Single-Year Tables Historical Data Intermediate Assumptions Low-Cost Assumptions High-Cost Assumptions


Table VI.G6.- Selected Economic Variables,
Calendar Years 1970-2090

[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:
1970   16.68   $6,186.24   $404   $1,076   0.0509   0.0433
1971   17.41   6,497.08   415   1,168   .0547   .0455
1972   18.01   7,133.80   471   1,282   .0580   .0480
1973   19.12   7,580.16   547   1,429   .0615   .0507
1974   21.22   8,030.76   621   1,549   .0656   .0537
1975   23.14   8,630.92   648   1,689   .0706   .0571
1976   24.47   9,226.48   719   1,878   .0759   .0609
1977   26.05   9,779.44   796   2,086   .0815   .0651
1978   28.06   10,556.03   894   2,357   .0873   .0697
1979   31.27   11,479.46   1,047   2,632   .0946   .0748
1980   35.46   12,513.46   1,148   2,862   .1035   .0808
1981   39.10   13,773.10   1,274   3,211   .1152   .0883
1982   41.45   14,531.34   1,337   3,345   .1310   .0976
1983   42.69   15,239.24   1,484   3,638   .1483   .1083
1984   44.19   16,135.07   1,590   4,041   .1651   .1204
1985   45.73   16,822.51   1,713   4,347   .1862   .1341
1986   46.46   17,321.82   1,826   4,590   .2069   .1491
1987   48.12   18,426.51   1,956   4,870   .2237   .1649
1988   50.05   19,334.04   2,090   5,253   .2429   .1813
1989   52.44   20,099.55   2,235   5,658   .2648   .1988
1990   55.18   21,027.98   2,356   5,980   .2882   .2176
1991   57.45   21,811.60   2,420   6,174   .3136   .2376
1992   59.12   22,935.42   2,529   6,539   .3390   .2589
1993   60.79   23,132.67   2,633   6,879   .3635   .2810
1994   62.28   23,753.53   2,780   7,309   .3859   .3040
1995   64.08   24,705.66   2,913   7,664   .4136   .3281
1996   65.92   25,913.90   3,065   8,100   .4425   .3535
1997   67.42   27,426.00   3,276   8,609   .4721   .3802
1998   68.32   28,861.44   3,516   9,089   .5038   .4082
1999   69.81   30,469.84   3,737   9,661   .5325   .4372
2000   72.25   32,154.82   3,992   10,285   .5642   .4674
2001   74.22   32,921.92   4,158   10,622   .5999   .4989
2002   75.24   33,252.09   4,238   10,978   .6317   .5314
2003   76.91   34,064.95   4,343   11,511   .6628   .5644
2004   78.92   35,648.55   4,540   12,275   .6901   .5974
2005   81.70   36,952.94   4,747   13,094   .7199   .6306
2006   84.31   38,651.41   5,023   13,856   .7513   .6646
2007   86.74   40,405.48   5,250   14,478   .7879   .6997
2008   90.28   41,334.97   5,413   14,719   .8251   .7359
2009   89.67   40,711.61   5,255   14,419   .8553   .7726
2010   91.53   41,673.83   5,290   14,964   .8805   .8093
2011   94.78   42,979.61   5,466   15,518   .9049   .8459
2012   96.77   44,321.67   5,685   16,155   .9269   .8819
2013   98.10   44,888.16   5,888   16,663   .9405   .9166
2014   99.57   46,481.52   6,156   17,348   .9582   .9504

Intermediate:
2015   99.14   47,730.20   6,370   17,956   .9801   .9834
2016   100.00   49,121.32   6,611   18,659   1.0000   1.0159
2017   102.76   51,467.41   7,038   19,677   1.0244   1.0479
2018   105.48   53,929.00   7,452   20,745   1.0617   1.0806
2019   108.23   56,341.78   7,876   21,836   1.1068   1.1148
2020   111.04   58,754.57   8,310   22,948   1.1567   1.1505
2021   113.93   61,237.90   8,748   24,081   1.2112   1.1879
2022   116.89   63,735.69   9,182   25,204   1.2702   1.2269
2023   119.93   66,277.05   9,614   26,327   1.3345   1.2680
2024   123.05   68,952.47   10,066   27,499   1.4043   1.3119
2025   126.25   71,668.95   10,528   28,719   1.4790   1.3587
2026   129.53   74,437.24   10,991   30,009   1.5585   1.4102
