A SUMMARY OF THE 2024 ANNUAL REPORTS
Social Security and Medicare Boards of Trustees
The following table presents the plot points for the data in Chart B—Social Security and Medicare Costs as a Percentage of GDP on a calendar year basis, for the historical period (1970 - 2023) and the projection period (2024 - 2098 ),under the intermediate assumptions.
Plot points for Chart B Year OASI + DI HI + SMI 1970 3.08% 0.71% 1971 3.31% 0.73% 1972 3.38% 0.73% 1973 3.73% 0.76% 1974 3.92% 0.87% 1975 4.11% 0.98% 1976 4.18% 1.05% 1977 4.19% 1.10% 1978 4.08% 1.14% 1979 4.08% 1.19% 1980 4.32% 1.31% 1981 4.50% 1.40% 1982 4.79% 1.57% 1983 4.71% 1.63% 1984 4.47% 1.65% 1985 4.39% 1.66% 1986 4.40% 1.69% 1987 4.31% 1.73% 1988 4.25% 1.70% 1989 4.19% 1.79% 1990 4.24% 1.86% 1991 4.45% 1.97% 1992 4.48% 2.09% 1993 4.50% 2.20% 1994 4.43% 2.31% 1995 4.45% 2.42% 1996 4.38% 2.47% 1997 4.30% 2.46% 1998 4.22% 2.32% 1999 4.08% 2.22% 2000 4.05% 2.19% 2001 4.15% 2.34% 2002 4.22% 2.43% 2003 4.18% 2.48% 2004 4.11% 2.56% 2005 4.06% 2.62% 2006 4.02% 2.99% 2007 4.11% 3.07% 2008 4.23% 3.14% 2009 4.74% 3.48% 2010 4.73% 3.48% 2011 4.72% 3.52% 2012 4.83% 3.52% 2013 4.87% 3.50% 2014 4.88% 3.51% 2015 4.90% 3.55% 2016 4.90% 3.60% 2017 4.86% 3.61% 2018 4.84% 3.64% 2019 4.92% 3.74% 2020 5.19% 3.92% 2021 4.85% 3.80% 2022 4.83% 3.70% 2023 5.09% 3.76% 2024 5.18% 3.83% 2025 5.30% 3.90% 2026 5.38% 4.06% 2027 5.45% 4.24% 2028 5.50% 4.34% 2029 5.54% 4.52% 2030 5.59% 4.64% 2031 5.64% 4.77% 2032 5.68% 4.91% 2033 5.71% 5.09% 2034 5.75% 5.20% 2035 5.78% 5.30% 2036 5.81% 5.40% 2037 5.83% 5.47% 2038 5.85% 5.54% 2039 5.87% 5.60% 2040 5.88% 5.65% 2041 5.90% 5.69% 2042 5.91% 5.73% 2043 5.91% 5.76% 2044 5.92% 5.78% 2045 5.92% 5.81% 2046 5.92% 5.83% 2047 5.92% 5.84% 2048 5.93% 5.85% 2049 5.94% 5.85% 2050 5.94% 5.86% 2051 5.95% 5.87% 2052 5.97% 5.88% 2053 5.98% 5.89% 2054 5.99% 5.91% 2055 6.01% 5.93% 2056 6.03% 5.95% 2057 6.05% 5.97% 2058 6.08% 5.98% 2059 6.10% 6.00% 2060 6.12% 6.02% 2061 6.14% 6.04% 2062 6.16% 6.05% 2063 6.17% 6.07% 2064 6.19% 6.09% 2065 6.20% 6.12% 2066 6.22% 6.13% 2067 6.23% 6.15% 2068 6.25% 6.17% 2069 6.26% 6.19% 2070 6.28% 6.20% 2071 6.29% 6.22% 2072 6.31% 6.24% 2073 6.32% 6.25% 2074 6.34% 6.27% 2075 6.35% 6.28% 2076 6.35% 6.29% 2077 6.36% 6.29% 2078 6.36% 6.30% 2079 6.36% 6.31% 2080 6.35% 6.31% 2081 6.34% 6.31% 2082 6.33% 6.31% 2083 6.32% 6.31% 2084 6.30% 6.31% 2085 6.28% 6.30% 2086 6.26% 6.29% 2087 6.23% 6.28% 2088 6.21% 6.27% 2089 6.18% 6.26% 2090 6.16% 6.24% 2091 6.14% 6.23% 2092 6.12% 6.23% 2093 6.11% 6.22% 2094 6.10% 6.21% 2095 6.09% 6.21% 2096 6.09% 6.21% 2097 6.09% 6.20% 2098 6.10% 6.20%
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| Actuarial Publications Last reviewed or modified 4/23/2024 |