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		12.69		$6,186.24		$404		$1,073		0.0423		0.0350
1971		13.24		6,497.08		415		1,165		.0454		.0368
1972		13.70		7,133.80		471		1,279		.0482		.0387
1973		14.54		7,580.16		546		1,425		.0511		.0409
1974		16.14		8,030.76		620		1,545		.0545		.0433
1975		17.60		8,630.92		648		1,685		.0587		.0461
1976		18.61		9,226.48		719		1,873		.0631		.0492
1977		19.81		9,779.44		795		2,082		.0677		.0526
1978		21.34		10,556.03		895		2,352		.0726		.0563
1979		23.78		11,479.46		1,047		2,627		.0786		.0604
1980		26.97		12,513.46		1,151		2,857		.0859		.0653
1981		29.74		13,773.10		1,272		3,207		.0957		.0713
1982		31.53		14,531.34		1,341		3,344		.1088		.0788
1983		32.47		15,239.24		1,488		3,634		.1232		.0874
1984		33.61		16,135.07		1,597		4,038		.1372		.0972
1985		34.78		16,822.51		1,722		4,339		.1547		.1083
1986		35.34		17,321.82		1,841		4,580		.1718		.1204
1987		36.60		18,426.51		1,956		4,855		.1858		.1331
1988		38.07		19,334.04		2,090		5,236		.2018		.1464
1989		39.89		20,099.55		2,235		5,642		.2199		.1605
1990		41.97		21,027.98		2,356		5,963		.2394		.1757
1991		43.70		21,811.60		2,420		6,158		.2605		.1919
1992		44.97		22,935.42		2,529		6,520		.2816		.2090
1993		46.23		23,132.67		2,635		6,859		.3019		.2268
1994		47.37		23,753.53		2,780		7,287		.3205		.2454
1995		48.74		24,705.66		2,912		7,640		.3435		.2649
1996		50.14		25,913.90		3,064		8,073		.3675		.2854
1997		51.28		27,426.00		3,275		8,578		.3922		.3070
1998		51.96		28,861.44		3,516		9,063		.4185		.3296
1999		53.10		30,469.84		3,736		9,631		.4423		.3530
2000		54.95		32,154.82		3,992		10,251		.4687		.3773
2001		56.45		32,921.92		4,158		10,582		.4984		.4028
2002		57.23		33,252.09		4,238		10,929		.5248		.4291
2003		58.50		34,064.95		4,343		11,456		.5506		.4557
2004		60.03		35,648.55		4,540		12,217		.5732		.4823
2005		62.15		36,952.94		4,747		13,039		.5980		.5092
2006		64.13		38,651.41		5,023		13,816		.6241		.5366
2007		65.97		40,405.48		5,251		14,474		.6545		.5649
2008		68.67		41,334.97		5,413		14,770		.6854		.5942
2009		68.21		40,711.61		5,255		14,478		.7105		.6238
2010		69.62		41,673.83		5,290		15,049		.7314		.6534
2011		72.09		42,979.61		5,467		15,600		.7517		.6830
2012		73.61		44,321.67		5,687		16,254		.7700		.7120
2013		74.61		44,888.16		5,892		16,881		.7812		.7401
2014		75.74		46,481.52		6,160		17,608		.7960		.7674
2015		75.42		48,098.63		6,448		18,295		.8141		.7940
2016		76.16		48,642.15		6,639		18,805		.8307		.8199
2017		77.78		50,321.89		6,983		19,612		.8458		.8451
2018		79.76		52,145.80		7,312		20,657		.8655		.8700
2019		81.09		54,099.99		7,665		21,521		.8904		.8949
2020		82.07		55,628.60		7,717		21,323		.9103		.9193
2021		86.39		60,575.07		8,349		23,594		.9193		.9427
2022		93.70		63,795.13		9,151		25,744		.9322		.9653
Intermediate:
2023		97.32		66,251.14		9,616		27,358		.9600		.9882
2024		100.00		68,792.94		10,078		28,599		1.0000		1.0126
2025		102.32		71,244.83		10,497		29,710		1.0463		1.0383
2026		104.77		74,091.92		10,957		30,942		1.0909		1.0657
2027		107.29		77,253.92		11,456		32,271		1.1363		1.0951
2028		109.86		80,803.65		12,016		33,709		1.1837		1.1268
2029		112.50		84,369.71		12,584		35,143		1.2325		1.1609
2030		115.20		88,032.62		13,177		36,589		1.2833		1.1977
2031		117.96		91,881.05		13,792		38,095		1.3357		1.2377
2032		120.79		95,915.51		14,436		39,666		1.3903		1.2814