2027   132.90   77,326.64   11,471   31,353   1.6422   1.4685
2028   136.35   80,343.84   11,966   32,741   1.7304   1.5342
2029   139.90   83,482.09   12,477   34,179   1.8233   1.6082
2030   143.53   86,735.71   13,009   35,680   1.9212   1.6916
2031   147.26   90,115.26   13,561   37,238   2.0244   1.7825
2032   151.09   93,625.61   14,135   38,859   2.1331   1.8782
2033   155.02   97,269.11   14,737   40,557   2.2477   1.9791
2034   159.05   101,031.82   15,364   42,330   2.3684   2.0853
2035   163.19   104,911.08   16,021   44,187   2.4955   2.1973
2036   167.43   108,931.61   16,704   46,118   2.6296   2.3153
2037   171.78   113,102.88   17,424   48,150   2.7708   2.4397
2038   176.25   117,430.94   18,184   50,295   2.9196   2.5707
2039   180.83   121,921.13   18,977   52,536   3.0764   2.7087
2040   185.53   126,583.75   19,809   54,881   3.2416   2.8542
2041   190.36   131,431.33   20,682   57,338   3.4156   3.0075
2042   195.31   136,476.18   21,593   59,901   3.5991   3.1690
2043   200.39   141,726.36   22,550   62,592   3.7923   3.3391
2044   205.60   147,193.50   23,551   65,402   3.9960   3.5185
2045   210.94   152,870.45   24,583   68,304   4.2106   3.7074
2046   216.43   158,767.29   25,665   71,346   4.4367   3.9065
2047   222.05   164,898.25   26,791   74,512   4.6750   4.1163
2048   227.83   171,271.51   27,962   77,804   4.9260   4.3373
2049   233.75   177,889.55   29,183   81,238   5.1906   4.5703
2050   239.83   184,745.46   30,455   84,817   5.4693   4.8157
2051   246.06   191,866.32   31,778   88,537   5.7630   5.0743
2052   252.46   199,241.32   33,154   92,414   6.0725   5.3468
2053   259.02   206,891.99   34,586   96,452   6.3986   5.6340
2054   265.76   214,820.59   36,074   100,654   6.7422   5.9365
2055   272.67   223,035.42   37,622   105,031   7.1043   6.2553
2056   279.76   231,557.91   39,232   109,587   7.4858   6.5912
2057   287.03   240,401.10   40,905   114,331   7.8878   6.9452
2058   294.50   249,580.05   42,650   119,279   8.3114   7.3182
2059   302.15   259,099.95   44,465   124,435   8.7577   7.7112
2060   310.01   268,973.83   46,355   129,808   9.2280   8.1253
2061   318.07   279,194.63   48,321   135,413   9.7236   8.5616
2062   326.34   289,785.95   50,369   141,264   10.2458   9.0214
2063   334.82   300,750.46   52,504   147,373   10.7960   9.5059
2064   343.53   312,110.32   54,730   153,755   11.3758   10.0163
2065   352.46   323,866.96   57,050   160,417   11.9867   10.5542
2066   361.62   336,038.39   59,467   167,373   12.6304   11.1210
2067   371.03   348,650.08   61,987   174,635   13.3087   11.7182
2068   380.67   361,728.50   64,615   182,214   14.0234   12.3475
2069   390.57   375,300.64   67,357   190,124   14.7765   13.0106
2070   400.73   389,381.61   70,219   198,390   15.5700   13.7093
2071   411.14   403,985.80   73,207   207,026   16.4061   14.4455
2072   421.83   419,131.19   76,326   216,047   17.2872   15.2213
2073   432.80   434,831.66   79,577   225,462   18.2155   16.0387
2074   444.05   451,109.11   82,963   235,288   19.1937   16.9000
2075   455.60   467,975.33   86,490   245,548   20.2245   17.8076
2076   467.45   485,465.22   90,164   256,255   21.3106   18.7639
2077   479.60   503,616.37   93,994   267,422   22.4550   19.7715
2078   492.07   522,446.97   97,985   279,069   23.6609   20.8333
2079   504.86   541,985.53   102,151   291,226   24.9315   21.9521
2080   517.99   562,255.34   106,495   303,911   26.2704   23.1310
2081   531.46   583,277.29   111,022   317,131   27.6811   24.3731
