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		15.00		$6,186.24		$404		$1,073		0.0460		0.0375
1971		15.66		6,497.08		415		1,165		.0494		.0395
1972		16.19		7,133.80		471		1,279		.0524		.0416
1973		17.19		7,580.16		546		1,425		.0555		.0439
1974		19.08		8,030.76		620		1,545		.0593		.0465
1975		20.81		8,630.92		648		1,685		.0638		.0495
1976		22.00		9,226.48		719		1,873		.0686		.0528
1977		23.43		9,779.44		795		2,082		.0736		.0564
1978		25.23		10,556.03		895		2,352		.0789		.0604
1979		28.12		11,479.46		1,047		2,627		.0855		.0649
1980		31.89		12,513.46		1,151		2,857		.0935		.0701
1981		35.16		13,773.10		1,272		3,207		.1041		.0765
1982		37.27		14,531.34		1,341		3,344		.1184		.0846
1983		38.39		15,239.24		1,488		3,634		.1340		.0939
1984		39.74		16,135.07		1,597		4,038		.1492		.1044
1985		41.12		16,822.51		1,722		4,339		.1683		.1163
1986		41.78		17,321.82		1,842		4,580		.1869		.1292
1987		43.28		18,426.51		1,956		4,855		.2021		.1429
1988		45.01		19,334.04		2,090		5,236		.2195		.1571
1989		47.16		20,099.55		2,235		5,642		.2392		.1723
1990		49.62		21,027.98		2,356		5,963		.2604		.1886
1991		51.66		21,811.60		2,420		6,158		.2834		.2060
1992		53.16		22,935.42		2,529		6,520		.3063		.2244
1993		54.66		23,132.67		2,635		6,859		.3284		.2436
1994		56.01		23,753.53		2,780		7,287		.3486		.2635
1995		57.62		24,705.66		2,912		7,640		.3737		.2844
1996		59.28		25,913.90		3,064		8,073		.3998		.3064
1997		60.62		27,426.00		3,275		8,578		.4266		.3296
1998		61.43		28,861.44		3,516		9,063		.4552		.3539
1999		62.78		30,469.84		3,736		9,631		.4812		.3790
2000		64.97		32,154.82		3,992		10,252		.5098		.4051
2001		66.74		32,921.92		4,158		10,582		.5421		.4325
2002		67.66		33,252.09		4,238		10,936		.5708		.4607
2003		69.16		34,064.95		4,343		11,458		.5989		.4892
2004		70.97		35,648.55		4,540		12,214		.6235		.5178
2005		73.47		36,952.94		4,747		13,037		.6505		.5467
2006		75.82		38,651.41		5,023		13,815		.6788		.5761
2007		78.00		40,405.48		5,251		14,452		.7120		.6066
2008		81.19		41,334.97		5,413		14,713		.7455		.6380
2009		80.64		40,711.61		5,255		14,449		.7728		.6697
2010		82.31		41,673.83		5,290		14,992		.7955		.7016
2011		85.23		42,979.61		5,467		15,543		.8177		.7333
2012		87.02		44,321.67		5,687		16,197		.8375		.7645
2013		88.21		44,888.16		5,892		16,785		.8498		.7946
2014		89.54		46,481.52		6,160		17,527		.8658		.8239
2015		89.17		48,098.63		6,447		18,238		.8856		.8525
2016		90.04		48,642.15		6,637		18,745		.9036		.8803
2017		91.96		50,321.89		6,979		19,543		.9200		.9074
2018		94.30		52,145.80		7,302		20,612		.9414		.9341
2019		95.87		54,099.99		7,652		21,433		.9686		.9608
Intermediate:
2020		97.03		55,576.94		7,705		20,937		.9902		.9870
2021		100.00		59,064.67		8,155		22,382		1.0000		1.0123
2022		102.40		61,600.90		8,572		23,714		1.0154		1.0363
2023		104.85		63,849.67		9,005		24,815		1.0340		1.0594
2024		107.37		66,000.86		9,415		25,895		1.0550		1.0821
2025		109.95		68,383.15		9,826		27,041		1.0804		1.1049
2026		112.59		70,873.78		10,239		28,190		1.1132		1.1291
2027		115.29		73,475.22		10,660		29,353		1.1551		1.1559
2028		118.06		76,170.31		11,100		30,571		1.2060		1.1857
2029		120.89		78,951.37		11,554		31,836		1.2619		1.2186
2030		123.79		81,801.34		12,021		33,151		1.3210		1.2547
2031		126.76		84,771.05		12,493		34,513		1.3838		1.2948
2032		129.80		87,861.39		12,982		35,928		1.4496		1.3393
2033		132.92		91,074.55		13,491		37,402		1.5185		1.3882
