Table VI.G6.—Selected Economic Variables,
Calendar Years 1970-2100
[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 data:
1970		14.05		$6,186.24		$404		$1,073		0.0454		0.0366
1971		14.66		6,497.08		415		1,165		.0487		.0385
1972		15.17		7,133.80		471		1,279		.0517		.0406
1973		16.10		7,580.16		546		1,425		.0548		.0429
1974		17.87		8,030.76		620		1,545		.0585		.0454
1975		19.49		8,630.92		648		1,685		.0629		.0483
1976		20.61		9,226.48		719		1,873		.0677		.0515
1977		21.94		9,779.44		795		2,082		.0726		.0551
1978		23.63		10,556.03		895		2,352		.0778		.0590
1979		26.34		11,479.46		1,047		2,627		.0843		.0633
1980		29.87		12,513.46		1,151		2,857		.0922		.0684
1981		32.93		13,773.10		1,272		3,207		.1026		.0747
1982		34.91		14,531.34		1,341		3,344		.1168		.0826
1983		35.96		15,239.24		1,488		3,634		.1322		.0916
1984		37.22		16,135.07		1,597		4,038		.1471		.1019
1985		38.51		16,822.51		1,722		4,339		.1659		.1135
1986		39.13		17,321.82		1,841		4,580		.1843		.1261
1987		40.53		18,426.51		1,956		4,855		.1993		.1395
1988		42.15		19,334.04		2,090		5,236		.2164		.1534
1989		44.17		20,099.55		2,235		5,642		.2359		.1682
1990		46.48		21,027.98		2,356		5,963		.2568		.1841
1991		48.39		21,811.60		2,420		6,158		.2794		.2011
1992		49.79		22,935.42		2,529		6,520		.3021		.2190
1993		51.20		23,132.67		2,635		6,859		.3239		.2377
1994		52.46		23,753.53		2,780		7,287		.3438		.2572
1995		53.97		24,705.66		2,912		7,640		.3685		.2776
1996		55.52		25,913.90		3,064		8,073		.3943		.2991
1997		56.78		27,426.00		3,275		8,578		.4207		.3217
1998		57.54		28,861.44		3,516		9,063		.4489		.3454
1999		58.80		30,469.84		3,736		9,631		.4745		.3699
2000		60.85		32,154.82		3,992		10,251		.5027		.3954
2001		62.51		32,921.92		4,158		10,582		.5346		.4221
2002		63.37		33,252.09		4,238		10,929		.5629		.4496
2003		64.78		34,064.95		4,343		11,456		.5906		.4775
2004		66.47		35,648.55		4,540		12,217		.6149		.5054
2005		68.81		36,952.94		4,747		13,039		.6415		.5336
2006		71.01		38,651.41		5,023		13,816		.6694		.5623
2007		73.05		40,405.48		5,251		14,474		.7021		.5920
2008		76.04		41,334.97		5,413		14,770		.7352		.6227
2009		75.52		40,711.61		5,255		14,478		.7622		.6537
2010		77.09		41,673.83		5,290		15,049		.7846		.6848
2011		79.83		42,979.61		5,467		15,600		.8064		.7157
2012		81.50		44,321.67		5,688		16,254		.8260		.7461
2013		82.62		44,888.16		5,892		16,843		.8381		.7756
2014		83.86		46,481.52		6,160		17,551		.8538		.8042
2015		83.52		48,098.63		6,447		18,206		.8733		.8321
2016		84.33		48,642.15		6,638		18,695		.8911		.8592
2017		86.12		50,321.89		6,980		19,480		.9073		.8856
2018		88.32		52,145.80		7,304		20,527		.9284		.9117
2019		89.79		54,099.99		7,660		21,373		.9552		.9378
2020		90.88		55,628.60		7,725		20,894		.9765		.9633
Intermediate:
2021		95.66		58,743.07		8,223		22,989		.9862		.9879
2022		100.00		62,583.15		8,842		24,951		1.0000		1.0115
2023		102.33		65,571.72		9,310		26,194		1.0184		1.0340
2024		104.78		68,371.79		9,787		27,365		1.0417		1.0563
2025		107.30		71,147.65		10,244		28,538		1.0717		1.0792
2026		109.87		73,980.60		10,698		29,720		1.1078		1.1037
2027		112.51		76,857.74		11,171		30,944		1.1493		1.1306
2028		115.21		79,761.29		11,650		32,212		1.1964		1.1603
2029		117.98		82,702.63		12,145		33,546		1.2485		1.1931
2030		120.81		85,713.03		12,647		34,924		1.3055		1.2295
2031		123.71		88,836.46		13,169		36,355		1.3665		1.2703
2032		126.68		92,078.63		13,686		37,844		1.4314		1.3158