2033		123.69		99,767.94		15,062		41,286		1.4475		1.3294
2034		126.66		103,433.45		15,653		42,966		1.5079		1.3830
2035		129.70		107,217.77		16,263		44,714		1.5727		1.4416
2036		132.81		111,141.92		16,891		46,523		1.6421		1.5045
2037		136.00		115,218.14		17,539		48,390		1.7161		1.5717
2038		139.26		119,447.30		18,217		50,346		1.7946		1.6432
2039		142.61		123,839.18		18,917		52,372		1.8776		1.7190
2040		146.03		128,357.33		19,642		54,472		1.9656		1.7991
2041		149.53		133,002.05		20,389		56,643		2.0586		1.8834
2042		153.12		137,796.46		21,166		58,904		2.1567		1.9722
2043		156.80		142,735.34		21,975		61,258		2.2592		2.0653
2044		160.56		147,808.61		22,813		63,704		2.3667		2.1630
2045		164.41		153,036.52		23,682		66,240		2.4792		2.2654
2046		168.36		158,422.02		24,586		68,881		2.5971		2.3729
2047		172.40		163,999.30		25,529		71,640		2.7206		2.4855
2048		176.54		169,766.54		26,512		74,514		2.8500		2.6035
2049		180.78		175,741.32		27,534		77,509		2.9855		2.7272
2050		185.11		181,921.07		28,600		80,633		3.1274		2.8568
2051		189.56		188,331.33		29,708		83,883		3.2762		2.9926
2052		194.11		194,980.97		30,860		87,269		3.4319		3.1349
2053		198.77		201,871.85		32,058		90,795		3.5951		3.2839
2054		203.54		209,009.63		33,301		94,457		3.7661		3.4401
2055		208.42		216,398.79		34,592		98,265		3.9452		3.6037
2056		213.42		224,055.70		35,934		102,226		4.1328		3.7750
2057		218.54		232,002.13		37,327		106,339		4.3293		3.9546
2058		223.79		240,252.99		38,775		110,619		4.5352		4.1426
2059		229.16		248,816.92		40,279		115,067		4.7508		4.3396
2060		234.66		257,706.09		41,836		119,677		4.9767		4.5460
2061		240.29		266,928.11		43,450		124,460		5.2134		4.7621
2062		246.06		276,484.04		45,129		129,436		5.4613		4.9886
2063		251.96		286,379.69		46,867		134,595		5.7210		5.2258
2064		258.01		296,624.84		48,669		139,947		5.9930		5.4743
2065		264.20		307,223.86		50,538		145,501		6.2780		5.7346
2066		270.55		318,189.79		52,473		151,259		6.5766		6.0073
2067		277.04		329,554.25		54,480		157,235		6.8893		6.2929
2068		283.69		341,314.65		56,557		163,426		7.2169		6.5922
2069		290.50		353,494.07		58,706		169,838		7.5601		6.9057
2070		297.47		366,109.67		60,936		176,496		7.9196		7.2340
2071		304.61		379,162.35		63,251		183,415		8.2961		7.5780
2072		311.92		392,653.78		65,652		190,593		8.6906		7.9384
2073		319.40		406,612.30		68,146		198,056		9.1039		8.3159
2074		327.07		421,082.89		70,745		205,834		9.5368		8.7113
2075		334.92		436,079.02		73,447		213,925		9.9903		9.1255
2076		342.96		451,615.49		76,256		222,341		10.4654		9.5595
2077		351.19		467,711.34		79,179		231,104		10.9630		10.0141
2078		359.62		484,369.56		82,224		240,235		11.4843		10.4902
2079		368.25		501,604.60		85,396		249,751		12.0304		10.9891
2080		377.08		519,436.57		88,702		259,673		12.6025		11.5116
2081		386.13		537,918.09		92,148		270,019		13.2018		12.0590
2082		395.40		557,062.94		95,746		280,822		13.8295		12.6325
2083		404.89		576,906.74		99,494		292,084		14.4872		13.2332
2084		414.61		597,484.19		103,400		303,822		15.1761		13.8624
2085		424.56		618,803.88		107,470		316,061		15.8977		14.5216
2086		434.75		640,929.49		111,713		328,825		16.6537		15.2121
2087		445.18		663,795.78		116,127		342,111		17.4456		15.9355
2088		455.87		687,463.33		120,724		355,953		18.2752		16.6933
2089		466.81		711,958.78		125,503		370,357		19.1442		17.4871
2090		478.01		737,291.99		130,470		385,337		20.0545		18.3186