2034		136.11		94,393.79		14,014		38,926		1.5907		1.4451
2035		139.38		97,827.83		14,555		40,505		1.6663		1.5109
2036		142.72		101,385.07		15,111		42,135		1.7456		1.5814
2037		146.15		105,068.14		15,684		43,817		1.8286		1.6558
2038		149.65		108,867.28		16,273		45,561		1.9155		1.7341
2039		153.24		112,800.11		16,883		47,372		2.0066		1.8163
2040		156.92		116,851.62		17,515		49,247		2.1020		1.9025
2041		160.69		121,000.47		18,169		51,193		2.2020		1.9929
2042		164.55		125,248.53		18,854		53,228		2.3067		2.0876
2043		168.49		129,641.14		19,572		55,360		2.4164		2.1868
2044		172.54		134,181.75		20,319		57,583		2.5313		2.2908
2045		176.68		138,872.19		21,098		59,903		2.6517		2.3997
2046		180.92		143,708.23		21,906		62,309		2.7778		2.5139
2047		185.26		148,702.71		22,745		64,808		2.9098		2.6334
2048		189.71		153,887.67		23,620		67,411		3.0482		2.7586
2049		194.26		159,287.71		24,540		70,149		3.1932		2.8898
2050		198.92		164,898.71		25,500		73,006		3.3450		3.0272
2051		203.70		170,724.79		26,501		75,982		3.5041		3.1712
2052		208.59		176,752.64		27,542		79,083		3.6707		3.3220
2053		213.59		182,988.89		28,625		82,310		3.8452		3.4799
2054		218.72		189,445.67		29,754		85,674		4.0281		3.6454
2055		223.97		196,130.90		30,932		89,182		4.2196		3.8188
2056		229.34		203,060.08		32,157		92,833		4.4203		4.0003
2057		234.85		210,244.82		33,435		96,638		4.6305		4.1906
2058		240.48		217,708.86		34,762		100,594		4.8507		4.3898
2059		246.26		225,456.48		36,141		104,706		5.0813		4.5986
2060		252.17		233,491.30		37,570		108,977		5.3230		4.8173
2061		258.22		241,818.10		39,056		113,422		5.5761		5.0463
2062		264.41		250,437.03		40,599		118,044		5.8412		5.2863
2063		270.76		259,357.27		42,201		122,846		6.1190		5.5377
2064		277.26		268,597.49		43,861		127,827		6.4100		5.8010
2065		283.91		278,165.31		45,583		132,996		6.7148		6.0768
2066		290.73		288,065.10		47,371		138,370		7.0341		6.3658
2067		297.70		298,312.05		49,229		143,961		7.3685		6.6685
2068		304.85		308,924.58		51,156		149,763		7.7189		6.9856
2069		312.17		319,922.90		53,152		155,778		8.0860		7.3178
2070		319.66		331,313.42		55,224		162,027		8.4705		7.6658
2071		327.33		343,101.00		57,380		168,532		8.8733		8.0303
2072		335.19		355,291.16		59,623		175,300		9.2952		8.4121
2073		343.23		367,899.38		61,958		182,349		9.7372		8.8121
2074		351.47		380,950.23		64,388		189,700		10.2003		9.2312
2075		359.90		394,448.33		66,921		197,375		10.6853		9.6701
2076		368.54		408,420.67		69,553		205,367		11.1934		10.1300
2077		377.38		422,897.36		72,298		213,706		11.7257		10.6117
2078		386.44		437,867.85		75,165		222,423		12.2832		11.1163
2079		395.72		453,345.00		78,159		231,530		12.8673		11.6449
2080		405.21		469,352.35		81,281		241,032		13.4792		12.1986
2081		414.94		485,923.07		84,534		250,949		14.1202		12.7787
2082		424.90		503,072.39		87,932		261,322		14.7916		13.3864
2083		435.10		520,806.40		91,479		272,167		15.4950		14.0229
2084		445.54		539,161.08		95,178		283,490		16.2318		14.6897
2085		456.23		558,173.45		99,039		295,310		17.0037		15.3882
2086		467.18		577,919.10		103,072		307,652		17.8122		16.1200
2087		478.39		598,397.17		107,280		320,526		18.6592		16.8865
2088		489.87		619,587.14		111,662		333,928		19.5465		17.6895
2089		501.63		641,506.49		116,225		347,878		20.4760		18.5307
2090		513.67		664,200.32		120,985		362,422		21.4497		19.4118
2091		526.00		687,712.06		125,946		377,569		22.4696		20.3349
2092		538.62		712,110.02		131,108		393,325		23.5381		21.3019
