: Federal: National defense (implicit price deflator) was 123.14500 Index 2009=100 in January of 2024, according to the United States Federal Reserve. Historically, United States - Government consumption expenditures and gross investment: Federal: National defense (implicit price deflator) reached a record high of 123.14500 in January of 2024 and a record low of 8.81900 in October of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Government consumption expenditures and gross investment: Federal: National defense (implicit price deflator) - last updated from the United States Federal Reserve on May of 2024.