Bio

Lin Xiang is a Senior Economist in the Overseas Economies Division of the International Economic Analysis Department. Prior to joining the Bank, Lin worked as a research analyst in a macroeconomics and investment research company. Her research interests include international macroeconomics and financial markets. Lin received her MSc in Finance from Concordia University. She is a CFA charterholder.


Staff analytical notes

Assessing global potential output growth: April 2024

This note presents the annual update of Bank of Canada staff estimates for growth in global potential output. These estimates serve as key inputs to the analysis supporting the April 2024 Monetary Policy Report.
Content Type(s): Staff research, Staff analytical notes Topic(s): Potential output, Productivity JEL Code(s): E, E1, E2, F, F0, O, O4

Assessing global potential output growth and the US neutral rate: April 2023

We expect global potential output growth to increase from 2.5% in 2022 to 2.8% by 2026. Compared with the April 2022 staff assessment, global potential output growth is marginally slower. The current range for the US neutral rate is 2% to 3%, unchanged from the last annual assessment.

Assessing global potential output growth and the US neutral rate: April 2022

We expect global potential output growth to increase from 2.7% in 2021 to 2.9% by 2024. Compared with the April 2021 assessment, global potential output growth is marginally slower. The current range for the US neutral rate is 2% to 3%, 0.25 percentage points higher than staff’s last assessment.

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