2093		551.55		737,445.02		136,474		409,695		24.6574		22.3148
2094		564.79		763,733.11		142,049		426,696		25.8299		23.3759
2095		578.34		790,959.99		147,837		444,359		27.0582		24.4875
2096		592.22		819,207.95		153,860		462,725		28.3448		25.6520
2097		606.43		848,285.49		160,085		481,809		29.6927		26.8718
2098		620.99		878,389.79		166,548		501,643		31.1046		28.1496
2099		635.89		909,567.42		173,251		522,231		32.5837		29.4881
2100		651.15		941,847.76		180,206		543,616		34.1331		30.8903
Low-cost:
2020		96.79		55,741.04		7,726		20,937		.9902		.9870
2021		100.00		59,648.50		8,351		22,906		1.0000		1.0123
2022		103.03		63,755.58		8,956		24,706		1.0159		1.0363
2023		106.12		66,712.89		9,523		26,140		1.0377		1.0597
2024		109.30		69,647.48		10,155		27,688		1.0652		1.0832
2025		112.58		72,991.20		10,758		29,286		1.1005		1.1078
2026		115.96		76,531.70		11,377		30,925		1.1456		1.1349
2027		119.44		80,275.57		12,030		32,616		1.2012		1.1656
2028		123.02		84,217.83		12,719		34,406		1.2675		1.2005
2029		126.71		88,345.11		13,445		36,289		1.3404		1.2399
2030		130.51		92,646.16		14,205		38,262		1.4185		1.2842
2031		134.43		97,172.71		14,957		40,337		1.5020		1.3336
2032		138.46		101,933.48		15,747		42,521		1.5904		1.3885
2033		142.61		106,939.63		16,578		44,820		1.6840		1.4495
2034		146.89		112,177.57		17,447		47,231		1.7831		1.5173
2035		151.30		117,663.23		18,356		49,759		1.8880		1.5927
2036		155.84		123,408.09		19,305		52,407		1.9991		1.6768
2037		160.51		129,422.06		20,298		55,182		2.1167		1.7703
2038		165.33		135,692.55		21,339		58,103		2.2413		1.8725
2039		170.29		142,239.23		22,434		61,180		2.3731		1.9818
2040		175.39		149,057.24		23,588		64,426		2.5128		2.0976
2041		180.66		156,136.64		24,807		67,851		2.6606		2.2204
2042		186.08		163,488.64		26,102		71,489		2.8172		2.3505
2043		191.66		171,182.78		27,477		75,350		2.9829		2.4885
2044		197.41		179,232.47		28,933		79,434		3.1585		2.6350
2045		203.33		187,654.61		30,473		83,756		3.3443		2.7900
2046		209.43		196,461.25		32,098		88,318		3.5411		2.9542
2047		215.71		205,677.29		33,814		93,130		3.7494		3.1280
2048		222.18		215,357.14		35,631		98,215		3.9701		3.3120
2049		228.85		225,547.28		37,563		103,622		4.2037		3.5069
2050		235.72		236,256.49		39,609		109,341		4.4510		3.7133
2051		242.79		247,504.23		41,771		115,380		4.7129		3.9318
2052		250.07		259,287.34		44,054		121,757		4.9902		4.1631
2053		257.57		271,630.19		46,462		128,482		5.2838		4.4081
2054		265.30		284,565.74		49,009		135,586		5.5947		4.6674
2055		273.26		298,123.58		51,697		143,081		5.9239		4.9421
2056		281.46		312,345.63		54,534		150,984		6.2725		5.2328
2057		289.90		327,268.65		57,530		159,321		6.6416		5.5407
2058		298.60		342,943.70		60,687		168,103		7.0323		5.8668
2059		307.56		359,397.57		64,012		177,352		7.4461		6.2120
2060		316.78		376,654.98		67,510		187,087		7.8843		6.5775
2061		326.29		394,745.95		71,197		197,348		8.3482		6.9645
2062		336.07		413,692.91		75,083		208,161		8.8394		7.3743
2063		346.16		433,535.18		79,176		219,545		9.3595		7.8082
2064		356.54		454,326.09		83,487		231,532		9.9102		8.2676
2065		367.24		476,105.30		88,026		244,148		10.4933		8.7541
2066		378.25		498,910.16		92,811		257,446		11.1107		9.2692
2067		389.60		522,793.03		97,862		271,477		11.7645		9.8146
2068		401.29		547,811.47		103,184		286,254		12.4567		10.3921
2069		413.33		574,033.73		108,786		301,802		13.1897		11.0035
