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Selected Economic Variables

Updated May 1, 2006

Intermediate Assumptions Low Cost Assumptions High Cost Assumptions

Table VI.F6.- Selected Economic Variables
Calendar Years 2005-80

[GDP and taxable payroll in billions]

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

Intermediate:
2005   97.19   $37,197.43   $4,754   $12,485   0.9527
2006   100.00   38,695.99   5,028   13,191   1.0000
2007   102.28   40,375.23   5,302   13,886   1.0528
2008   104.94   42,112.24   5,585   14,620   1.1132
2009   107.86   43,916.42   5,875   15,366   1.1795
2010   110.89   45,798.28   6,173   16,141   1.2498
2011   114.00   47,707.59   6,475   16,937   1.3242
2012   117.20   49,695.49   6,775   17,748   1.4014
2013   120.47   51,632.49   7,069   18,544   1.4832
2014   123.85   53,603.73   7,379   19,378   1.5690
2015   127.31   55,677.10   7,706   20,274   1.6599
2016   130.87   57,822.86   8,049   21,216   1.7558
2017   134.54   60,097.59   8,404   22,190   1.8574
2018   138.31   62,410.28   8,773   23,204   1.9647
2019   142.18   64,780.86   9,156   24,262   2.0783
2020   146.16   67,207.92   9,556   25,369   2.1985
2021   150.25   69,765.93   9,967   26,507   2.3256
2022   154.46   72,552.25   10,395   27,696   2.4600
2023   158.78   75,372.11   10,836   28,926   2.6022
2024   163.23   78,337.43   11,297   30,211   2.7527
2025   167.80   81,352.86   11,770   31,536   2.9118
2026   172.50   84,430.32   12,263   32,918   3.0802
2027   177.33   87,755.70   12,778   34,362   3.2582
2028   182.29   91,189.92   13,317   35,879   3.4466
2029   187.40   94,796.13   13,881   37,466   3.6458
2030   192.64   98,468.99   14,463   39,112   3.8566
2031   198.04   102,231.42   15,071   40,829   4.0796
2032   203.58   106,273.37   15,708   42,634   4.3154
2033   209.28   110,455.71   16,378   44,535   4.5649
2034   215.14   114,848.65   17,080   46,526   4.8288
2035   221.17   119,326.16   17,807   48,593   5.1080
2036   227.36   123,930.01   18,561   50,739   5.4033
2037   233.73   128,826.00   19,349   52,988   5.7156
2038   240.27   133,902.86   20,179   55,358   6.0461
2039   247.00   139,245.84   21,047   57,840   6.3956
2040   253.91   144,701.05   21,948   60,423   6.7654
2041   261.02   150,286.96   22,886   63,115   7.1565
2042   268.33   156,177.75   23,867   65,936   7.5702
2043   275.85   162,322.29   24,893   68,891   8.0079
2044   283.57   168,811.03   25,960   71,971   8.4708
2045   291.51   175,442.24   27,067   75,174   8.9605
2046   299.67   182,222.03   28,214   78,501   9.4785
2047   308.06   189,335.41   29,408   81,972   10.0265
2048   316.69   196,735.70   30,655   85,600   10.6062
2049   325.56   204,539.71   31,953   89,387   11.2193
2050   334.67   212,549.47   33,302   93,329   11.8679
2051   344.04   220,744.53   34,701   97,429   12.5541
2052   353.67   229,317.78   36,159   101,707   13.2798
2053   363.58   238,245.67   37,682   106,185   14.0476
2054   373.76   247,684.40   39,273   110,872   14.8597
2055   384.22   257,395.55   40,927   115,752   15.7188
2056   394.98   267,346.00   42,645   120,832   16.6275
2057   406.04   277,745.11   44,440   126,147   17.5888
2058   417.41   288,558.12   46,312   131,704   18.6056
2059   429.10   299,948.65   48,259   137,497   19.6812
2060   441.11   311,720.91   50,285   143,534   20.8190
2061   453.46   323,813.04   52,395   149,833   22.0226
2062   466.16   336,410.20   54,595   156,413   23.2958
2063   479.21   349,507.88   56,892   163,296   24.6426
2064   492.63   363,267.94   59,291   170,498   26.0672
2065   506.42   377,517.46   61,791   178,018   27.5742
2066   520.60   392,247.66   64,389   185,849   29.1683
2067   535.18   407,548.49   67,080   193,975   30.8546
2068   550.17   423,469.02   69,882   202,456   32.6384
2069   565.57   440,062.94   72,818   211,356   34.5253
2070   581.41   457,258.39   75,880   220,656   36.5212
2071   597.69   475,141.43   79,074   230,375   38.6326
2072   614.42   493,703.85   82,406   240,532   40.8660
2073   631.63   512,997.65   85,869   251,111   43.2286
2074   649.31   533,052.06   89,475   262,148   45.7277
2075   667.49   553,902.85   93,235   273,678   48.3713
2076   686.18   575,569.95   97,145   285,694   51.1678
2077   705.39   598,074.55   101,219   298,238   54.1259
2078   725.15   621,447.05   105,463   311,328   57.2550
2079   745.45   645,727.17   109,885   324,993   60.5650
2080   766.32   670,953.75   114,488   339,249   64.0664

