Table VI.E7.-Selected Economic Variables, Calendar Years 2000-2075, High 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 96.96 32,074.32 3,960 9,971 0.9404
2001 100.00 33,075.64 4,089 10,300 1.0000
2002 103.44 34,268.35 4,237 10,689 1.0604
2003 108.67 36,541.14 4,531 11,511 1.1506
2004 115.33 38,138.27 4,714 12,082 1.2387
2005 120.44 40,100.04 4,946 12,748 1.3232
2006 125.03 42,440.05 5,285 13,647 1.4179
2007 130.14 44,574.76 5,599 14,472 1.5137
2008 135.71 46,686.87 5,917 15,310 1.6137
2009 141.56 48,896.61 6,239 16,190 1.7203
2010 147.65 51,265.10 6,579 17,136 1.8339
2011 153.96 53,725.82 6,952 18,146 1.9550
2012 160.62 56,304.66 7,323 19,158 2.0842
2013 167.51 59,007.28 7,706 20,212 2.2219
2014 174.74 61,839.63 8,106 21,314 2.3686
2015 182.20 64,807.94 8,524 22,468 2.5251
2016 190.07 67,918.72 8,962 23,681 2.6919
2017 198.22 71,178.82 9,419 24,955 2.8697
2018 206.77 74,595.40 9,897 26,292 3.0593
2019 215.67 78,175.98 10,397 27,696 3.2614
2020 224.91 81,928.43 10,921 29,169 3.4768
2021 234.62 85,860.99 11,468 30,713 3.7065
2022 244.66 89,982.32 12,039 32,332 3.9513
2023 255.22 94,301.47 12,637 34,033 4.2123
2024 266.19 98,827.94 13,265 35,824 4.4905
2025 277.61 103,571.68 13,922 37,707 4.7872
2026 289.55 108,543.12 14,611 39,686 5.1034
2027 302.01 113,753.19 15,334 41,769 5.4405
2028 314.98 119,213.34 16,093 43,964 5.7999
2029 328.53 124,935.59 16,891 46,278 6.1830
2030 342.65 130,932.49 17,728 48,712 6.5914
2031 357.41 137,217.25 18,607 51,274 7.0268
2032 372.79 143,803.68 19,530 53,973 7.4910
2033 388.81 150,706.26 20,501 56,818 7.9858
2034 405.51 157,940.16 21,521 59,818 8.5133
2035 422.96 165,521.29 22,589 62,971 9.0757
2036 441.16 173,466.31 23,705 66,271 9.6752
2037 460.10 181,792.69 24,872 69,733 10.3143
2038 479.91 190,518.74 26,094 73,370 10.9956
2039 500.52 199,663.64 27,372 77,186 11.7220
2040 522.04 209,247.49 28,705 81,177 12.4963
2041 544.49 219,291.37 30,094 85,350 13.3217
2042 567.91 229,817.36 31,541 89,715 14.2017
2043 592.37 240,848.59 33,053 94,285 15.1398
2044 617.80 252,409.32 34,631 99,074 16.1399
2045 644.37 264,524.97 36,275 104,077 17.2061
2046 672.10 277,222.17 37,990 109,314 18.3426
2047 700.98 290,528.84 39,779 114,795 19.5543
2048 731.11 304,474.22 41,643 120,523 20.8460
2049 762.57 319,088.98 43,590 126,525 22.2230
2050 795.35 334,405.25 45,619 132,798 23.6909
2051 829.56 350,456.70 47,733 139,356 25.2559
2052 865.21 367,278.63 49,939 146,223 26.9242
2053 902.47 384,908.00 52,247 153,422 28.7027
2054 941.27 403,383.58 54,658 160,970 30.5987
2055 981.75 422,746.00 57,173 168,866 32.6199
2056 1,023.94 443,037.80 59,796 177,127 34.7747
2057 1,067.97 464,303.62 62,536 185,780 37.0717
2058 1,113.89 486,590.19 65,398 194,847 39.5206
2059 1,161.77 509,946.52 68,387 204,342 42.1311
2060 1,211.77 534,423.96 71,505 214,277 44.9142
2061 1,263.83 560,076.31 74,760 224,681 47.8810
2062 1,318.20 586,959.97 78,162 235,587 51.0439
2063 1,374.86 615,134.05 81,716 247,013 54.4156
2064 1,433.98 644,660.48 85,424 258,968 58.0101
2065 1,495.64 675,604.18 89,296 271,491 61.8420
2066 1,559.99 708,033.18 93,340 284,607 65.9271
2067 1,627.04 742,018.78 97,564 298,349 70.2820
2068 1,697.01 777,635.68 101,975 312,738 74.9246
2069 1,769.98 814,962.19 106,579 327,804 79.8738
2070 1,846.10 854,080.38 111,385 343,574 85.1500
2071 1,925.49 895,076.23 116,404 360,090 90.7747
2072 2,008.27 938,039.89 121,645 377,390 96.7709
2073 2,094.60 983,065.81 127,120 395,511 103.1632
2074 2,184.67 1,030,252.97 132,837 414,491 109.9778
2075 2,278.65 1,079,705.11 138,809 434,372 117.2425

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.