Single-Year Tables Historical Data Intermediate Assumptions Low-Cost Assumptions High-Cost Assumptions


Table VI.G6.- Selected Economic Variables,
Calendar Years 1970-2095
[GDP and taxable payroll in billions]

Calendar year   Adjusted
CPI  a		   Average
wage index		   Taxable
payroll  b		   Gross
domestic
product		   Compound
new-issue
interest
factor  c		   Compound
effective
trust-fund
interest
factor  d

Historical:
1970   16.31   $6,186.24   $404   $1,076   0.0500   0.0420
1971   17.02   6,497.08   415   1,168   .0537   .0442
1972   17.61   7,133.80   471   1,282   .0569   .0465
1973   18.69   7,580.16   546   1,429   .0604   .0491
1974   20.74   8,030.76   620   1,549   .0644   .0520
1975   22.63   8,630.92   648   1,689   .0694   .0554
1976   23.92   9,226.48   719   1,878   .0746   .0591
1977   25.47   9,779.44   795   2,086   .0800   .0631
1978   27.44   10,556.03   895   2,357   .0858   .0676
1979   30.57   11,479.46   1,047   2,632   .0930   .0725
1980   34.67   12,513.46   1,151   2,862   .1016   .0784
1981   38.23   13,773.10   1,272   3,211   .1131   .0856
1982   40.53   14,531.34   1,341   3,345   .1287   .0946
1983   41.74   15,239.24   1,488   3,638   .1457   .1050
1984   43.20   16,135.07   1,597   4,041   .1622   .1167
1985   44.71   16,822.51   1,723   4,347   .1829   .1300
1986   45.42   17,321.82   1,842   4,590   .2032   .1445
1987   47.05   18,426.51   1,956   4,870   .2197   .1599
1988   48.93   19,334.04   2,090   5,253   .2385   .1757
1989   51.27   20,099.55   2,235   5,658   .2601   .1927
1990   53.95   21,027.98   2,356   5,980   .2830   .2109
1991   56.17   21,811.60   2,420   6,174   .3080   .2304
1992   57.80   22,935.42   2,529   6,539   .3330   .2509
1993   59.43   23,132.67   2,635   6,879   .3570   .2724
1994   60.89   23,753.53   2,780   7,309   .3790   .2947
1995   62.65   24,705.66   2,912   7,664   .4062   .3181
1996   64.45   25,913.90   3,064   8,100   .4346   .3427
1997   65.91   27,426.00   3,275   8,609   .4637   .3686
1998   66.79   28,861.44   3,516   9,089   .4948   .3958
1999   68.25   30,469.84   3,736   9,661   .5230   .4238
2000   70.64   32,154.82   3,992   10,285   .5541   .4531
2001   72.56   32,921.92   4,158   10,622   .5892   .4836
2002   73.56   33,252.09   4,238   10,978   .6204   .5152
2003   75.20   34,064.95   4,343   11,511   .6510   .5471
2004   77.16   35,648.55   4,540   12,275   .6778   .5791
2005   79.88   36,952.94   4,747   13,094   .7070   .6114
2006   82.43   38,651.41   5,023   13,856   .7378   .6443
2007   84.80   40,405.48   5,251   14,478   .7739   .6783
2008   88.27   41,334.97   5,413   14,719   .8103   .7134
2009   87.67   40,711.61   5,255   14,419   .8400   .7490
2010   89.49   41,673.83   5,290   14,964   .8647   .7846
2011   92.67   42,979.61   5,467   15,518   .8887   .8201
2012   94.61   44,321.67   5,686   16,155   .9104   .8549
2013   95.91   44,888.16   5,887   16,692   .9237   .8886
2014   97.35   46,481.52   6,164   17,393   .9411   .9214
2015   96.95   48,098.63   6,474   18,037   .9626   .9534

Intermediate:
2016   97.88   49,364.95   6,730   18,568   .9821   .9845
2017   100.00   51,314.31   7,125   19,455   1.0000   1.0150
2018   102.97   53,798.38   7,499   20,531   1.0272   1.0454
