Table VI.F6.-Selected Economic Variables
Calendar Years 2004-80
High Cost 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 97.40 $35,067.38 $4,489 $11,698 0.9641
2005 100.00 35,921.47 4,619 12,024 1.0000
2006 102.61 37,716.79 4,873 12,743 1.0581
2007 105.50 39,428.35 5,117 13,455 1.1198
2008 110.12 40,860.58 5,342 14,032 1.1877
2009 116.40 43,485.07 5,672 15,019 1.2834
2010 122.87 46,602.64 6,102 16,366 1.3973
2011 128.63 49,154.43 6,491 17,451 1.4987
2012 133.70 51,426.51 6,841 18,382 1.5927
2013 138.78 53,679.36 7,180 19,334 1.6897
2014 144.05 55,992.55 7,526 20,340 1.7926
2015 149.52 58,408.36 7,895 21,391 1.9017
2016 155.20 60,957.44 8,278 22,489 2.0176
2017 161.10 63,661.15 8,679 23,640 2.1404
2018 167.22 66,414.51 9,097 24,843 2.2708
2019 173.58 69,264.09 9,534 26,107 2.4091
2020 180.17 72,262.69 9,987 27,419 2.5558
2021 187.02 75,437.58 10,460 28,796 2.7114
2022 194.12 78,796.87 10,950 30,225 2.8766
2023 201.50 82,337.02 11,461 31,723 3.0517
2024 209.16 85,973.60 11,991 33,278 3.2376
2025 217.11 89,681.30 12,543 34,902 3.4348
2026 225.36 93,563.07 13,120 36,607 3.6439
2027 233.92 97,741.70 13,727 38,407 3.8658
2028 242.81 102,161.49 14,363 40,297 4.1013
2029 252.03 106,714.64 15,021 42,259 4.3510
2030 261.61 111,347.32 15,705 44,304 4.6160
2031 271.55 116,193.10 16,423 46,455 4.8971
2032 281.87 121,390.40 17,177 48,722 5.1954
2033 292.58 126,901.92 17,969 51,110 5.5118
2034 303.70 132,606.41 18,795 53,603 5.8474
2035 315.24 138,391.35 19,653 56,199 6.2036
2036 327.22 144,444.40 20,545 58,910 6.5813
2037 339.66 150,882.96 21,477 61,746 6.9822
2038 352.56 157,726.25 22,450 64,721 7.4074
2039 365.96 164,849.98 23,470 67,841 7.8585
2040 379.87 172,065.34 24,531 71,099 8.3371
2041 394.30 179,564.73 25,637 74,504 8.8448
2042 409.29 187,498.32 26,791 78,070 9.3834
2043 424.84 195,972.92 27,993 81,798 9.9549
2044 440.98 204,817.45 29,244 85,683 10.5611
2045 457.74 213,796.38 30,534 89,713 11.2043
2046 475.13 223,115.98 31,870 93,896 11.8866
2047 493.19 232,921.81 33,265 98,281 12.6105
2048 511.93 243,356.92 34,723 102,880 13.3785
2049 531.38 254,237.57 36,239 107,675 14.1933
2050 551.58 265,329.62 37,811 112,658 15.0576
2051 572.54 276,806.52 39,445 117,859 15.9747
2052 594.29 288,857.54 41,149 123,302 16.9475
2053 616.88 301,693.46 42,921 128,982 17.9796
2054 640.32 315,133.92 44,766 134,911 19.0746
2055 664.65 328,881.66 46,678 141,075 20.2362
2056 689.91 343,119.07 48,670 147,516 21.4686
2057 716.12 358,052.49 50,752 154,268 22.7760
2058 743.33 373,908.65 52,917 161,314 24.1631
2059 771.58 390,494.18 55,170 168,666 25.6346
2060 800.90 407,549.67 57,510 176,324 27.1958
2061 831.34 425,237.99 59,939 184,300 28.8520
2062 862.93 443,704.45 62,458 192,602 30.6091
2063 895.72 463,225.04 65,070 201,238 32.4732
2064 929.75 483,727.16 67,811 210,321 34.4508
2065 965.08 504,898.52 70,665 219,808 36.5489
2066 1,001.76 526,956.61 73,627 229,685 38.7747
2067 1,039.82 550,052.00 76,704 239,978 41.1361
2068 1,079.34 574,247.19 79,938 250,822 43.6412
2069 1,120.35 599,568.71 83,291 262,103 46.2990
2070 1,162.93 625,883.88 86,779 273,874 49.1186
2071 1,207.12 653,353.27 90,411 286,164 52.1099
2072 1,252.99 682,005.60 94,180 298,962 55.2834
2073 1,300.60 711,906.16 98,091 312,283 58.6502
2074 1,350.02 743,163.45 102,170 326,213 62.2220
2075 1,401.33 775,802.04 106,419 340,772 66.0113
2076 1,454.58 809,882.50 110,849 355,990 70.0314
2077 1,509.85 845,476.73 115,455 371,862 74.2963
2078 1,567.22 882,610.22 120,263 388,474 78.8209
2079 1,626.78 921,357.85 125,271 405,831 83.6211
2080 1,688.60 961,844.29 130,479 423,931 88.7137
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.

Return to list of tables.

 Link to FirstGov.gov: U.S. Government portal Privacy Policy | Website Policies & Other Important Information  | Site Map 3/23/2005