2082   545.27   605,077.42   115,734   330,903   29.1677   25.6820
2083   559.45   627,693.28   120,639   345,243   30.7340   27.0612
2084   574.00   651,172.96   125,747   360,174   32.3845   28.5144
2085   588.92   675,560.16   131,067   375,722   34.1236   30.0457
2086   604.23   700,888.40   136,610   391,918   35.9561   31.6592
2087   619.94   727,190.75   142,385   408,793   37.8870   33.3594
2088   636.06   754,481.07   148,399   426,374   39.9216   35.1509
2089   652.60   782,786.13   154,658   444,693   42.0655   37.0386
2090   669.57   812,158.51   161,175   463,784   44.3245   39.0276

Low-cost:
2015   98.79   47,738.57   6,370   17,960   .9801   .9834
2016   100.00   49,447.98   6,685   18,843   1.0000   1.0161
2017   103.63   52,465.16   7,250   20,219   1.0322   1.0489
2018   107.03   55,650.39   7,809   21,655   1.0838   1.0839
2019   110.46   58,743.24   8,388   23,097   1.1411   1.1217
2020   113.99   61,849.15   8,976   24,560   1.2030   1.1623
2021   117.64   65,032.70   9,566   26,035   1.2706   1.2061
2022   121.40   68,392.20   10,172   27,550   1.3437   1.2536
2023   125.29   71,951.98   10,805   29,135   1.4252   1.3056
2024   129.30   75,746.74   11,479   30,806   1.5157   1.3633
2025   133.43   79,674.91   12,183   32,556   1.6142   1.4270
2026   137.70   83,744.45   12,882   34,426   1.7190   1.4981
2027   142.11   88,040.25   13,614   36,395   1.8308   1.5780
2028   146.66   92,575.25   14,380   38,458   1.9499   1.6675
2029   151.35   97,346.73   15,183   40,625   2.0767   1.7677
2030   156.19   102,353.16   16,031   42,912   2.2117   1.8798
2031   161.19   107,613.72   16,923   45,320   2.3555   2.0020
2032   166.35   113,140.37   17,863   47,860   2.5087   2.1322
2033   171.67   118,940.49   18,862   50,554   2.6718   2.2709
2034   177.17   125,001.24   19,918   53,404   2.8455   2.4185
2035   182.84   131,327.31   21,040   56,428   3.0306   2.5758
2036   188.69   137,959.69   22,225   59,619   3.2276   2.7433
2037   194.73   144,918.39   23,489   63,020   3.4375   2.9217
2038   200.96   152,219.62   24,840   66,652   3.6610   3.1116
2039   207.39   159,879.36   26,273   70,498   3.8991   3.3140
2040   214.02   167,921.92   27,797   74,581   4.1526   3.5295
2041   220.87   176,376.92   29,418   78,919   4.4226   3.7590
2042   227.94   185,272.84   31,139   83,513   4.7102   4.0034
2043   235.23   194,633.93   32,972   88,401   5.0165   4.2637
2044   242.76   204,494.88   34,917   93,580   5.3427   4.5409
2045   250.53   214,861.87   36,962   99,022   5.6901   4.8362
2046   258.55   225,762.37   39,136   104,800   6.0601   5.1507
2047   266.82   237,236.29   41,434   110,900   6.4541   5.4856
2048   275.36   249,310.71   43,860   117,336   6.8738   5.8423
2049   284.17   262,004.02   46,426   124,137   7.3207   6.2222
2050   293.26   275,323.92   49,138   131,321   7.7968   6.6268
2051   302.65   289,327.17   52,002   138,896   8.3037   7.0577
2052   312.33   304,016.85   55,026   146,897   8.8437   7.5166
2053   322.33   319,442.27   58,218   155,339   9.4187   8.0053
2054   332.64   335,625.77   61,584   164,243   10.0312   8.5259
2055   343.29   352,602.26   65,137   173,643   10.6834   9.0803
2056   354.27   370,426.30   68,890   183,565   11.3781   9.6707
2057   365.61   389,142.96   72,853   194,045   12.1180   10.2995
2058   377.31   408,799.47   77,045   205,124   12.9059   10.9692
2059   389.38   429,428.18   81,473   216,829   13.7451   11.6825
2060   401.84   451,078.57   86,155   229,200   14.6389   12.4421
