Table VI.F7.-Selected Economic Variables
Calendar Years 2003-80
Low 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
2003 98.97 $33,898.38 $4,342 $10,949 0.9573
2004 100.00 35,095.01 4,543 11,582 1.0000
2005 101.10 36,486.05 4,785 12,118 1.0469
2006 102.42 37,797.83 5,029 12,703 1.0987
2007 104.13 39,167.07 5,277 13,335 1.1575
2008 106.00 40,581.39 5,534 13,996 1.2209
2009 107.91 42,000.28 5,795 14,673 1.2889
2010 109.86 43,476.39 6,063 15,372 1.3608
2011 111.83 44,981.88 6,338 16,090 1.4367
2012 113.85 46,534.65 6,595 16,764 1.5168
2013 115.90 48,140.26 6,842 17,422 1.6014
2014 117.98 49,768.45 7,128 18,161 1.6906
2015 120.11 51,429.98 7,418 18,912 1.7849
2016 122.27 53,145.66 7,718 19,692 1.8844
2017 124.47 54,922.50 8,029 20,503 1.9895
2018 126.71 56,740.15 8,352 21,345 2.1004
2019 128.99 58,655.43 8,681 22,205 2.2175
2020 131.31 60,652.38 9,023 23,099 2.3412
2021 133.68 62,641.32 9,374 24,018 2.4717
2022 136.08 64,823.76 9,738 24,974 2.6095
2023 138.53 67,034.40 10,110 25,953 2.7550
2024 141.02 69,294.33 10,498 26,974 2.9086
2025 143.56 71,596.36 10,898 28,029 3.0708
2026 146.15 73,949.63 11,316 29,131 3.2420
2027 148.78 76,518.19 11,753 30,283 3.4228
2028 151.46 79,115.23 12,204 31,478 3.6136
2029 154.18 81,789.57 12,676 32,725 3.8151
2030 156.96 84,520.58 13,167 34,027 4.0278
2031 159.78 87,321.94 13,681 35,389 4.2524
2032 162.66 90,362.63 14,219 36,815 4.4895
2033 165.59 93,450.08 14,782 38,308 4.7398
2034 168.57 96,635.96 15,369 39,866 5.0041
2035 171.60 99,879.20 15,982 41,492 5.2831
2036 174.69 103,223.95 16,622 43,191 5.5777
2037 177.83 106,819.29 17,291 44,968 5.8887
2038 181.04 110,486.34 17,989 46,825 6.2170
2039 184.29 114,287.31 18,718 48,761 6.5636
2040 187.61 118,140.73 19,476 50,779 6.9296
2041 190.99 122,092.07 20,266 52,882 7.3159
2042 194.43 126,311.49 21,088 55,074 7.7239
2043 197.93 130,650.27 21,945 57,359 8.1545
2044 201.49 135,159.99 22,836 59,736 8.6092
2045 205.12 139,732.89 23,761 62,209 9.0892
2046 208.81 144,419.27 24,723 64,782 9.5960
2047 212.57 149,405.79 25,723 67,461 10.1310
2048 216.39 154,525.64 26,762 70,246 10.6959
2049 220.29 159,844.12 27,841 73,140 11.2922
2050 224.25 165,247.99 28,961 76,145 11.9218
2051 228.29 170,790.99 30,125 79,273 12.5866
2052 232.40 176,676.56 31,339 82,538 13.2883
2053 236.58 182,729.37 32,602 85,938 14.0292
2054 240.84 189,017.73 33,918 89,481 14.8115
2055 245.18 195,436.36 35,283 93,162 15.6373
2056 249.59 202,022.14 36,703 96,994 16.5092
2057 254.08 208,978.98 38,181 100,986 17.4297
2058 258.65 216,120.44 39,723 105,155 18.4015
2059 263.31 223,527.40 41,331 109,502 19.4275
2060 268.05 231,135.56 43,002 114,028 20.5107
2061 272.87 238,952.78 44,745 118,750 21.6543
2062 277.79 247,160.49 46,564 123,685 22.8616
2063 282.79 255,595.84 48,462 128,836 24.1363
2064 287.88 264,342.52 50,440 134,210 25.4821
2065 293.06 273,373.40 52,499 139,809 26.9029
2066 298.33 282,696.27 54,640 145,637 28.4029
2067 303.70 292,385.90 56,872 151,716 29.9865
2068 309.17 302,353.56 59,200 158,061 31.6584
2069 314.74 312,693.44 61,628 164,686 33.4236
2070 320.40 323,381.16 64,149 171,572 35.2872
2071 326.17 334,436.36 66,772 178,743 37.2546
2072 332.04 345,862.84 69,503 186,216 39.3318
2073 338.02 357,687.46 72,344 193,996 41.5248
2074 344.10 369,911.70 75,298 202,096 43.8401
2075 350.29 382,549.77 78,370 210,526 46.2844
2076 356.60 395,616.82 81,563 219,295 48.8651
2077 363.02 409,124.51 84,882 228,420 51.5896
2078 369.55 423,087.38 88,333 237,918 54.4661
2079 376.20 437,525.34 91,918 247,794 57.5029
2080 382.98 452,452.49 95,646 258,071 60.7090
1 The adjusted CPI is the CPI-W indexed to calendar year 2004.
2 The SSA average wage index is used to automatically adjust the contribution and benefit base and other wage-indexed program amounts. (See "Average wage index" in the glossary.)
3 Taxable payroll consists of total earnings subject to OASDI contribution rates, adjusted to include deemed wages based on military service through calendar year 2001 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.

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