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Selected Economic Variables

Updated April 23, 2007

Intermediate Assumptions Low Cost Assumptions High Cost Assumptions

Table VI.F6.- Selected Economic Variables
Calendar Years 2006-85

[GDP and taxable payroll in billions]

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

Intermediate:
2006   98.14   $38,726.37   $5,038   $13,245   0.9556
2007   100.00   40,461.69   5,301   13,858   1.0000
2008   102.37   42,286.35   5,597   14,550   1.0525
2009   105.11   44,100.37   5,896   15,302   1.1121
2010   108.05   45,946.76   6,198   16,083   1.1766
2011   111.08   47,830.33   6,507   16,900   1.2453
2012   114.19   49,809.01   6,816   17,721   1.3179
2013   117.39   51,785.43   7,121   18,550   1.3948
2014   120.67   53,759.30   7,438   19,398   1.4761
2015   124.05   55,820.55   7,771   20,304   1.5616
2016   127.52   57,963.56   8,115   21,253   1.6520
2017   131.09   60,242.93   8,477   22,243   1.7475
2018   134.76   62,593.12   8,849   23,260   1.8485
2019   138.54   65,035.27   9,234   24,317   1.9554
2020   142.42   67,513.90   9,633   25,415   2.0685
2021   146.41   70,071.36   10,048   26,558   2.1880
2022   150.50   72,823.78   10,475   27,739   2.3145
2023   154.72   75,671.67   10,920   28,970   2.4483
2024   159.05   78,597.71   11,383   30,253   2.5899
2025   163.50   81,630.57   11,866   31,596   2.7396
2026   168.08   84,740.37   12,366   32,991   2.8980
2027   172.79   88,073.35   12,888   34,447   3.0655
2028   177.63   91,513.70   13,430   35,964   3.2428
2029   182.60   95,075.68   13,998   37,553   3.4302
2030   187.71   98,753.66   14,591   39,216   3.6285
2031   192.97   102,556.85   15,208   40,951   3.8383
2032   198.37   106,621.22   15,855   42,770   4.0602
2033   203.93   110,827.74   16,534   44,684   4.2949
2034   209.64   115,181.72   17,245   46,691   4.5432
2035   215.51   119,654.40   17,986   48,782   4.8059
2036   221.54   124,314.18   18,756   50,960   5.0837
2037   227.74   129,254.00   19,559   53,235   5.3776
2038   234.12   134,380.14   20,400   55,622   5.6885
2039   240.68   139,696.71   21,281   58,124   6.0174
2040   247.41   145,147.30   22,196   60,729   6.3653
2041   254.34   150,801.41   23,149   63,448   6.7332
2042   261.46   156,745.41   24,143   66,290   7.1225
2043   268.78   162,943.65   25,180   69,259   7.5343