2033		129.72		95,444.95		14,221		39,396		1.4994		1.3669
2034		132.83		98,927.81		14,775		41,006		1.5707		1.4246
2035		136.02		102,530.83		15,347		42,674		1.6454		1.4887
2036		139.28		106,259.84		15,938		44,405		1.7237		1.5578
2037		142.62		110,113.11		16,542		46,182		1.8056		1.6309
2038		146.05		114,084.62		17,172		48,043		1.8915		1.7079
2039		149.55		118,189.29		17,821		49,967		1.9814		1.7888
2040		153.14		122,417.01		18,495		51,968		2.0756		1.8737
2041		156.82		126,768.63		19,193		54,040		2.1743		1.9626
2042		160.58		131,257.93		19,918		56,197		2.2777		2.0559
2043		164.43		135,889.99		20,674		58,444		2.3860		2.1537
2044		168.38		140,663.77		21,458		60,781		2.4995		2.2561
2045		172.42		145,582.26		22,277		63,220		2.6184		2.3633
2046		176.56		150,652.54		23,130		65,762		2.7429		2.4757
2047		180.80		155,912.52		24,017		68,408		2.8733		2.5934
2048		185.14		161,366.36		24,947		71,177		3.0099		2.7168
2049		189.58		167,023.78		25,915		74,063		3.1531		2.8460
2050		194.13		172,887.64		26,928		77,080		3.3030		2.9813
2051		198.79		178,973.64		27,983		80,223		3.4601		3.1231
2052		203.56		185,284.11		29,081		83,497		3.6246		3.2716
2053		208.45		191,828.58		30,224		86,908		3.7969		3.4271
2054		213.45		198,608.62		31,414		90,460		3.9775		3.5901
2055		218.57		205,634.94		32,655		94,163		4.1666		3.7608
2056		223.82		212,918.74		33,949		98,021		4.3648		3.9397
2057		229.19		220,473.62		35,297		102,041		4.5723		4.1270
2058		234.69		228,312.94		36,699		106,226		4.7897		4.3232
2059		240.32		236,443.71		38,156		110,577		5.0175		4.5288
2060		246.09		244,870.78		39,669		115,104		5.2561		4.7442
2061		252.00		253,605.29		41,239		119,807		5.5060		4.9698
2062		258.04		262,653.35		42,870		124,699		5.7679		5.2061
2063		264.24		272,022.26		44,563		129,778		6.0421		5.4536
2064		270.58		281,723.51		46,319		135,054		6.3294		5.7130
2065		277.07		291,767.28		48,142		140,533		6.6304		5.9846
2066		283.72		302,159.80		50,034		146,226		6.9457		6.2692
2067		290.53		312,919.41		51,998		152,140		7.2760		6.5673
2068		297.50		324,057.93		54,036		158,286		7.6220		6.8796
2069		304.64		335,599.50		56,149		164,659		7.9844		7.2068
2070		311.95		347,552.77		58,341		171,276		8.3641		7.5495
2071		319.44		359,926.78		60,618		178,155		8.7618		7.9085
2072		327.11		372,733.66		62,987		185,309		9.1785		8.2845
2073		334.96		385,983.26		65,453		192,763		9.6149		8.6785
2074		343.00		399,688.49		68,024		200,546		10.0721		9.0911
2075		351.23		413,851.91		70,697		208,657		10.5511		9.5234
2076		359.66		428,501.17		73,478		217,110		11.0528		9.9763
2077		368.29		443,668.49		76,372		225,915		11.5784		10.4507
2078		377.13		459,361.06		79,394		235,113		12.1290		10.9476
2079		386.18		475,596.53		82,547		244,718		12.7057		11.4682
2080		395.45		492,391.60		85,839		254,750		13.3099		12.0136
2081		404.94		509,773.13		89,271		265,224		13.9428		12.5848
2082		414.66		527,738.86		92,850		276,164		14.6058		13.1833
2083		424.61		546,319.08		96,588		287,608		15.3004		13.8102
2084		434.80		565,556.50		100,482		299,544		16.0279		14.4669
2085		445.24		585,488.00		104,553		312,022		16.7901		15.1548
2086		455.92		606,162.43		108,797		325,031		17.5885		15.8754
2087		466.86		627,579.00		113,228		338,604		18.4249		16.6303
2088		478.07		649,769.91		117,850		352,754		19.3010		17.4211
2089		489.54		672,767.58		122,667		367,498		20.2188		18.2496
2090		501.29		696,610.41		127,694		382,873		21.1803		19.1174