Low Cost:
2005   97.35   37,207.16   4,756   12,492   .9539
2006   100.00   38,717.74   5,043   13,226   1.0000
2007   101.93   40,294.22   5,316   13,898   1.0487
2008   103.75   41,843.44   5,592   14,584   1.1037
2009   105.63   43,431.83   5,874   15,281   1.1649
2010   107.54   45,075.49   6,161   15,995   1.2298
2011   109.47   46,758.63   6,456   16,749   1.2997
2012   111.44   48,513.49   6,753   17,523   1.3737
2013   113.45   50,208.20   7,049   18,290   1.4494
2014   115.48   51,920.30   7,351   19,075   1.5284
2015   117.56   53,679.86   7,659   19,874   1.6116
2016   119.68   55,471.64   7,971   20,704   1.6997
2017   121.83   57,367.82   8,292   21,557   1.7926
2018   124.02   59,281.79   8,624   22,441   1.8906
2019   126.26   61,237.86   8,967   23,357   1.9939
2020   128.53   63,241.93   9,324   24,310   2.1028
2021   130.84   65,329.84   9,689   25,286   2.2178
2022   133.20   67,602.73   10,068   26,302   2.3389
2023   135.60   69,877.29   10,458   27,347   2.4668
2024   138.04   72,266.99   10,864   28,436   2.6016
2025   140.52   74,684.59   11,280   29,555   2.7437
2026   143.05   77,131.91   11,713   30,719   2.8937
2027   145.62   79,764.24   12,164   31,933   3.0518
2028   148.25   82,466.16   12,636   33,206   3.2186
2029   150.91   85,274.84   13,129   34,535   3.3945
2030   153.63   88,136.78   13,637   35,906   3.5800
2031   156.40   91,053.73   14,167   37,338   3.7756
2032   159.21   94,174.19   14,724   38,843   3.9819
2033   162.08   97,384.95   15,310   40,427   4.1996
2034   164.99   100,724.34   15,922   42,083   4.4290
2035   167.96   104,133.07   16,559   43,802   4.6711
2036   170.99   107,632.43   17,220   45,592   4.9264
2037   174.07   111,329.46   17,914   47,470   5.1956
2038   177.20   115,140.11   18,642   49,440   5.4795
2039   180.39   119,113.49   19,405   51,507   5.7789
2040   183.64   123,172.28   20,198   53,656   6.0947
2041   186.94   127,321.21   21,023   55,896   6.4278
2042   190.31   131,663.92   21,887   58,239   6.7791
2043   193.73   136,178.85   22,788   60,688   7.1495
2044   197.22   140,892.63   23,728   63,243   7.5403
2045   200.77   145,707.16   24,703   65,897   7.9523
2046   204.38   150,624.24   25,716   68,656   8.3869
2047   208.06   155,741.93   26,772   71,535   8.8452
2048   211.81   161,053.28   27,874   74,543   9.3286
2049   215.62   166,599.52   29,024   77,683   9.8384
2050   219.50   172,282.35   30,220   80,951   10.3760
2051   223.45   178,110.84   31,463   84,351   10.9431
2052   227.47   184,175.68   32,761   87,903   11.5411
2053   231.57   190,466.84   34,115   91,611   12.1718
2054   235.74   197,037.60   35,526   95,481   12.8369
2055   239.98   203,785.66   36,995   99,512   13.5384
2056   244.30   210,707.13   38,523   103,707   14.2783
2057   248.70   217,895.43   40,118   108,091   15.0586
2058   253.17   225,342.95   41,783   112,671   15.8815
2059   257.73   233,093.98   43,518   117,447   16.7494
2060   262.37   241,084.38   45,325   122,427   17.6647
2061   267.09   249,298.99   47,208   127,618   18.6300
2062   271.90   257,808.66   49,175   133,046   19.6481
2063   276.79   266,618.08   51,231   138,725   20.7219
2064   281.78   275,770.14   53,379   144,664   21.8543
2065   286.85   285,231.67   55,620   150,864   23.0486
2066   292.01   295,005.30   57,954   157,327   24.3081
2067   297.27   305,103.03   60,377   164,043   25.6365
2068   302.62   315,560.59   62,904   171,053   27.0375
2069   308.06   326,361.41   65,550   178,397   28.5150
2070   313.61   337,524.44   68,310   186,069   30.0733
2071   319.25   349,100.05   71,186   194,067   31.7168
2072   325.00   361,064.77   74,183   202,408   33.4500
2073   330.85   373,438.43   77,304   211,105   35.2780
2074   336.81   386,234.31   80,556   220,174   37.2059
2075   342.87   399,474.46   83,944   229,632   39.2391
2076   349.04   413,164.48   87,472   239,488   41.3835
2077   355.32   427,317.97   91,145   249,759   43.6450
2078   361.72   441,949.76   94,969   260,463   46.0301
2079   368.23   457,075.22   98,950   271,618   48.5456
2080   374.86   472,712.26   103,094   283,241   51.1985