2091		489.48		763,490.36		135,630		400,913		21.0082		19.1897
2092		501.23		790,604.60		140,986		417,089		22.0072		20.1022
2093		513.26		818,664.29		146,540		433,885		23.0536		21.0581
2094		525.58		847,707.92		152,303		451,324		24.1499		22.0595
2095		538.19		877,771.82		158,277		469,420		25.2983		23.1084
2096		551.11		908,897.36		164,468		488,190		26.5012		24.2073
2097		564.34		941,122.38		170,888		507,672		27.7614		25.3584
2098		577.88		974,491.01		177,538		527,873		29.0815		26.5642
2099		591.75		1,009,039.16		184,438		548,852		30.4644		27.8274
2100		605.95		1,044,807.89		191,588		570,610		31.9131		29.1507
Low-cost:
2023		97.18		66,373.24		9,662		27,364		.9600		.9882
2024		100.00		69,680.31		10,298		28,988		1.0000		1.0127
2025		102.92		73,441.54		10,958		30,773		1.0493		1.0393
2026		106.01		77,257.02		11,632		32,530		1.1020		1.0687
2027		109.19		81,460.97		12,362		34,371		1.1578		1.1016
2028		112.47		85,960.44		13,120		36,266		1.2164		1.1385
2029		115.84		90,672.82		13,930		38,258		1.2780		1.1797
2030		119.32		95,637.54		14,788		40,341		1.3427		1.2259
2031		122.89		101,025.94		15,715		42,532		1.4111		1.2778
2032		126.58		106,758.89		16,699		44,844		1.4853		1.3360
2033		130.38		112,402.33		17,692		47,261		1.5651		1.4010
2034		134.29		117,952.76		18,627		49,804		1.6513		1.4726
2035		138.32		123,752.39		19,606		52,481		1.7451		1.5501
2036		142.47		129,838.73		20,630		55,286		1.8460		1.6333
2037		146.74		136,234.15		21,699		58,221		1.9537		1.7226
2038		151.15		142,945.50		22,830		61,325		2.0685		1.8183
2039		155.68		149,987.19		24,014		64,583		2.1900		1.9209
2040		160.35		157,318.25		25,258		68,007		2.3187		2.0304
2041		165.16		164,944.43		26,563		71,604		2.4549		2.1470
2042		170.12		172,895.92		27,942		75,407		2.5991		2.2710
2043		175.22		181,170.85		29,399		79,425		2.7521		2.4031
2044		180.48		189,786.32		30,936		83,665		2.9141		2.5438
2045		185.89		198,786.55		32,559		88,144		3.0855		2.6929
2046		191.47		208,177.00		34,274		92,876		3.2671		2.8511
2047		197.21		218,011.83		36,090		97,888		3.4593		3.0188
2048		203.13		228,303.30		38,009		103,182		3.6629		3.1964
2049		209.22		239,099.75		40,039		108,781		3.8784		3.3844
2050		215.50		250,417.91		42,186		114,702		4.1066		3.5836
2051		221.96		262,300.95		44,453		120,954		4.3482		3.7944
2052		228.62		274,774.29		46,847		127,556		4.6041		4.0177
2053		235.48		287,855.96		49,371		134,523		4.8750		4.2541
2054		242.54		301,576.61		52,032		141,866		5.1618		4.5044
2055		249.82		315,956.70		54,836		149,606		5.4655		4.7695
2056		257.31		331,037.58		57,793		157,765		5.7871		5.0501
2057		265.03		346,869.56		60,909		166,360		6.1276		5.3472
2058		272.99		363,494.77		64,193		175,418		6.4882		5.6619
2059		281.17		380,950.65		67,653		184,956		6.8700		5.9950
2060		289.61		399,284.41		71,291		194,985		7.2742		6.3478
2061		298.30		418,527.27		75,120		205,540		7.7022		6.7213
2062		307.25		438,704.02		79,155		216,658		8.1554		7.1167
2063		316.46		459,849.11		83,398		228,348		8.6353		7.5355
2064		325.96		482,003.35		87,865		240,647		9.1434		7.9789
2065		335.74		505,202.69		92,565		253,588		9.6814		8.4484
2066		345.81		529,495.52		97,509		267,193		10.2510		8.9455
2067		356.18		554,960.71		102,713		281,512		10.8542		9.4718
2068		366.87		581,624.00		108,188		296,568		11.4928		10.0291
2069		377.88		609,562.91		113,941		312,384		12.1691		10.6192