2019   105.68   56,223.60   7,896   21,618   1.0655   1.0768
2020   108.42   58,735.48   8,319   22,734   1.1123   1.1096
2021   111.24   61,211.89   8,736   23,865   1.1644   1.1439
2022   114.13   63,609.73   9,145   24,974   1.2215   1.1800
2023   117.10   65,987.64   9,543   26,078   1.2832   1.2182
2024   120.15   68,493.99   9,958   27,242   1.3486   1.2589
2025   123.27   71,119.99   10,387   28,458   1.4192   1.3025
2026   126.48   73,835.30   10,830   29,707   1.4947   1.3495
2027   129.76   76,693.45   11,297   31,027   1.5750   1.4017
2028   133.14   79,666.69   11,781   32,403   1.6595   1.4605
2029   136.60   82,759.12   12,284   33,837   1.7487   1.5267
2030   140.15   85,975.35   12,802   35,314   1.8426   1.6010
2031   143.79   89,319.56   13,340   36,851   1.9415   1.6844
2032   147.53   92,791.41   13,902   38,458   2.0458   1.7748
2033   151.37   96,398.71   14,488   40,133   2.1557   1.8701
2034   155.30   100,131.19   15,100   41,885   2.2714   1.9706
2035   159.34   103,983.22   15,743   43,718   2.3934   2.0764
2036   163.49   107,963.81   16,412   45,629   2.5219   2.1879
2037   167.74   112,091.33   17,115   47,631   2.6574   2.3054
2038   172.10   116,376.73   17,854   49,739   2.8001   2.4292
2039   176.57   120,818.73   18,632   51,952   2.9504   2.5596
2040   181.16   125,424.18   19,443   54,260   3.1089   2.6971
2041   185.87   130,209.14   20,292   56,675   3.2758   2.8419
2042   190.71   135,182.60   21,183   59,208   3.4517   2.9946
2043   195.66   140,362.68   22,115   61,853   3.6371   3.1554
2044   200.75   145,747.95   23,087   64,612   3.8324   3.3248
2045   205.97   151,333.65   24,099   67,488   4.0382   3.5034
2046   211.33   157,141.74   25,156   70,486   4.2551   3.6915
2047   216.82   163,189.60   26,256   73,607   4.4836   3.8898
2048   222.46   169,479.98   27,404   76,861   4.7244   4.0986
2049   228.24   175,999.20   28,598   80,254   4.9781   4.3188
2050   234.18   182,762.47   29,842   83,787   5.2454   4.5507
2051   240.26   189,786.69   31,135   87,461   5.5271   4.7951
2052   246.51   197,082.21   32,481   91,282   5.8239   5.0526
2053   252.92   204,644.30   33,879   95,263   6.1367   5.3239
2054   259.50   212,482.69   35,336   99,411   6.4663   5.6098
2055   266.24   220,611.01   36,850   103,729   6.8135   5.9111
2056   273.17   229,040.55   38,426   108,228   7.1794   6.2285
2057   280.27   237,794.90   40,068   112,915   7.5650   6.5630
2058   287.56   246,888.85   41,776   117,797   7.9712   6.9154
2059   295.03   256,326.65   43,553   122,881   8.3993   7.2868
2060   302.70   266,101.95   45,403   128,183   8.8503   7.6781
2061   310.57   276,237.49   47,327   133,709   9.3256   8.0904
2062   318.65   286,727.93   49,330   139,474   9.8264   8.5249
2063   326.93   297,589.62   51,416   145,491   10.3541   8.9827
2064   335.43   308,825.83   53,588   151,771   10.9102   9.4651
2065   344.15   320,460.29   55,852   158,326   11.4960   9.9734
2066   353.10   332,499.17   58,211   165,171   12.1134   10.5090
2067   362.28   344,970.39   60,671   172,319   12.7639   11.0733
2068   371.70   357,900.20   63,237   179,784   13.4494   11.6680
2069   381.37   371,324.91   65,919   187,581   14.1716   12.2946
2070   391.28   385,257.44   68,718   195,725   14.9327   12.9548