2091		513.32		721,329.47		132,927		398,869		22.1874		20.0264
2092		525.64		746,970.80		138,373		415,508		23.2425		20.9787
2093		538.26		773,564.13		144,039		432,814		24.3477		21.9763
2094		551.18		801,147.84		149,931		450,799		25.5055		23.0213
2095		564.40		829,710.10		156,054		469,505		26.7183		24.1160
2096		577.95		859,294.77		162,409		488,931		27.9888		25.2628
2097		591.82		889,998.72		169,018		509,115		29.3198		26.4641
2098		606.03		921,610.78		175,842		530,077		30.7140		27.7225
2099		620.57		954,348.72		182,926		551,856		32.1745		29.0408
2100		635.46		988,243.75		190,275		574,472		33.7044		30.4217
Low-cost:
2021		95.12		58,757.18		8,225		22,995		.9862		.9879
2022		100.00		62,852.52		8,923		25,233		1.0000		1.0116
2023		103.00		67,130.25		9,581		27,035		1.0245		1.0348
2024		106.09		70,999.01		10,229		28,626		1.0602		1.0589
2025		109.28		74,558.14		10,889		30,230		1.1020		1.0847
2026		112.55		78,330.86		11,563		31,899		1.1508		1.1131
2027		115.93		82,316.43		12,260		33,650		1.2065		1.1451
2028		119.41		86,451.88		12,984		35,487		1.2693		1.1812
2029		122.99		90,722.28		13,747		37,432		1.3387		1.2221
2030		126.68		95,162.12		14,541		39,469		1.4146		1.2682
2031		130.48		99,831.80		15,379		41,603		1.4970		1.3203
2032		134.40		104,729.84		16,192		43,854		1.5851		1.3786
2033		138.43		109,872.63		17,048		46,230		1.6783		1.4435
2034		142.58		115,260.75		17,943		48,724		1.7771		1.5156
2035		146.86		120,904.37		18,881		51,340		1.8817		1.5948
2036		151.26		126,815.28		19,864		54,089		1.9924		1.6816
2037		155.80		132,992.54		20,886		56,955		2.1096		1.7764
2038		160.47		139,431.36		21,965		59,993		2.2337		1.8789
2039		165.29		146,150.92		23,097		63,184		2.3652		1.9883
2040		170.25		153,141.65		24,290		66,552		2.5043		2.1043
2041		175.36		160,420.96		25,548		70,100		2.6517		2.2274
2042		180.62		168,025.78		26,879		73,854		2.8077		2.3579
2043		186.03		175,969.24		28,288		77,829		2.9729		2.4962
2044		191.62		184,259.17		29,776		82,026		3.1478		2.6429
2045		197.36		192,907.89		31,351		86,469		3.3331		2.7984
2046		203.28		201,943.39		33,019		91,170		3.5292		2.9631
2047		209.38		211,433.63		34,783		96,141		3.7368		3.1374
2048		215.66		221,395.24		36,657		101,411		3.9567		3.3220
2049		222.13		231,853.68		38,638		106,985		4.1895		3.5175
2050		228.80		242,825.70		40,738		112,884		4.4360		3.7245
2051		235.66		254,347.72		42,956		119,112		4.6971		3.9436
2052		242.73		266,438.05		45,298		125,691		4.9734		4.1757
2053		250.01		279,125.92		47,772		132,636		5.2661		4.4214
2054		257.52		292,430.40		50,386		139,967		5.5759		4.6815
2055		265.24		306,381.76		53,146		147,707		5.9040		4.9570
2056		273.20		321,018.51		56,063		155,875		6.2514		5.2487
2057		281.39		336,380.60		59,144		164,492		6.6192		5.5575
2058		289.84		352,505.96		62,391		173,574		7.0087		5.8845
2059		298.53		369,424.07		65,811		183,141		7.4211		6.2307
2060		307.49		387,161.85		69,415		193,224		7.8578		6.5973
2061		316.71		405,758.50		73,210		203,838		8.3201		6.9855
2062		326.21		425,246.53		77,206		215,018		8.8097		7.3966
2063		336.00		445,662.52		81,416		226,790		9.3280		7.8318
2064		346.08		467,047.76		85,852		239,193		9.8769		8.2926
2065		356.46		489,443.85		90,524		252,250		10.4580		8.7805
2066		367.15		512,893.30		95,447		266,002		11.0734		9.2972
2067		378.17		537,454.87		100,640		280,505		11.7250		9.8442
2068		389.51		563,178.36		106,110		295,777		12.4149		10.4235
2069		401.20		590,135.00		111,870		311,847		13.1453		11.0368