2061   414.70   473,767.18   91,100   242,282   15.5908   13.2512
2062   427.97   497,562.34   96,332   256,127   16.6045   14.1128
2063   441.67   522,499.69   101,868   270,785   17.6842   15.0305
2064   455.80   548,651.82   107,732   286,314   18.8341   16.0078
2065   470.39   576,054.69   113,939   302,759   20.0588   17.0487
2066   485.44   604,774.72   120,508   320,173   21.3631   18.1573
2067   500.97   634,895.46   127,466   338,617   22.7522   19.3380
2068   517.00   666,502.00   134,837   358,151   24.2316   20.5954
2069   533.55   699,686.47   142,649   378,839   25.8073   21.9346
2070   550.62   734,521.01   150,927   400,758   27.4854   23.3609
2071   568.24   771,079.33   159,705   423,991   29.2726   24.8799
2072   586.42   809,447.26   169,008   448,604   31.1760   26.4977
2073   605.19   849,702.07   178,858   474,664   33.2032   28.2207
2074   624.56   891,936.36   189,284   502,266   35.3622   30.0557
2075   644.54   936,225.61   200,313   531,492   37.6616   32.0100
2076   665.17   982,693.67   211,983   562,426   40.1105   34.0914
2077   686.45   1,031,481.27   224,329   595,144   42.7186   36.3082
2078   708.42   1,082,694.24   237,392   629,745   45.4964   38.6691
2079   731.09   1,136,462.83   251,221   666,350   48.4547   41.1835
2080   754.48   1,192,904.72   265,851   705,051   51.6055   43.8615
2081   778.63   1,252,134.96   281,315   745,939   54.9611   46.7135
2082   803.54   1,314,289.29   297,648   789,105   58.5348   49.7510
2083   829.26   1,379,527.53   314,894   834,659   62.3410   52.9860
2084   855.79   1,448,037.71   333,111   882,730   66.3947   56.4314
2085   883.18   1,520,008.42   352,357   933,466   70.7119   60.1008
2086   911.44   1,595,612.08   372,690   987,012   75.3099   64.0088
2087   940.61   1,675,021.85   394,169   1,043,525   80.2068   68.1709
2088   970.71   1,758,378.66   416,854   1,103,186   85.4222   72.6036
2089   1,001.77   1,845,851.35   440,810   1,166,184   90.9767   77.3246
2090   1,033.82   1,937,676.32   466,117   1,232,721   96.8924   82.3525

High-cost:
2015   99.98   47,686.76   6,366   17,943   .9801   .9834
2016   100.00   48,298.98   6,488   18,299   1.0000   1.0158
2017   102.44   49,518.62   6,617   18,757   1.0169   1.0469
2018   104.63   51,416.70   6,952   19,490   1.0404   1.0778
2019   106.72   53,305.83   7,241   20,275   1.0755   1.1091
2020   108.86   55,122.98   7,544   21,065   1.1151   1.1407
2021   111.03   56,973.96   7,845   21,862   1.1579   1.1724
2022   113.25   58,817.79   8,146   22,670   1.2039   1.2038
2023   115.52   60,655.65   8,447   23,483   1.2540   1.2349
2024   117.83   62,523.17   8,749   24,309   1.3079   1.2658
2025   120.19   64,321.07   9,042   25,140   1.3641   1.2964
2026   122.59   66,026.52   9,334   25,982   1.4219   1.3288
2027   125.04   67,766.23   9,622   26,830   1.4823   1.3650
2028   127.54   69,567.88   9,913   27,691   1.5452   1.4036
2029   130.09   71,421.09   10,209   28,570   1.6108   1.4687
2030   132.70   73,319.47   10,513   29,477   1.6791   1.5462
2031   135.35   75,269.44   10,823   30,405   1.7504   1.6119
2032   138.06   77,272.87   11,142   31,358   1.8247   1.6803
2033   140.82   79,330.65   11,471   32,345   1.9021   1.7516
2034   143.63   81,431.30   11,810   33,361   1.9829   1.8259
2035   146.51   83,570.21   12,159   34,409   2.0670   1.9034
2036   149.44   85,763.06   12,515   35,479   2.1547   1.9842
2037   152.43   88,014.73   12,885   36,590   2.2462   2.0684
2038   155.47   90,327.10   13,270   37,748   2.3415   2.1562