2071   401.46   399,707.44   71,640   204,235   15.7346   13.6506
2072   411.89   414,691.68   74,693   213,128   16.5796   14.3836
2073   422.60   430,218.36   77,875   222,415   17.4699   15.1560
2074   433.59   446,306.77   81,190   232,114   18.4081   15.9700
2075   444.86   462,986.37   84,644   242,244   19.3966   16.8276
2076   456.43   480,261.10   88,240   252,816   20.4383   17.7312
2077   468.30   498,184.79   91,987   263,847   21.5359   18.6834
2078   480.47   516,779.34   95,892   275,353   22.6924   19.6868
2079   492.97   536,069.71   99,966   287,358   23.9110   20.7440
2080   505.78   556,082.90   104,211   299,875   25.1951   21.8580
2081   518.93   576,842.66   108,634   312,922   26.5481   23.0318
2082   532.42   598,367.88   113,241   326,517   27.9738   24.2687
2083   546.27   620,693.95   118,036   340,677   29.4760   25.5719
2084   560.47   643,869.09   123,032   355,426   31.0590   26.9452
2085   575.04   667,931.06   128,235   370,790   32.7269   28.3922
2086   589.99   692,927.93   133,658   386,794   34.4844   29.9169
2087   605.33   718,889.67   139,308   403,470   36.3363   31.5235
2088   621.07   745,834.43   145,190   420,840   38.2876   33.2164
2089   637.22   773,794.91   151,312   438,932   40.3437   35.0002
2090   653.79   802,807.74   157,681   457,775   42.5103   36.8798
2091   670.79   832,915.44   164,313   477,416   44.7931   38.8603
2092   688.23   864,178.50   171,218   497,876   47.1986   40.9472
2093   706.12   896,628.40   178,411   519,200   49.7333   43.1461
2094   724.48   930,295.71   185,905   541,433   52.4041   45.4632
2095   743.32   965,223.22   193,712   564,614   55.2183   47.9046

Low-cost:
2016   97.31   49,397.54   6,734   18,581   .9821   .9845
2017   100.00   51,754.23   7,216   19,694   1.0000   1.0153
2018   103.80   55,183.94   7,756   21,235   1.0353   1.0468
2019   107.29   58,676.00   8,341   22,803   1.0887   1.0810
2020   110.72   62,137.45   8,941   24,306   1.1512   1.1183
2021   114.27   65,352.13   9,517   25,761   1.2182   1.1589
2022   117.92   68,560.54   10,093   27,248   1.2892   1.2030
2023   121.70   71,925.67   10,693   28,822   1.3664   1.2513
2024   125.59   75,501.62   11,330   30,509   1.4509   1.3048
2025   129.61   79,285.59   12,004   32,293   1.5430   1.3641
2026   133.76   83,321.83   12,713   34,137   1.6428   1.4300
2027   138.04   87,587.52   13,428   36,079   1.7502   1.5034
2028   142.45   92,076.70   14,180   38,127   1.8640   1.5853
2029   147.01   96,799.77   14,972   40,287   1.9852   1.6766
2030   151.72   101,768.17   15,800   42,546   2.1143   1.7782
2031   156.57   106,992.97   16,673   44,927   2.2518   1.8913
2032   161.58   112,480.51   17,595   47,445   2.3982   2.0143
2033   166.75   118,245.87   18,570   50,105   2.5542   2.1453
2034   172.09   124,280.36   19,604   52,922   2.7203   2.2848
2035   177.60   130,580.71   20,700   55,906   2.8971   2.4333
2036   183.28   137,167.27   21,862   59,064   3.0855   2.5916
2037   189.15   144,073.68   23,097   62,417   3.2861   2.7601
2038   195.20   151,321.86   24,415   65,990   3.4998   2.9395
2039   201.44   158,919.62   25,819   69,791   3.7274   3.1307
2040   207.89   166,884.87   27,307   73,815   3.9698   3.3343