2070		425.73		601,499.91		114,696		318,198		13.9658		11.6510
2071		438.50		630,256.59		120,943		335,514		14.7875		12.3365
2072		451.66		660,353.95		127,545		353,793		15.6576		13.0624
2073		465.21		691,854.81		134,522		373,102		16.5789		13.8310
2074		479.16		724,838.43		141,905		393,536		17.5544		14.6448
2075		493.54		759,356.70		149,714		415,164		18.5873		15.5065
2076		508.34		795,503.41		157,963		438,015		19.6810		16.4189
2077		523.59		833,380.65		166,693		462,190		20.8390		17.3850
2078		539.30		873,025.20		175,947		487,804		22.0652		18.4080
2079		555.48		914,524.82		185,759		514,946		23.3635		19.4911
2080		572.14		957,970.84		196,153		543,683		24.7382		20.6379
2081		589.31		1,003,475.98		207,153		574,095		26.1938		21.8523
2082		606.99		1,051,130.53		218,801		606,313		27.7350		23.1381
2083		625.20		1,101,009.09		231,132		640,432		29.3669		24.4995
2084		643.95		1,153,251.19		244,183		676,533		31.0949		25.9411
2085		663.27		1,207,986.36		257,982		714,686		32.9245		27.4674
2086		683.17		1,265,419.58		272,582		755,008		34.8618		29.0836
2087		703.67		1,325,638.28		288,024		797,611		36.9131		30.7949
2088		724.78		1,388,697.88		304,315		842,505		39.0850		32.6069
2089		746.52		1,454,727.95		321,506		889,828		41.3848		34.5254
2090		768.91		1,523,912.53		339,674		939,774		43.8199		36.5569
2091		791.98		1,596,454.72		358,842		992,404		46.3982		38.7079
2092		815.74		1,672,593.52		379,043		1,047,805		49.1283		40.9855
2093		840.21		1,752,527.94		400,326		1,106,104		52.0190		43.3971
2094		865.42		1,836,401.77		422,742		1,167,429		55.0798		45.9506
2095		891.38		1,924,287.31		446,347		1,231,982		58.3207		48.6543
2096		918.12		2,016,145.97		471,170		1,299,969		61.7523		51.5171
2097		945.67		2,112,330.20		497,316		1,371,590		65.3858		54.5484
2098		974.04		2,213,093.81		524,859		1,447,022		69.2331		57.7580
2099		1,003.26		2,318,683.17		553,866		1,526,444		73.3068		61.1565
2100		1,033.36		2,429,278.75		584,415		1,610,060		77.6201		64.7550
High-cost:
2020		97.52		55,467.53		7,691		20,937		.9902		.9870
2021		100.00		58,429.26		8,025		21,635		1.0000		1.0123
2022		101.44		59,127.30		7,947		21,774		1.0130		1.0362
2023		103.29		61,216.49		8,246		22,598		1.0282		1.0590
2024		105.15		62,482.94		8,524		23,431		1.0480		1.0813
2025		107.04		63,944.74		8,836		24,278		1.0728		1.1036
2026		108.97		65,675.50		9,134		25,155		1.1053		1.1266
2027		110.93		67,545.75		9,436		26,041		1.1447		1.1509
2028		112.92		69,439.08		9,728		26,905		1.1866		1.1763
2029		114.96		71,137.10		9,991		27,688		1.2307		1.2021
2030		117.03		72,816.93		10,245		28,478		1.2757		1.2285
2031		119.13		74,554.78		10,509		29,281		1.3221		1.2639
2032		121.28		76,345.23		10,779		30,102		1.3701		1.3092
2033		123.46		78,187.34		11,057		30,949		1.4198		1.3567
2034		125.68		80,064.50		11,339		31,814		1.4714		1.4060
2035		127.94		81,983.28		11,627		32,698		1.5249		1.4571
2036		130.25		83,951.42		11,917		33,595		1.5803		1.5100
2037		132.59		85,969.50		12,209		34,504		1.6377		1.5649
2038		134.98		88,032.50		12,502		35,426		1.6971		1.6217
2039		137.41		90,160.27		12,799		36,364		1.7588		1.6806
2040		139.88		92,331.59		13,098		37,313		1.8227		1.7417
2041		142.40		94,521.50		13,398		38,268		1.8889		1.8049
2042		144.96		96,727.30		13,705		39,247		1.9575		1.8705
2043		147.57		98,980.77		14,021		40,255		2.0286		1.9384
2044		150.23		101,281.33		14,345		41,287		2.1023		2.0088
2045		152.93		103,623.41		14,674		42,342		2.1787		2.0818