High Cost:
2005   96.71   37,138.78   4,746   12,458   .9596
2006   100.00   37,968.14   4,911   12,828   1.0000
2007   102.72   39,792.92   5,158   13,501   1.0543
2008   105.61   41,576.39   5,418   14,252   1.1179
2009   110.25   43,136.48   5,660   14,855   1.1899
2010   116.55   46,029.79   6,022   15,901   1.2900
2011   123.02   49,405.86   6,480   17,315   1.4080
2012   128.79   52,179.65   6,888   18,439   1.5132
2013   133.85   54,531.83   7,255   19,390   1.6082
2014   138.93   56,892.43   7,619   20,389   1.7048
2015   144.21   59,333.06   7,989   21,456   1.8064
2016   149.69   61,919.95   8,379   22,562   1.9144
2017   155.38   64,671.67   8,786   23,719   2.0289
2018   161.29   67,497.06   9,209   24,928   2.1503
2019   167.42   70,403.97   9,653   26,198   2.2788
2020   173.78   73,390.05   10,119   27,536   2.4151
2021   180.38   76,561.51   10,600   28,923   2.5595
2022   187.24   80,017.32   11,103   30,378   2.7126
2023   194.35   83,554.52   11,624   31,888   2.8748
2024   201.74   87,279.97   12,171   33,477   3.0467
2025   209.40   91,089.22   12,735   35,124   3.2289
2026   217.36   95,009.96   13,324   36,846   3.4220
2027   225.62   99,257.29   13,941   38,660   3.6266
2028   234.19   103,673.59   14,590   40,570   3.8434
2029   243.09   108,325.15   15,269   42,572   4.0733
2030   252.33   113,110.09   15,969   44,645   4.3168
2031   261.92   118,013.30   16,697   46,810   4.5750
2032   271.87   123,299.98   17,462   49,087   4.8486
2033   282.20   128,806.33   18,267   51,492   5.1385
2034   292.93   134,608.89   19,112   54,019   5.4458
2035   304.06   140,585.94   19,989   56,647   5.7714
2036   315.61   146,720.29   20,898   59,381   6.1165
2037   327.60   153,277.60   21,848   62,248   6.4823
2038   340.05   160,111.03   22,844   65,262   6.8699
2039   352.98   167,332.39   23,883   68,412   7.2807
2040   366.39   174,789.75   24,962   71,695   7.7161
2041   380.31   182,402.95   26,087   75,128   8.1775
2042   394.76   190,475.08   27,266   78,736   8.6665
2043   409.76   198,931.05   28,495   82,508   9.1847
2044   425.33   207,906.34   29,774   86,447   9.7340
2045   441.50   217,185.28   31,099   90,543   10.3160
2046   458.27   226,639.80   32,469   94,793   10.9329
2047   475.69   236,621.61   33,891   99,218   11.5867
2048   493.76   247,043.59   35,371   103,842   12.2796
2049   512.53   258,086.44   36,917   108,684   13.0138
2050   532.00   269,556.63   38,523   113,732   13.7920
2051   552.22   281,221.13   40,192   118,995   14.6168
2052   573.20   293,496.51   41,935   124,504   15.4908
2053   594.99   306,330.07   43,750   130,265   16.4172
2054   617.60   319,957.52   45,640   136,282   17.3989
2055   641.06   334,166.86   47,605   142,554   18.4393
2056   665.42   348,625.69   49,640   149,072   19.5419
2057   690.71   363,824.41   51,760   155,883   20.7105
2058   716.96   379,702.17   53,967   162,998   21.9489
2059   744.20   396,509.52   56,269   170,441   23.2614
2060   772.48   414,095.73   58,668   178,219   24.6524
2061   801.84   432,074.19   61,155   186,305   26.1266
2062   832.31   450,922.40   63,742   194,745   27.6889
2063   863.93   470,587.68   66,442   203,580   29.3447
2064   896.76   491,320.81   69,236   212,755   31.0994
2065   930.84   513,006.08   72,131   222,292   32.9591
2066   966.21   535,421.68   75,164   232,311   34.9300
2067   1,002.93   558,839.53   78,301   242,705   37.0187
2068   1,041.04   583,318.12   81,574   253,582   39.2324
2069   1,080.60   608,921.60   85,006   265,018   41.5784
2070   1,121.66   635,745.68   88,572   276,940   44.0647
2071   1,164.29   663,618.95   92,284   289,384   46.6997
2072   1,208.53   692,693.81   96,147   302,374   49.4922
2073   1,254.45   723,061.41   100,161   315,909   52.4517
2074   1,302.12   754,739.66   104,334   330,031   55.5883
2075   1,351.60   787,844.86   108,662   344,722   58.9123
2076   1,402.96   822,421.54   113,169   360,065   62.4352
2077   1,456.28   858,527.35   117,859   376,078   66.1687
2078   1,511.61   896,216.91   122,752   392,829   70.1254
2079   1,569.05   935,522.95   127,871   410,402   74.3188
2080   1,628.68   976,583.40   133,194   428,728   78.7629

1 The adjusted CPI is the CPI-W indexed to calendar year 2006.
2 The 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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