2041   214.54   175,252.44   28,889   78,086   4.2279   3.5511
2042   221.41   184,045.55   30,574   82,628   4.5028   3.7820
2043   228.49   193,302.53   32,364   87,445   4.7956   4.0279
2044   235.80   203,042.41   34,260   92,543   5.1074   4.2898
2045   243.35   213,272.82   36,268   97,938   5.4395   4.5687
2046   251.14   224,038.42   38,395   103,644   5.7932   4.8658
2047   259.17   235,384.03   40,644   109,668   6.1699   5.1822
2048   267.47   247,329.06   43,026   116,035   6.5711   5.5192
2049   276.03   259,868.81   45,540   122,764   6.9984   5.8780
2050   284.86   273,042.76   48,198   129,868   7.4535   6.2603
2051   293.98   286,892.70   51,003   137,359   7.9381   6.6673
2052   303.38   301,454.42   53,964   145,259   8.4543   7.1009
2053   313.09   316,738.83   57,089   153,596   9.0040   7.5626
2054   323.11   332,779.64   60,389   162,400   9.5895   8.0543
2055   333.45   349,618.54   63,872   171,688   10.2131   8.5781
2056   344.12   367,294.14   67,550   181,493   10.8772   9.1358
2057   355.13   385,868.02   71,436   191,848   11.5844   9.7299
2058   366.50   405,387.14   75,541   202,781   12.3377   10.3626
2059   378.22   425,882.38   79,877   214,325   13.1400   11.0364
2060   390.33   447,370.18   84,457   226,527   13.9944   11.7540
2061   402.82   469,915.68   89,298   239,424   14.9043   12.5183
2062   415.71   493,538.93   94,412   253,066   15.8735   13.3323
2063   429.01   518,298.01   99,824   267,504   16.9056   14.1992
2064   442.74   544,231.23   105,547   282,786   18.0049   15.1225
2065   456.91   571,412.52   111,604   298,962   19.1757   16.1058
2066   471.53   599,885.83   118,016   316,098   20.4225   17.1531
2067   486.62   629,737.66   124,806   334,248   21.7505   18.2685
2068   502.19   661,055.36   132,003   353,474   23.1648   19.4564
2069   518.26   693,945.39   139,635   373,845   24.6711   20.7215
2070   534.84   728,475.85   147,724   395,425   26.2753   22.0689
2071   551.96   764,714.47   156,304   418,305   27.9838   23.5039
2072   569.62   802,744.23   165,403   442,556   29.8034   25.0322
2073   587.85   842,628.12   175,043   468,257   31.7413   26.6599
2074   606.66   884,453.62   185,247   495,486   33.8053   28.3934
2075   626.07   928,334.51   196,049   524,333   36.0035   30.2397
2076   646.11   974,333.65   207,470   554,871   38.3445   32.2060
2077   666.78   1,022,619.29   219,554   587,178   40.8379   34.3002
2078   688.12   1,073,304.96   232,340   621,349   43.4933   36.5305
2079   710.14   1,126,513.41   245,872   657,496   46.3214   38.9059
2080   732.86   1,182,372.93   260,182   695,701   49.3334   41.4357
2081   756.31   1,241,005.87   275,308   736,066   52.5413   44.1300
2082   780.52   1,302,528.73   291,290   778,695   55.9577   46.9995
2083   805.49   1,367,095.06   308,169   823,694   59.5963   50.0556
2084   831.27   1,434,891.39   325,997   871,184   63.4715   53.3104
2085   857.87   1,506,091.40   344,830   921,310   67.5987   56.7769
2086   885.32   1,580,901.90   364,726   974,201   71.9942   60.4687
2087   913.65   1,659,487.10   385,741   1,030,021   76.6755   64.4006
2088   942.89   1,741,998.28   407,928   1,088,925   81.6613   68.5882
2089   973.06   1,828,616.55   431,352   1,151,095   86.9712   73.0481