2044   276.31   169,393.16   26,262   72,362   7.9698
2045   284.05   176,008.57   27,385   75,592   8.4306
2046   292.00   182,864.90   28,550   78,948   8.9180
2047   300.18   190,046.57   29,760   82,446   9.4335
2048   308.58   197,517.24   31,021   86,092   9.9789
2049   317.22   205,279.12   32,332   89,895   10.5558
2050   326.10   213,251.30   33,696   93,857   11.1661
2051   335.24   221,510.52   35,113   97,982   11.8116
2052   344.62   230,157.02   36,588   102,282   12.4945
2053   354.27   239,163.44   38,127   106,780   13.2168
2054   364.19   248,541.31   39,731   111,475   13.9809
2055   374.39   258,202.86   41,398   116,365   14.7891
2056   384.87   268,214.73   43,132   121,463   15.6441
2057   395.65   278,671.13   44,940   126,788   16.5485
2058   406.73   289,550.90   46,831   132,365   17.5053
2059   418.11   300,871.64   48,799   138,184   18.5173
2060   429.82   312,601.72   50,850   144,256   19.5878
2061   441.86   324,775.53   52,984   150,588   20.7202
2062   454.23   337,457.12   55,211   157,206   21.9181
2063   466.95   350,636.89   57,533   164,124   23.1852
2064   480.02   364,341.69   59,958   171,358   24.5256
2065   493.46   378,580.63   62,488   178,920   25.9435
2066   507.28   393,369.80   65,121   186,805   27.4433
2067   521.48   408,757.99   67,866   195,044   29.0298
2068   536.08   424,747.84   70,717   203,615   30.7081
2069   551.09   441,381.52   73,677   212,534   32.4834
2070   566.52   458,626.89   76,771   221,875   34.3614
2071   582.39   476,556.11   79,996   231,628   36.3479
2072   598.69   495,210.63   83,362   241,829   38.4492
2073   615.46   514,580.18   86,867   252,470   40.6720
2074   632.69   534,693.06   90,522   263,588   43.0233
2075   650.41   555,604.14   94,320   275,164   45.5106
2076   668.62   577,337.16   98,275   287,243   48.1417
2077   687.34   599,898.65   102,395   299,849   50.9248
2078   706.58   623,341.04   106,678   312,981   53.8689
2079   726.37   647,692.03   111,140   326,688   56.9832
2080   746.71   672,984.32   115,787   340,992   60.2775
2081   767.61   699,250.68   120,628   355,920   63.7622
2082   789.11   726,584.08   125,674   371,489   67.4485
2083   811.20   755,063.52   130,942   387,735   71.3478
2084   833.92   784,739.34   136,443   404,692   75.4726
2085   857.27   815,650.39   142,183   422,371   79.8358