2039   158.58   92,699.84   13,664   38,936   2.4409   2.2477
2040   161.75   95,135.81   14,071   40,162   2.5445   2.3431
2041   164.99   97,639.15   14,492   41,428   2.6525   2.4425
2042   168.29   100,212.52   14,924   42,728   2.7650   2.5462
2043   171.66   102,856.13   15,373   44,078   2.8824   2.6542
2044   175.09   105,577.03   15,835   45,468   3.0047   2.7669
2045   178.59   108,367.47   16,302   46,875   3.1322   2.8843
2046   182.16   111,232.78   16,785   48,332   3.2651   3.0067
2047   185.81   114,181.13   17,278   49,823   3.4037   3.1343
2048   189.52   117,211.61   17,782   51,347   3.5482   3.2673
2049   193.31   120,320.77   18,297   52,909   3.6988   3.4060
2050   197.18   123,500.22   18,824   54,511   3.8557   3.5506
2051   201.12   126,761.96   19,363   56,149   4.0194   3.7012
2052   205.14   130,092.97   19,914   57,832   4.1900   3.8583
2053   209.25   133,503.94   20,478   59,559   4.3678   4.0221
2054   213.43   136,992.30   21,055   61,330   4.5531   4.1928
2055   217.70   140,558.33   21,645   63,148   4.7464   4.3707
2056   222.05   144,211.04   22,249   65,012   4.9478   4.5562
2057   226.50   147,954.03   22,866   66,923   5.1578   4.7496
2058   231.03   151,792.03   23,499   68,889   5.3767   4.9511
2059   235.65   155,724.46   24,147   70,907   5.6049   5.1613
2060   240.36   159,754.04   24,810   72,980   5.8428   5.3803
2061   245.17   163,870.65   25,488   75,109   6.0907   5.6086
2062   250.07   168,083.45   26,183   77,299   6.3492   5.8467
2063   255.07   172,387.83   26,893   79,550   6.6187   6.0948
2064   260.17   176,791.42   27,623   81,867   6.8996   6.3535
2065   265.38   181,290.58   28,370   84,250   7.1924   6.6231
2066   270.68   185,889.05   29,135   86,700   7.4976   6.9042
2067   276.10   190,595.32   29,919   89,218   7.8158   7.1972
2068   281.62   195,417.74   30,722   91,802   8.1475   7.5027
2069   287.25   200,364.32   31,546   94,458   8.4933   7.8211
2070   293.00   205,436.00   32,392   97,193   8.8538   8.1530
2071   298.86   210,633.51   33,261   100,006   9.2295   8.4990
2072   304.83   215,958.24   34,154   102,903   9.6212   8.8597
2073   310.93   221,410.25   35,070   105,881   10.0296   9.2357
2074   317.15   226,994.61   36,007   108,942   10.4552   9.6277
2075   323.49   232,710.81   36,967   112,090   10.8989   10.0363
2076   329.96   238,569.21   37,949   115,323   11.3615   10.4622
2077   336.56   244,580.87   38,955   118,642   11.8437   10.9062
2078   343.29   250,745.68   39,987   122,053   12.3463   11.3691
2079   350.16   257,068.70   41,049   125,563   12.8703   11.8516
2080   357.16   263,552.88   42,139   129,172   13.4165   12.3546
2081   364.30   270,199.92   43,258   132,881   13.9859   12.8789
2082   371.59   277,013.28   44,406   136,689   14.5795   13.4255
2083   379.02   284,001.87   45,582   140,597   15.1982   13.9953
2084   386.60   291,177.44   46,789   144,609   15.8432   14.5892
2085   394.33   298,548.17   48,028   148,733   16.5156   15.2084
2086   402.22   306,117.86   49,302   152,970   17.2165   15.8539
2087   410.27   313,889.88   50,611   157,325   17.9472   16.5267
2088   418.47   321,860.48   51,955   161,803   18.7089   17.2281
2089   426.84   330,029.42   53,333   166,406   19.5029   17.9592
2090   435.38   338,407.02   54,747   171,138   20.3306   18.7214

a CPI-W indexed to calendar year 2016. Historical values computed using the intermediate assumptions value for 2016.
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 outgo 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.