Table VI.F6.-Selected Economic Variables
Calendar Years 2004-80
Intermediate Assumptions

[GDP and taxable payroll in billions]

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

2004 97.89 $35,157.10 $4,501 $11,736 0.9593
2005 100.00 36,599.68 4,730 12,359 1.0000
2006 102.15 38,137.06 4,985 13,020 1.0517
2007 104.81 39,793.49 5,244 13,710 1.1104
2008 107.73 41,463.08 5,511 14,424 1.1738
2009 110.74 43,155.26 5,784 15,160 1.2407
2010 113.85 44,893.85 6,065 15,926 1.3130
2011 117.04 46,702.32 6,354 16,721 1.3896
2012 120.32 48,631.78 6,646 17,534 1.4706
2013 123.69 50,572.35 6,946 18,369 1.5564
2014 127.16 52,532.90 7,258 19,232 1.6472
2015 130.72 54,541.35 7,583 20,127 1.7432
2016 134.38 56,639.97 7,919 21,055 1.8449
2017 138.14 58,858.43 8,268 22,022 1.9525
2018 142.01 61,095.93 8,630 23,025 2.0664
2019 145.98 63,413.08 9,005 24,072 2.1869
2020 150.07 65,840.13 9,391 25,150 2.3145
2021 154.27 68,390.52 9,794 26,276 2.4495
2022 158.59 71,075.46 10,209 27,440 2.5923
2023 163.03 73,888.85 10,640 28,652 2.7435
2024 167.60 76,769.63 11,085 29,904 2.9036
2025 172.29 79,691.99 11,545 31,204 3.0729
2026 177.12 82,719.88 12,024 32,558 3.2522
2027 182.08 85,974.57 12,527 33,985 3.4418
2028 187.17 89,395.03 13,054 35,479 3.6426
2029 192.41 92,896.05 13,599 37,030 3.8551
2030 197.80 96,459.53 14,166 38,644 4.0799
2031 203.34 100,153.88 14,758 40,335 4.3179
2032 209.03 104,106.67 15,381 42,114 4.5697
2033 214.89 108,273.93 16,033 43,982 4.8363
2034 220.90 112,554.81 16,714 45,930 5.1183
2035 227.09 116,905.09 17,418 47,952 5.4169
2036 233.45 121,418.59 18,153 50,065 5.7328
2037 239.98 126,202.19 18,923 52,280 6.0672
2038 246.70 131,258.93 19,728 54,601 6.4211
2039 253.61 136,480.83 20,569 57,027 6.7956
2040 260.71 141,781.99 21,442 59,553 7.1920
2041 268.01 147,248.54 22,353 62,191 7.6114
2042 275.52 153,006.26 23,302 64,947 8.0554
2043 283.23 159,131.08 24,292 67,828 8.5252
2044 291.16 165,466.84 25,321 70,825 9.0225
2045 299.31 171,914.99 26,386 73,937 9.5487
2046 307.69 178,550.64 27,491 77,173 10.1057
2047 316.31 185,505.11 28,642 80,551 10.6951
2048 325.17 192,879.52 29,842 84,077 11.3189
2049 334.27 200,491.22 31,085 87,740 11.9791
2050 343.63 208,270.86 32,374 91,544 12.6778
2051 353.25 216,275.41 33,719 95,521 13.4173
2052 363.14 224,652.07 35,120 99,674 14.1998
2053 373.31 233,535.40 36,579 104,006 15.0281
2054 383.76 242,736.87 38,101 108,533 15.9046
2055 394.51 252,176.38 39,682 113,245 16.8323
2056 405.56 261,898.93 41,324 118,148 17.8140
2057 416.91 272,057.63 43,036 123,270 18.8531
2058 428.59 282,791.66 44,817 128,611 19.9527
2059 440.59 293,889.66 46,670 134,179 21.1165
2060 452.92 305,340.62 48,600 139,983 22.3481
2061 465.60 317,150.85 50,605 146,031 23.6516
2062 478.64 329,460.41 52,699 152,357 25.0311
2063 492.04 342,423.26 54,883 158,969 26.4911
2064 505.82 355,843.75 57,155 165,858 28.0362
2065 519.98 369,738.42 59,520 173,043 29.6715
2066 534.54 384,133.80 61,964 180,486 31.4021
2067 549.51 399,140.97 64,511 188,258 33.2337
2068 564.90 414,791.19 67,183 196,424 35.1721
2069 580.71 431,000.72 69,970 204,957 37.2236
2070 596.97 447,862.37 72,868 213,845 39.3947
2071 613.69 465,379.86 75,881 223,108 41.6925
2072 630.87 483,569.37 79,015 232,762 44.1242
2073 648.54 502,466.50 82,282 242,843 46.6979
2074 666.69 522,108.65 85,685 253,364 49.4216
2075 685.36 542,526.74 89,221 264,319 52.3042
2076 704.55 563,745.80 92,900 275,740 55.3549
2077 724.28 585,783.92 96,727 287,643 58.5836
2078 744.56 608,670.50 100,711 300,058 62.0005
2079 765.41 632,440.25 104,859 313,009 65.6168
2080 786.84 657,144.53 109,174 326,509 69.4440

1 The adjusted CPI is the CPI-W indexed to calendar year 2005.
2 The national 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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