Low Cost:
2006   98.31   38,753.43   5,044   13,260   .9549
2007   100.00   40,590.02   5,335   13,951   1.0000
2008   101.93   42,334.80   5,641   14,643   1.0501
2009   103.77   43,947.36   5,939   15,350   1.1030
2010   105.63   45,547.60   6,234   16,074   1.1605
2011   107.53   47,151.60   6,530   16,825   1.2222
2012   109.47   48,896.81   6,829   17,601   1.2888
2013   111.45   50,616.69   7,130   18,386   1.3597
2014   113.45   52,331.64   7,444   19,190   1.4352
2015   115.49   54,077.95   7,759   20,007   1.5134
2016   117.57   55,862.08   8,082   20,851   1.5959
2017   119.69   57,773.37   8,411   21,723   1.6831
2018   121.84   59,731.46   8,747   22,613   1.7750
2019   124.04   61,764.58   9,094   23,532   1.8720
2020   126.27   63,813.85   9,452   24,481   1.9744
2021   128.54   65,909.42   9,822   25,463   2.0822
2022   130.86   68,169.32   10,200   26,471   2.1960
2023   133.21   70,486.40   10,592   27,515   2.3160
2024   135.61   72,858.79   10,999   28,601   2.4426
2025   138.05   75,302.48   11,421   29,729   2.5761
2026   140.54   77,783.50   11,859   30,899   2.7169
2027   143.07   80,435.62   12,313   32,116   2.8653
2028   145.64   83,146.63   12,785   33,382   3.0219
2029   148.26   85,947.92   13,278   34,704   3.1871
2030   150.93   88,824.63   13,792   36,082   3.3612
2031   153.65   91,780.81   14,328   37,520   3.5449
2032   156.41   94,925.18   14,889   39,026   3.7387
2033   159.23   98,156.82   15,478   40,610   3.9430
2034   162.09   101,497.04   16,096   42,268   4.1584
2035   165.01   104,912.06   16,739   43,996   4.3857
2036   167.98   108,459.60   17,409   45,799   4.6254
2037   171.01   112,199.91   18,109   47,682   4.8781
2038   174.08   116,055.50   18,844   49,659   5.1447
2039   177.22   120,047.71   19,613   51,729   5.4259
2040   180.41   124,119.79   20,414   53,887   5.7224
2041   183.65   128,328.35   21,249   56,136   6.0351
2042   186.96   132,723.62   22,119   58,485   6.3649
2043   190.33   137,288.88   23,027   60,936   6.7127
2044   193.75   142,021.24   23,974   63,492   7.0796
2045   197.24   146,853.21   24,957   66,154   7.4664
2046   200.79   151,838.34   25,980   68,921   7.8745
2047   204.40   157,023.52   27,043   71,803   8.3048
2048   208.08   162,394.44   28,151   74,809   8.7586
2049   211.83   167,958.90   29,305   77,940   9.2373
2050   215.64   173,656.50   30,506   81,203   9.7421
2051   219.52   179,540.11   31,756   84,599   10.2744
2052   223.47   185,664.94   33,058   88,142   10.8359
2053   227.50   192,025.34   34,417   91,841   11.4281
2054   231.59   198,619.96   35,832   95,699   12.0526
2055   235.76   205,382.69   37,305   99,714   12.7113
2056   240.00   212,362.20   38,837   103,895   13.4059
2057   244.32   219,610.88   40,433   108,255   14.1385
2058   248.72   227,125.08   42,101   112,814   14.9112
2059   253.20   234,905.53   43,842   117,576   15.7260
2060   257.76   242,925.34   45,655   122,541   16.5854
2061   262.40   251,215.95   47,547   127,724   17.4918
2062   267.12   259,804.24   49,522   133,141   18.4477
2063   271.93   268,694.63   51,582   138,796   19.4558
2064   276.82   277,897.62   53,735   144,710   20.5190
2065   281.81   287,418.38   55,985   150,897   21.6403
2066   286.88   297,260.36   58,332   157,352   22.8229
2067   292.04   307,448.92   60,779   164,091   24.0702
2068   297.30   317,993.86   63,325   171,108   25.3855
2069   302.65   328,915.45   65,981   178,436   26.7728
2070   308.10   340,191.80   68,758   186,104   28.2359
2071   313.64   351,859.33   71,650   194,095   29.7789
2072   319.29   363,935.66   74,668   202,443   31.4063
2073   325.04   376,426.74   77,811   211,143   33.1226
2074   330.89   389,346.94   81,082   220,206   34.9327
2075   336.84   402,703.66   84,489   229,655   36.8417
2076   342.91   416,513.04   88,038   239,508   38.8550
2077   349.08   430,789.91   91,733   249,773   40.9783
2078   355.36   445,548.25   95,577   260,468   43.2177
2079   361.76   460,804.90   99,579   271,608   45.5795
2080   368.27   476,574.03   103,744   283,213   48.0703
2081   374.90   492,873.27   108,078   295,302   50.6973
2082   381.65   509,755.84   112,596   307,897   53.4678
2083   388.52   527,262.79   117,309   321,017   56.3897
2084   395.51   545,422.69   122,227   334,685   59.4712
2085   402.63   564,262.93   127,361   348,928   62.7212