2070		389.21		638,841.18		120,000		329,036		12.8851		11.2441
2071		400.89		669,491.76		126,394		346,597		13.6433		11.9057
2072		412.91		701,561.78		133,127		365,082		14.4460		12.6062
2073		425.30		735,132.46		140,231		384,573		15.2960		13.3480
2074		438.06		770,323.93		147,742		405,167		16.1961		14.1334
2075		451.20		807,204.07		155,675		426,904		17.1490		14.9650
2076		464.74		845,854.02		164,049		449,833		18.1581		15.8455
2077		478.68		886,350.20		172,895		474,040		19.2265		16.7778
2078		493.04		928,751.38		182,259		499,642		20.3578		17.7651
2079		507.83		973,149.12		192,167		526,713		21.5557		18.8103
2080		523.07		1,019,637.96		202,658		555,352		22.8240		19.9172
2081		538.76		1,068,383.51		213,757		585,633		24.1669		21.0891
2082		554.92		1,119,475.46		225,527		617,715		25.5889		22.3300
2083		571.57		1,173,052.11		237,979		651,632		27.0946		23.6439
2084		588.72		1,229,238.35		251,147		687,475		28.6888		25.0351
2085		606.38		1,288,114.77		265,081		725,378		30.3769		26.5081
2086		624.57		1,349,900.01		279,825		765,461		32.1643		28.0679
2087		643.31		1,414,562.54		295,386		807,738		34.0568		29.7194
2088		662.61		1,482,313.40		311,814		852,352		36.0607		31.4681
2089		682.48		1,553,226.79		329,150		899,410		38.1825		33.3196
2090		702.96		1,627,410.41		347,412		948,964		40.4292		35.2802
2091		724.05		1,705,068.15		366,647		1,001,145		42.8080		37.3560
2092		745.77		1,786,382.94		386,902		1,056,077		45.3269		39.5541
2093		768.14		1,871,560.64		408,196		1,113,813		47.9939		41.8814
2094		791.19		1,960,791.92		430,588		1,174,515		50.8178		44.3457
2095		814.92		2,054,275.34		454,122		1,238,301		53.8080		46.9550
2096		839.37		2,152,209.67		478,871		1,305,363		56.9740		49.7179
2097		864.55		2,254,815.61		504,897		1,375,870		60.3264		52.6433
2098		890.49		2,362,321.66		532,265		1,449,997		63.8760		55.7408
2099		917.20		2,474,948.11		561,069		1,527,994		67.6344		59.0206
2100		944.72		2,592,919.51		591,358		1,609,992		71.6141		62.4934
High-cost:
2023		97.28		66,228.72		9,584		27,345		.9600		.9882
2024		100.00		67,517.68		9,843		27,960		1.0000		1.0125
2025		101.91		68,577.58		9,962		28,230		1.0438		1.0377
2026		103.74		71,043.67		10,272		29,222		1.0808		1.0636
2027		105.61		73,663.00		10,605		30,221		1.1155		1.0904
2028		107.51		76,370.00		10,999		31,238		1.1499		1.1184
2029		109.44		79,151.84		11,412		32,304		1.1848		1.1473
2030		111.41		82,014.27		11,844		33,407		1.2206		1.1776
2031		113.42		84,790.89		12,266		34,469		1.2575		1.2103
2032		115.46		87,420.48		12,665		35,464		1.2955		1.2394
2033		117.54		89,810.30		13,022		36,456		1.3347		1.2699
2034		119.65		91,988.88		13,359		37,475		1.3758		1.3088
2035		121.81		94,204.58		13,703		38,522		1.4195		1.3508
2036		124.00		96,474.57		14,051		39,590		1.4657		1.3950
2037		126.23		98,806.24		14,405		40,679		1.5146		1.4419
2038		128.50		101,200.00		14,772		41,808		1.5665		1.4918
2039		130.82		103,666.28		15,146		42,963		1.6213		1.5443
2040		133.17		106,175.41		15,525		44,139		1.6787		1.5991
2041		135.57		108,726.09		15,907		45,326		1.7389		1.6565
2042		138.01		111,340.89		16,296		46,541		1.8021		1.7167
2043		140.49		114,018.43		16,691		47,778		1.8678		1.7790
2044		143.02		116,727.77		17,090		49,031		1.9357		1.8436
2045		145.60		119,474.12		17,491		50,296		2.0060		1.9106
2046		148.22		122,264.76		17,899		51,583		2.0789		1.9800