2090   1,004.20   1,919,536.93   456,077   1,216,718   92.6265   77.7980
2091   1,036.33   2,014,985.06   482,196   1,286,030   98.6494   82.8567
2092   1,069.49   2,115,233.53   509,791   1,359,218   105.0640   88.2444
2093   1,103.72   2,220,501.41   538,954   1,436,534   111.8957   93.9824
2094   1,139.04   2,331,017.09   569,777   1,518,223   119.1716   100.0935
2095   1,175.49   2,447,034.97   602,367   1,604,573   126.9206   106.6020

High-cost:
2016   98.31   49,343.60   6,728   18,559   .9821   .9845
2017   100.00   50,695.11   7,034   19,182   1.0000   1.0149
2018   102.42   51,598.51   7,151   19,540   1.0203   1.0443
2019   104.63   53,039.20   7,325   20,132   1.0385   1.0733
2020   106.72   54,856.54   7,588   20,917   1.0705   1.1024
2021   108.85   56,567.87   7,857   21,699   1.1113   1.1318
2022   111.03   58,266.76   8,125   22,467   1.1558   1.1610
2023   113.25   59,941.26   8,384   23,239   1.2038   1.1901
2024   115.52   61,647.11   8,646   24,027   1.2552   1.2192
2025   117.83   63,324.94   8,903   24,816   1.3091   1.2482
2026   120.18   64,976.83   9,151   25,603   1.3653   1.2776
2027   122.59   66,684.59   9,428   26,428   1.4231   1.3094
2028   125.04   68,440.80   9,710   27,277   1.4835   1.3447
2029   127.54   70,247.46   9,999   28,152   1.5464   1.3787
2030   130.09   72,106.19   10,292   29,038   1.6121   1.4249
2031   132.69   74,017.93   10,592   29,950   1.6805   1.4865
2032   135.35   75,980.62   10,902   30,892   1.7518   1.5496
2033   138.05   77,998.95   11,221   31,861   1.8261   1.6153
2034   140.81   80,063.60   11,550   32,862   1.9036   1.6839
2035   143.63   82,170.66   11,890   33,894   1.9844   1.7553
2036   146.50   84,324.52   12,238   34,952   2.0686   1.8298
2037   149.43   86,535.35   12,597   36,044   2.1564   1.9075
2038   152.42   88,808.50   12,970   37,177   2.2480   1.9885
2039   155.47   91,138.82   13,356   38,350   2.3434   2.0728
2040   158.58   93,527.24   13,750   39,552   2.4428   2.1608
2041   161.75   95,980.33   14,158   40,792   2.5465   2.2525
2042   164.99   98,497.50   14,580   42,076   2.6546   2.3481
2043   168.29   101,086.63   15,014   43,396   2.7672   2.4478
2044   171.65   103,745.10   15,459   44,752   2.8847   2.5517
2045   175.09   106,468.14   15,915   46,144   3.0071   2.6600
2046   178.59   109,268.85   16,384   47,575   3.1347   2.7728
2047   182.16   112,156.66   16,864   49,040   3.2677   2.8905
2048   185.80   115,127.15   17,355   50,541   3.4064   3.0132
2049   189.52   118,165.54   17,857   52,081   3.5510   3.1411
2050   193.31   121,279.10   18,370   53,658   3.7017   3.2744
2051   197.17   124,472.49   18,895   55,272   3.8588   3.4133
2052   201.12   127,745.79   19,431   56,923   4.0226   3.5582
2053   205.14   131,092.36   19,979   58,619   4.1933   3.7092
2054   209.24   134,514.62   20,541   60,361   4.3712   3.8666
2055   213.43   138,017.54   21,116   62,148   4.5568   4.0307
2056   217.70   141,603.35   21,705   63,984   4.7501   4.2018
2057   222.05   145,282.07   22,309   65,869   4.9517   4.3801
2058   226.49   149,058.59   22,927   67,804   5.1619   4.5660
2059   231.02   152,930.96   23,560   69,789   5.3810   4.7598
2060   235.64   156,890.98   24,207   71,831   5.6093   4.9618
2061   240.35   160,947.01   24,870   73,927   5.8474   5.1724
