Table VI.F7.-Selected Economic Variables
Calendar Years 2003-80
Intermediate Assumptions
[GDP and taxable payroll in billions]
Calendar
year		 Adjusted
CPI 1		 SSA average
wage index 2		 Taxable
payroll 3		 Gross
domestic
product		 Compound
interest-rate
factor 4
2003 98.80 $33,892.68 $4,339 $10,937 0.9570
2004 100.00 35,057.39 4,522 11,544 1.0000
2005 101.50 36,507.12 4,762 12,090 1.0484
2006 103.50 37,907.81 4,999 12,675 1.1029
2007 106.04 39,401.57 5,244 13,321 1.1654
2008 108.97 41,021.30 5,502 14,025 1.2347
2009 112.02 42,671.44 5,770 14,754 1.3083
2010 115.17 44,382.24 6,047 15,508 1.3863
2011 118.39 46,142.89 6,331 16,281 1.4689
2012 121.71 47,988.47 6,614 17,068 1.5546
2013 125.11 49,850.13 6,901 17,872 1.6453
2014 128.61 51,777.38 7,213 18,708 1.7413
2015 132.21 53,755.86 7,534 19,572 1.8428
2016 135.91 55,820.59 7,868 20,471 1.9503
2017 139.72 57,971.32 8,214 21,408 2.0641
2018 143.63 60,180.48 8,575 22,387 2.1844
2019 147.65 62,507.51 8,944 23,391 2.3119
2020 151.79 64,942.15 9,329 24,438 2.4467
2021 156.04 67,405.45 9,724 25,518 2.5894
2022 160.41 70,100.32 10,135 26,643 2.7404
2023 164.90 72,861.06 10,557 27,804 2.9003
2024 169.51 75,687.29 10,997 29,015 3.0694
2025 174.26 78,577.54 11,453 30,273 3.2485
2026 179.14 81,564.54 11,930 31,589 3.4379
2027 184.16 84,825.79 12,428 32,970 3.6385
2028 189.31 88,177.91 12,945 34,406 3.8507
2029 194.61 91,611.64 13,486 35,907 4.0753
2030 200.06 95,128.18 14,050 37,478 4.3130
2031 205.66 98,766.83 14,639 39,122 4.5645
2032 211.42 102,724.68 15,256 40,846 4.8308
2033 217.34 106,807.49 15,899 42,647 5.1125
2034 223.43 110,992.75 16,571 44,528 5.4107
2035 229.68 115,266.62 17,272 46,495 5.7263
2036 236.12 119,701.46 18,006 48,555 6.0603
2037 242.73 124,486.71 18,771 50,711 6.4138
2038 249.52 129,448.02 19,570 52,963 6.7879
2039 256.51 134,558.13 20,401 55,308 7.1838
2040 263.69 139,759.03 21,267 57,758 7.6028
2041 271.08 145,122.90 22,172 60,320 8.0462
2042 278.67 150,879.49 23,112 62,991 8.5156
2043 286.47 156,877.03 24,091 65,777 9.0122
2044 294.49 163,083.35 25,111 68,681 9.5379
2045 302.74 169,404.03 26,170 71,708 10.0942
2046 311.21 175,914.19 27,271 74,861 10.6830
2047 319.93 182,862.44 28,415 78,145 11.3061
2048 328.88 190,081.84 29,603 81,560 11.9655
2049 338.09 197,549.47 30,835 85,110 12.6634
2050 347.56 205,167.59 32,116 88,807 13.4020
2051 357.29 213,027.99 33,450 92,666 14.1837
2052 367.30 221,400.58 34,837 96,687 15.0110
2053 377.58 230,119.27 36,285 100,894 15.8866
2054 388.15 239,156.00 37,793 105,280 16.8132
2055 399.02 248,409.23 39,359 109,843 17.7938
2056 410.19 257,957.73 40,990 114,605 18.8317
2057 421.68 268,099.68 42,682 119,560 19.9301
2058 433.48 278,623.82 44,447 124,735 21.0925
2059 445.62 289,521.84 46,287 130,140 22.3228
2060 458.10 300,759.84 48,202 135,775 23.6248
2061 470.93 312,370.59 50,193 141,647 25.0027
2062 484.11 324,623.78 52,268 147,779 26.4610
2063 497.67 337,336.44 54,426 154,169 28.0044
2064 511.60 350,522.11 56,674 160,838 29.6378
2065 525.93 364,183.30 59,018 167,802 31.3665
2066 540.65 378,358.67 61,454 175,057 33.1960
2067 555.79 393,152.93 63,996 182,640 35.1322
2068 571.35 408,494.40 66,659 190,598 37.1814
2069 587.35 424,463.57 69,423 198,874 39.3500
2070 603.80 441,048.16 72,299 207,504 41.6452
2071 620.70 458,267.00 75,296 216,515 44.0742
2072 638.08 476,150.51 78,414 225,906 46.6449
2073 655.95 494,757.27 81,654 235,687 49.3655
2074 674.32 514,093.02 85,026 245,884 52.2448
2075 693.20 534,183.50 88,538 256,526 55.2921
2076 712.61 555,051.07 92,194 267,623 58.5171
2077 732.56 576,719.84 95,998 279,193 61.9302
2078 753.07 599,218.42 99,958 291,262 65.5424
2079 774.16 622,598.00 104,070 303,819 69.3652
2080 795.83 646,891.04 108,342 316,891 73.4111
1 The adjusted CPI is the CPI-W indexed to calendar year 2004.
2 The SSA 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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