Table VI.E7.-Selected Economic Variables, Calendar Years 2000-2075, Intermediate Cost Assumptions
[GDP and taxable payroll in billions]

Calendar
year
Adjusted
CPI 1
SSA average
wage index 2
Taxable
payroll 3
Gross
domestic
product
Compound
interest-rate
factor 4

2000 97.12 32,104.67 3,966 9,982 0.9404
2001 100.00 33,680.35 4,181 10,528 1.0000
2002 102.88 35,277.03 4,414 11,104 1.0609
2003 105.92 36,781.09 4,634 11,669 1.1256
2004 109.20 38,372.33 4,866 12,270 1.1960
2005 112.71 40,044.65 5,109 12,920 1.2711
2006 116.39 41,799.45 5,367 13,610 1.3518
2007 120.24 43,575.71 5,630 14,313 1.4376
2008 124.21 45,416.27 5,908 15,054 1.5287
2009 128.29 47,350.68 6,201 15,832 1.6258
2010 132.55 49,366.08 6,504 16,646 1.7290
2011 136.92 51,488.82 6,842 17,529 1.8387
2012 141.40 53,702.84 7,180 18,422 1.9554
2013 146.12 56,012.06 7,527 19,345 2.0796
2014 150.89 58,420.58 7,888 20,304 2.2116
2015 155.89 60,932.66 8,263 21,302 2.3519
2016 161.01 63,552.77 8,654 22,345 2.5012
2017 166.36 66,285.54 9,058 23,431 2.6600
2018 171.82 69,135.82 9,480 24,567 2.8288
2019 177.52 72,108.66 9,920 25,752 3.0084
2020 183.38 75,209.33 10,378 26,989 3.1994
2021 189.42 78,443.33 10,855 28,280 3.4025
2022 195.69 81,816.39 11,351 29,628 3.6184
2023 202.13 85,334.50 11,869 31,038 3.8481
2024 208.80 89,003.88 12,411 32,518 4.0924
2025 215.70 92,831.05 12,978 34,068 4.3522
2026 222.83 96,822.78 13,571 35,692 4.6284
2027 230.13 100,986.16 14,193 37,400 4.9222
2028 237.78 105,328.57 14,845 39,197 5.2347
2029 245.60 109,857.70 15,531 41,089 5.5669
2030 253.71 114,581.58 16,251 43,076 5.9203
2031 262.10 119,508.59 17,007 45,167 6.2961
2032 270.73 124,647.45 17,800 47,365 6.6958
2033 279.64 130,007.30 18,633 49,678 7.1208
2034 288.90 135,597.61 19,509 52,115 7.5728
2035 298.45 141,428.31 20,426 54,670 8.0535
2036 308.28 147,509.72 21,383 57,344 8.5647
2037 318.46 153,852.64 22,385 60,147 9.1084
2038 328.92 160,468.30 23,435 63,091 9.6865
2039 339.79 167,368.44 24,534 66,177 10.3014
2040 351.01 174,565.28 25,680 69,402 10.9553
2041 362.62 182,071.59 26,876 72,773 11.6507
2042 374.58 189,900.67 28,123 76,298 12.3902
2043 386.95 198,066.40 29,426 79,984 13.1767
2044 399.71 206,583.25 30,786 83,843 14.0131
2045 412.88 215,466.33 32,202 87,872 14.9027
2046 426.51 224,731.39 33,680 92,083 15.8486
2047 440.60 234,394.84 35,222 96,487 16.8546
2048 455.15 244,473.81 36,830 101,087 17.9245
2049 470.16 254,986.19 38,508 105,901 19.0623
2050 485.68 265,950.59 40,259 110,931 20.2723
2051 501.67 277,386.47 42,085 116,188 21.5591
2052 518.23 289,314.09 43,993 121,691 22.9276
2053 535.37 301,754.59 45,988 127,456 24.3830
2054 553.02 314,730.04 48,073 133,496 25.9307
2055 571.25 328,263.43 50,251 139,814 27.5767
2056 590.11 342,378.76 52,524 146,422 29.3272
2057 609.60 357,101.05 54,900 153,346 31.1888
2058 629.73 372,456.39 57,387 160,602 33.1686
2059 650.49 388,472.02 59,986 168,203 35.2740
2060 671.94 405,176.31 62,702 176,159 37.5131
2061 694.13 422,598.90 65,541 184,493 39.8943
2062 717.02 440,770.65 68,511 193,227 42.4266
2063 740.71 459,723.79 71,616 202,377 45.1197
2064 765.15 479,491.91 74,860 211,952 47.9837
2065 790.40 500,110.06 78,250 221,981 51.0296
2066 816.45 521,614.79 81,793 232,480 54.2688
2067 843.42 544,044.23 85,495 243,475 57.7136
2068 871.25 567,438.13 89,362 254,982 61.3770
2069 900.00 591,837.97 93,402 267,024 65.2730
2070 929.73 617,287.00 97,619 279,622 69.4163
2071 960.38 643,830.35 102,024 292,805 73.8226
2072 992.06 671,515.05 106,625 306,601 78.5086
2073 1,024.78 700,390.20 111,429 321,037 83.4921
2074 1,058.65 730,506.98 116,446 336,140 88.7919
2075 1,093.56 761,918.78 121,686 351,946 94.4281

1 The CPI used to adjust OASDI benefits is the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI), as defined by the Bureau of Labor Statistics, Department of Labor. The values shown are adjusted by dividing the calendar-year annual average CPI by the analogous value for 2001, and multiplying the result by 100, thereby initializing the CPI at 100 for 2001.
2 The "SSA average wage index" is defined in section 215(i)(1)(G) of the Social Security Act; it is used in the calculations of initial benefits and the automatic adjustment of the contribution and benefit base and other wage-indexed program amounts.
3 Taxable payroll consists of total earnings subject to OASDI contribution rates, adjusted to include deemed wages based on military service and to reflect the lower effective contribution rates (compared to the combined employee-employer rate) which apply to multiple-employer "excess wages."
4 The compound interest-rate factor is based on the average of the assumed annual interest rates for special public-debt obligations issuable to the trust funds in the 12 months of the year, under each alternative.