High Cost:
2006   97.47   38,702.80   5,033   13,232   .9599
2007   100.00   39,852.18   5,197   13,548   1.0000
2008   102.81   41,860.51   5,475   14,238   1.0564
2009   105.79   43,722.09   5,756   15,015   1.1193
2010   110.44   45,294.95   6,010   15,646   1.1879
2011   116.74   48,246.05   6,384   16,747   1.2841
2012   123.23   51,759.46   6,855   18,215   1.3986
2013   129.00   54,564.68   7,273   19,369   1.5008
2014   134.08   56,969.23   7,663   20,375   1.5949
2015   139.17   59,388.31   8,047   21,429   1.6907
2016   144.46   61,920.82   8,432   22,540   1.7915
2017   149.95   64,659.43   8,843   23,705   1.8986
2018   155.65   67,520.29   9,270   24,915   2.0121
2019   161.56   70,496.37   9,715   26,180   2.1324
2020   167.70   73,537.32   10,179   27,505   2.2600
2021   174.07   76,697.31   10,665   28,893   2.3951
2022   180.69   80,104.88   11,168   30,337   2.5383
2023   187.55   83,657.59   11,694   31,854   2.6901
2024   194.68   87,323.07   12,245   33,442   2.8510
2025   202.08   91,138.23   12,820   35,109   3.0215
2026   209.76   95,088.65   13,419   36,849   3.2021
2027   217.73   99,336.67   14,046   38,676   3.3936
2028   226.00   103,760.04   14,704   40,598   3.5965
2029   234.59   108,335.29   15,392   42,614   3.8116
2030   243.50   113,106.23   16,110   44,722   4.0395
2031   252.76   118,070.47   16,859   46,929   4.2811
2032   262.36   123,375.92   17,641   49,242   4.5371
2033   272.33   128,914.41   18,463   51,674   4.8084
2034   282.68   134,639.45   19,327   54,237   5.0959
2035   293.42   140,587.61   20,225   56,911   5.4007
2036   304.57   146,808.47   21,160   59,699   5.7236
2037   316.15   153,408.00   22,134   62,615   6.0659
2038   328.16   160,309.18   23,154   65,674   6.4286
2039   340.63   167,456.07   24,221   68,884   6.8130
2040   353.57   174,866.42   25,327   72,223   7.2204
2041   367.01   182,585.97   26,476   75,701   7.6522
2042   380.96   190,712.31   27,678   79,352   8.1098
2043   395.43   199,232.80   28,934   83,178   8.5947
2044   410.46   208,091.63   30,245   87,181   9.1087
2045   426.06   217,292.63   31,600   91,338   9.6533
2046   442.25   226,861.18   33,006   95,666   10.2306
2047   459.05   236,907.06   34,463   100,169   10.8424
2048   476.50   247,427.97   35,979   104,865   11.4907
2049   494.60   258,345.90   37,552   109,757   12.1778
2050   513.40   269,678.53   39,186   114,856   12.9060
2051   532.91   281,471.16   40,889   120,185   13.6778
2052   553.16   293,816.25   42,667   125,764   14.4957
2053   574.18   306,744.57   44,519   131,596   15.3625
2054   596.00   320,219.69   46,448   137,689   16.2812
2055   618.65   334,238.19   48,452   144,039   17.2547
2056   642.15   348,838.91   50,533   150,658   18.2865
2057   666.56   364,105.57   52,700   157,567   19.3800
2058   691.88   380,058.69   54,955   164,782   20.5389
2059   718.18   396,679.99   57,304   172,318   21.7671
2060   745.47   414,085.65   59,744   180,174   23.0687
2061   773.79   432,209.88   62,294   188,405   24.4482
2062   803.20   451,122.64   64,952   197,011   25.9102
2063   833.72   470,900.66   67,712   205,972   27.4595
2064   865.40   491,505.95   70,587   215,342   29.1016
2065   898.29   513,052.61   73,576   225,107   30.8418
2066   932.42   535,502.30   76,668   235,246   32.6860
2067   967.85   558,992.66   79,904   245,888   34.6406
2068   1,004.63   583,495.93   83,254   256,941   36.7120
2069   1,042.81   609,071.25   86,732   268,451   38.9074
2070   1,082.44   635,788.72   90,377   280,547   41.2339
2071   1,123.57   663,662.62   94,170   293,168   43.6996
2072   1,166.26   692,743.83   98,129   306,383   46.3128
2073   1,210.58   723,111.07   102,233   320,127   49.0822
2074   1,256.58   754,819.14   106,495   334,443   52.0172
2075   1,304.33   787,898.07   110,939   349,413   55.1277
2076   1,353.90   822,418.66   115,556   365,016   58.4243
2077   1,405.35   858,442.18   120,341   381,243   61.9179
2078   1,458.75   896,065.63   125,318   398,165   65.6205
2079   1,514.18   935,353.43   130,504   415,850   69.5445
2080   1,571.72   976,353.82   135,919   434,368   73.7031
2081   1,631.45   1,019,122.47   141,573   453,756   78.1104
2082   1,693.44   1,063,855.57   147,466   473,993   82.7812
2083   1,757.79   1,110,670.93   153,617   495,129   87.7314
2084   1,824.59   1,159,698.90   160,032   517,180   92.9776
2085   1,893.92   1,211,072.06   166,726   540,196   98.5374

1 The adjusted CPI is the CPI-W indexed to calendar year 2007.
2 The 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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