2047		150.89		125,122.29		18,317		52,908		2.1544		2.0519
2048		153.60		128,041.74		18,745		54,264		2.2326		2.1264
2049		156.37		131,021.56		19,181		55,650		2.3137		2.2037
2050		159.18		134,050.71		19,624		57,063		2.3978		2.2837
2051		162.05		137,150.73		20,075		58,507		2.4849		2.3667
2052		164.96		140,328.05		20,536		59,984		2.5751		2.4527
2053		167.93		143,576.55		21,007		61,499		2.6687		2.5417
2054		170.96		146,895.59		21,486		63,048		2.7656		2.6341
2055		174.03		150,284.66		21,976		64,634		2.8661		2.7297
2056		177.17		153,752.61		22,476		66,255		2.9702		2.8289
2057		180.35		157,309.93		22,987		67,912		3.0781		2.9317
2058		183.60		160,962.56		23,510		69,612		3.1899		3.0381
2059		186.91		164,709.13		24,043		71,350		3.3057		3.1485
2060		190.27		168,549.60		24,585		73,119		3.4258		3.2629
2061		193.69		172,486.21		25,136		74,922		3.5503		3.3814
2062		197.18		176,517.12		25,699		76,769		3.6792		3.5042
2063		200.73		180,639.44		26,272		78,651		3.8129		3.6315
2064		204.34		184,855.32		26,854		80,568		3.9514		3.7634
2065		208.02		189,161.37		27,448		82,531		4.0949		3.9001
2066		211.77		193,560.34		28,052		84,530		4.2436		4.0418
2067		215.58		198,069.96		28,665		86,565		4.3978		4.1886
2068		219.46		202,682.61		29,286		88,635		4.5575		4.3407
2069		223.41		207,402.56		29,916		90,740		4.7231		4.4984
2070		227.43		212,235.14		30,558		92,888		4.8946		4.6618
2071		231.52		217,175.93		31,210		95,076		5.0724		4.8312
2072		235.69		222,217.55		31,870		97,302		5.2567		5.0066
2073		239.93		227,371.74		32,544		99,576		5.4476		5.1885
2074		244.25		232,661.18		33,233		101,905		5.6455		5.3770
2075		248.65		238,083.81		33,934		104,280		5.8506		5.5723
2076		253.12		243,638.35		34,649		106,707		6.0631		5.7747
2077		257.68		249,332.23		35,377		109,186		6.2833		5.9845
2078		262.32		255,156.45		36,119		111,714		6.5116		6.2018
2079		267.04		261,110.42		36,875		114,297		6.7481		6.4271
2080		271.85		267,195.33		37,648		116,945		6.9932		6.6606
2081		276.74		273,430.04		38,440		119,660		7.2472		6.9025
2082		281.72		279,809.35		39,251		122,444		7.5105		7.1532
2083		286.79		286,343.89		40,077		125,288		7.7833		7.4131
2084		291.96		293,049.64		40,926		128,209		8.0660		7.6823
2085		297.21		299,924.99		41,795		131,208		8.3590		7.9614
2086		302.56		306,986.70		42,684		134,281		8.6626		8.2506
2087		308.01		314,186.48		43,592		137,424		8.9773		8.5503
2088		313.55		321,541.77		44,524		140,655		9.3034		8.8609
2089		319.19		329,084.86		45,476		143,961		9.6413		9.1827
2090		324.94		336,816.67		46,450		147,352		9.9915		9.5163
2091		330.79		344,716.43		47,449		150,832		10.3545		9.8619
2092		336.74		352,803.03		48,468		154,391		10.7306		10.2202
2093		342.80		361,075.43		49,508		158,030		11.1204		10.5914
2094		348.98		369,531.47		50,569		161,750		11.5243		10.9761
2095		355.26		378,172.01		51,654		165,563		11.9429		11.3748
2096		361.65		387,007.49		52,764		169,467		12.3767		11.7880
2097		368.16		396,044.52		53,896		173,458		12.8263		12.2162
2098		374.79		405,289.93		55,049		177,536		13.2922		12.6599
2099		381.53		414,745.91		56,228		181,712		13.7750		13.1198
2100		388.40		424,421.73		57,431		185,982		14.2754		13.5964

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a CPI-W indexed to calendar year 2024. Historical values computed using the intermediate assumptions value for 2024. 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.