2070		413.24		618,371.03		117,944		328,790		13.9188		11.6862
2071		425.63		647,937.55		124,360		346,670		14.7378		12.3738
2072		438.40		678,896.50		131,136		365,537		15.6050		13.1019
2073		451.55		711,301.17		138,297		385,463		16.5232		13.8728
2074		465.10		745,212.27		145,876		406,555		17.4954		14.6891
2075		479.05		780,679.71		153,886		428,864		18.5248		15.5534
2076		493.43		817,800.92		162,351		452,442		19.6148		16.4685
2077		508.23		856,679.66		171,299		477,359		20.7690		17.4375
2078		523.48		897,386.05		180,788		503,770		21.9910		18.4636
2079		539.18		940,015.71		190,844		531,743		23.2850		19.5499
2080		555.35		984,656.78		201,498		561,361		24.6550		20.7003
2081		572.02		1,031,405.76		212,778		592,726		26.1057		21.9183
2082		589.18		1,080,314.47		224,728		625,960		27.6418		23.2079
2083		606.85		1,131,507.62		237,388		661,179		29.2682		24.5735
2084		625.06		1,185,138.08		250,766		698,391		30.9904		26.0194
2085		643.81		1,241,352.70		264,935		737,780		32.8139		27.5504
2086		663.12		1,300,311.86		279,923		779,401		34.7446		29.1714
2087		683.02		1,362,091.45		295,771		823,358		36.7890		30.8879
2088		703.51		1,426,844.65		312,517		869,759		38.9537		32.7053
2089		724.61		1,494,724.11		330,215		918,737		41.2457		34.6297
2090		746.35		1,565,910.51		348,909		970,403		43.6726		36.6673
2091		768.74		1,640,579.04		368,623		1,024,821		46.2423		38.8248
2092		791.80		1,718,917.61		389,403		1,082,112		48.9632		41.1093
2093		815.56		1,801,097.55		411,313		1,142,448		51.8442		43.5282
2094		840.02		1,887,313.08		434,411		1,205,971		54.8947		46.0894
2095		865.22		1,977,646.95		458,723		1,272,813		58.1247		48.8013
2096		891.18		2,072,308.80		484,327		1,343,177		61.5448		51.6727
2097		917.92		2,171,265.50		511,244		1,417,264		65.1661		54.7131
2098		945.45		2,274,887.72		539,571		1,495,246		69.0004		57.9325
2099		973.82		2,383,462.57		569,409		1,577,371		73.0604		61.3412
2100		1,003.03		2,497,177.10		600,836		1,663,845		77.3593		64.9505
High-cost:
2021		96.23		58,728.91		8,221		22,983		.9862		.9879
2022		100.00		61,441.05		8,565		24,002		1.0000		1.0114
2023		101.02		62,461.55		8,666		24,349		1.0112		1.0334
2024		102.56		64,422.99		9,035		25,296		1.0231		1.0546
2025		104.40		66,330.90		9,348		26,204		1.0453		1.0757
2026		106.28		68,361.44		9,669		27,076		1.0731		1.0974
2027		108.19		70,254.36		9,963		27,880		1.1049		1.1203
2028		110.14		72,021.11		10,236		28,655		1.1397		1.1446
2029		112.12		73,775.14		10,509		29,466		1.1769		1.1700
2030		114.14		75,544.17		10,773		30,293		1.2176		1.1969
2031		116.19		77,352.07		11,043		31,140		1.2619		1.2260
2032		118.29		79,206.55		11,327		32,011		1.3078		1.2635
2033		120.41		81,115.58		11,619		32,913		1.3553		1.3093
2034		122.58		83,065.23		11,917		33,836		1.4045		1.3569
2035		124.79		85,056.13		12,219		34,779		1.4555		1.4061
2036		127.03		87,093.46		12,529		35,746		1.5084		1.4572
2037		129.32		89,176.96		12,836		36,718		1.5632		1.5101
2038		131.65		91,302.58		13,152		37,722		1.6199		1.5650
2039		134.02		93,484.70		13,470		38,738		1.6788		1.6218
2040		136.43		95,717.67		13,794		39,776		1.7398		1.6808
2041		138.89		97,992.33		14,120		40,823		1.8030		1.7418
2042		141.39		100,307.99		14,450		41,888		1.8685		1.8051
2043		143.93		102,667.07		14,787		42,974		1.9363		1.8706
2044		146.52		105,065.83		15,128		44,078		2.0067		1.9386
2045		149.16		107,504.03		15,476		45,209		2.0795		2.0090