2046		155.68		105,994.81		15,007		43,411		2.2578		2.1574
2047		158.49		108,405.37		15,344		44,494		2.3398		2.2358
2048		161.34		110,876.45		15,690		45,604		2.4248		2.3170
2049		164.24		113,423.54		16,049		46,758		2.5129		2.4012
2050		167.20		116,040.38		16,418		47,945		2.6042		2.4884
2051		170.21		118,725.55		16,796		49,160		2.6987		2.5788
2052		173.27		121,466.75		17,183		50,407		2.7968		2.6725
2053		176.39		124,265.83		17,578		51,682		2.8984		2.7695
2054		179.57		127,126.79		17,985		52,996		3.0036		2.8701
2055		182.80		130,050.96		18,404		54,348		3.1128		2.9744
2056		186.09		133,041.95		18,834		55,736		3.2258		3.0824
2057		189.44		136,105.70		19,275		57,162		3.3430		3.1944
2058		192.85		139,253.81		19,728		58,626		3.4644		3.3104
2059		196.32		142,486.76		20,190		60,125		3.5903		3.4307
2060		199.85		145,802.66		20,660		61,654		3.7207		3.5553
2061		203.45		149,199.68		21,141		63,223		3.8558		3.6844
2062		207.11		152,674.16		21,632		64,829		3.9959		3.8183
2063		210.84		156,226.83		22,132		66,468		4.1410		3.9570
2064		214.64		159,866.06		22,639		68,135		4.2915		4.1007
2065		218.50		163,590.46		23,155		69,839		4.4473		4.2497
2066		222.43		167,396.19		23,682		71,579		4.6089		4.4040
2067		226.44		171,288.80		24,218		73,359		4.7763		4.5640
2068		230.51		175,275.33		24,763		75,171		4.9498		4.7298
2069		234.66		179,362.55		25,316		77,013		5.1296		4.9016
2070		238.89		183,549.49		25,876		78,889		5.3159		5.0796
2071		243.19		187,831.88		26,447		80,800		5.5090		5.2641
2072		247.56		192,205.52		27,029		82,753		5.7091		5.4553
2073		252.02		196,675.37		27,622		84,751		5.9165		5.6535
2074		256.56		201,250.27		28,227		86,795		6.1314		5.8589
2075		261.17		205,926.68		28,844		88,890		6.3541		6.0717
2076		265.87		210,713.31		29,472		91,031		6.5849		6.2922
2077		270.66		215,621.30		30,115		93,225		6.8241		6.5208
2078		275.53		220,634.41		30,774		95,483		7.0720		6.7576
2079		280.49		225,748.25		31,450		97,800		7.3289		7.0031
2080		285.54		230,969.71		32,140		100,171		7.5951		7.2575
2081		290.68		236,314.11		32,845		102,602		7.8710		7.5211
2082		295.91		241,780.75		33,571		105,115		8.1569		7.7943
2083		301.24		247,363.09		34,318		107,706		8.4532		8.0774
2084		306.66		253,071.18		35,085		110,370		8.7602		8.3708
2085		312.18		258,923.64		35,874		113,114		9.0784		8.6749
2086		317.80		264,955.53		36,687		115,941		9.4082		8.9900
2087		323.52		271,153.07		37,525		118,850		9.7499		9.3166
2088		329.34		277,491.32		38,384		121,833		10.1041		9.6550
2089		335.27		283,967.92		39,264		124,890		10.4711		10.0057
2090		341.31		290,592.58		40,169		128,029		10.8515		10.3691
2091		347.45		297,365.80		41,101		131,262		11.2456		10.7458
2092		353.71		304,312.45		42,062		134,590		11.6541		11.1361
2093		360.07		311,452.35		43,049		138,005		12.0775		11.5406
2094		366.55		318,781.05		44,060		141,507		12.5162		11.9598
2095		373.15		326,282.25		45,094		145,093		12.9708		12.3942
2096		379.87		334,040.43		46,164		148,769		13.4420		12.8445
2097		386.71		341,845.91		47,239		152,533		13.9302		13.3110
2098		393.67		349,827.17		48,339		156,390		14.4362		13.7945
2099		400.75		357,995.23		49,460		160,331		14.9606		14.2956
2100		407.97		366,355.23		50,602		164,353		15.5040		14.8149

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a CPI-W indexed to calendar year 2021. Historical values computed using the intermediate assumptions value for 2021. 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.