2062   245.16   165,090.48   25,547   76,081   6.0956   5.3919
2063   250.06   169,325.33   26,242   78,298   6.3542   5.6207
2064   255.07   173,648.61   26,953   80,577   6.6239   5.8593
2065   260.17   178,068.56   27,680   82,918   6.9050   6.1079
2066   265.37   182,583.33   28,425   85,325   7.1981   6.3672
2067   270.68   187,202.81   29,188   87,801   7.5036   6.6374
2068   276.09   191,934.93   29,972   90,347   7.8220   6.9191
2069   281.61   196,792.76   30,778   92,967   8.1540   7.2127
2070   287.25   201,776.47   31,605   95,660   8.5001   7.5188
2071   292.99   206,883.79   32,454   98,433   8.8608   7.8379
2072   298.85   212,115.70   33,328   101,288   9.2368   8.1706
2073   304.83   217,470.24   34,222   104,221   9.6289   8.5173
2074   310.92   222,950.80   35,138   107,240   10.0375   8.8788
2075   317.14   228,565.08   36,076   110,347   10.4635   9.2556
2076   323.49   234,308.50   37,035   113,538   10.9076   9.6484
2077   329.95   240,200.22   38,018   116,816   11.3705   10.0579
2078   336.55   246,242.22   39,025   120,183   11.8531   10.4848
2079   343.28   252,437.69   40,060   123,644   12.3561   10.9298
2080   350.15   258,790.36   41,122   127,202   12.8805   11.3936
2081   357.15   265,303.28   42,211   130,858   13.4271   11.8772
2082   364.30   271,977.87   43,329   134,612   13.9970   12.3812
2083   371.58   278,821.76   44,475   138,466   14.5910   12.9067
2084   379.01   285,847.02   45,651   142,423   15.2103   13.4544
2085   386.59   293,059.28   46,859   146,490   15.8558   14.0255
2086   394.33   300,468.87   48,100   150,669   16.5287   14.6207
2087   402.21   308,078.01   49,376   154,968   17.2302   15.2412
2088   410.26   315,884.41   50,685   159,384   17.9614   15.8880
2089   418.46   323,890.51   52,028   163,922   18.7237   16.5623
2090   426.83   332,099.81   53,406   168,587   19.5183   17.2652
2091   435.37   340,519.03   54,818   173,382   20.3467   17.9980
2092   444.08   349,162.33   56,268   178,308   21.2102   18.7618
2093   452.96   358,031.23   57,757   183,377   22.1104   19.5580
2094   462.02   367,125.94   59,286   188,590   23.0487   20.3881
2095   471.26   376,451.76   60,854   193,948   24.0269   21.2534
a CPI-W indexed to calendar year 2017. Historical values computed using the intermediate assumptions value for 2017.
b Total earnings subject to OASDI contribution rates, adjusted to reflect the lower effective contribution rates (compared to the combined employee-employer rate) that apply to multiple-employer "excess wages."
c For each alternative, incorporates the average of the assumed annual yield for special public-debt obligations issuable to the trust funds in the 12 months of the prior year.
d For each alternative, incorporates the annual effective yield for all outstanding special public-debt obligations held by the trust fund, with a half-year's interest effect in each row. The effective yield for a period equals total interest earned during the period divided by the total exposure to interest on asset reserves and all income and outgo items during the period. The reciprocals of the factors approximate the discounting/accumulation factors that are used to calculate summarized rates and balances in this report.