2046		151.85		109,978.36		15,832		46,364		2.1551		2.0820
2047		154.58		112,509.10		16,193		47,540		2.2334		2.1576
2048		157.36		115,095.80		16,566		48,751		2.3145		2.2360
2049		160.19		117,744.12		16,947		49,991		2.3986		2.3172
2050		163.08		120,453.15		17,338		51,266		2.4857		2.4014
2051		166.01		123,230.18		17,739		52,572		2.5760		2.4886
2052		169.00		126,073.97		18,148		53,909		2.6695		2.5790
2053		172.04		128,987.61		18,567		55,282		2.7665		2.6727
2054		175.14		131,968.17		18,998		56,692		2.8670		2.7698
2055		178.29		135,019.52		19,441		58,144		2.9711		2.8704
2056		181.50		138,143.35		19,897		59,636		3.0791		2.9746
2057		184.77		141,342.99		20,365		61,169		3.1909		3.0827
2058		188.09		144,624.28		20,845		62,743		3.3068		3.1947
2059		191.48		147,988.47		21,336		64,356		3.4269		3.3107
2060		194.93		151,435.04		21,836		66,006		3.5514		3.4310
2061		198.43		154,966.86		22,346		67,691		3.6804		3.5556
2062		202.01		158,583.64		22,867		69,420		3.8141		3.6847
2063		205.64		162,284.92		23,399		71,187		3.9526		3.8186
2064		209.34		166,074.22		23,941		72,990		4.0962		3.9573
2065		213.11		169,953.30		24,492		74,832		4.2450		4.1010
2066		216.95		173,919.06		25,054		76,713		4.3992		4.2500
2067		220.85		177,976.44		25,626		78,632		4.5590		4.4044
2068		224.83		182,128.11		26,208		80,591		4.7246		4.5644
2069		228.88		186,383.51		26,799		82,586		4.8962		4.7302
2070		233.00		190,743.00		27,398		84,615		5.0741		4.9020
2071		237.19		195,205.38		28,006		86,677		5.2584		5.0800
2072		241.46		199,770.40		28,626		88,786		5.4494		5.2646
2073		245.81		204,439.36		29,262		90,949		5.6473		5.4558
2074		250.23		209,213.87		29,910		93,165		5.8525		5.6540
2075		254.73		214,087.58		30,570		95,432		6.0651		5.8594
2076		259.32		219,068.04		31,242		97,752		6.2854		6.0722
2077		263.99		224,167.69		31,926		100,118		6.5137		6.2928
2078		268.74		229,381.37		32,626		102,545		6.7503		6.5213
2079		273.58		234,707.88		33,343		105,037		6.9955		6.7582
2080		278.50		240,146.72		34,077		107,594		7.2496		7.0037
2081		283.51		245,708.55		34,829		110,219		7.5129		7.2581
2082		288.62		251,387.32		35,599		112,914		7.7858		7.5217
2083		293.81		257,189.40		36,390		115,695		8.0686		7.7950
2084		299.10		263,127.02		37,200		118,549		8.3617		8.0781
2085		304.48		269,209.78		38,036		121,494		8.6654		8.3715
2086		309.96		275,456.08		38,895		124,522		8.9802		8.6756
2087		315.54		281,859.72		39,779		127,634		9.3064		8.9908
2088		321.22		288,423.87		40,690		130,839		9.6444		9.3173
2089		327.01		295,152.58		41,625		134,128		9.9948		9.6558
2090		332.89		302,052.35		42,586		137,507		10.3578		10.0065
2091		338.88		309,121.81		43,574		140,976		10.7341		10.3700
2092		344.98		316,371.70		44,588		144,537		11.1240		10.7467
2093		351.19		323,804.62		45,631		148,195		11.5280		11.1370
2094		357.52		331,426.69		46,700		151,944		11.9468		11.5416
2095		363.95		339,224.29		47,795		155,792		12.3807		11.9608
2096		370.50		347,205.52		48,915		159,734		12.8304		12.3953
2097		377.17		355,463.97		50,073		163,776		13.2965		12.8455
2098		383.96		363,779.24		51,238		167,915		13.7795		13.3121
2099		390.87		372,289.19		52,429		172,153		14.2800		13.7957
2100		397.91		380,998.63		53,643		176,484		14.7987		14.2968

---

a CPI-W indexed to calendar year 2022. Historical values computed using the intermediate assumptions value for 2022. 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 cost 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.