Assessing Global Potential Output Growth: April 2024 https://www.bankofcanada.ca/?p=238284 Euro area (left scale) United States (left scale) China (left scale) Emerging-market economies (left scale) Other regions (left scale) Potential output growth (right scale) Potential output growth, April 2023 MPR (right scale) Trend total factor productivity (left scale) Trend labour input (left scale) Capital deepening (left scale) Potential output growth (right scale) Potential output growth, April 2023 MPR (right scale) Trend total factor productivity (left scale) Trend labour input (left scale) Capital deepening (left scale) Potential output growth (right scale) Potential output growth, April 2023 MPR (right scale) Trend total factor productivity (left scale) Trend labour input (left scale) Capital deepening (left scale) Potential output growth (right scale) Potential output growth, April 2023 MPR (right scale) Trend total factor productivity (left scale) Trend labour input (left scale) Capital deepening (left scale) Potential output growth (right scale) Potential output growth, April 2023 MPR (right scale) Trend total factor productivity (left scale) Trend labour input (left scale) Capital deepening (left scale) Potential output growth (right scale) Potential output growth, April 2023 MPR (right scale) Foreign-born people without legal status Legal temporary residents Lawful permanent residents Total Base case Upside TFP risk scenario Downside TFP risk scenario Base case Upside TFP risk scenario Downside TFP risk scenario US-born Foreign-born 0.30.70.71.10.93.63.61.51.11.03.63.6 0.30.60.81.10.93.63.61.71.20.83.63.6 0.30.50.91.31.03.93.91.81.20.83.93.91.51.00.22.82.80.50.70.41.6 0.30.51.01.40.94.14.11.81.30.94.14.11.51.00.32.72.70.50.70.41.71.81.61.44.8 6.01.53.611.111.1 0.30.51.11.50.94.34.31.81.31.14.34.31.20.90.32.52.50.50.80.41.71.91.51.75.2 6.41.33.611.311.3 0.20.41.21.61.04.44.41.71.31.44.44.40.90.80.52.32.30.40.70.51.61.91.52.05.4 6.51.23.811.511.5 0.20.41.31.71.04.54.41.61.21.64.54.40.70.80.72.22.20.10.50.61.31.81.52.25.5 6.31.04.211.511.5 0.10.31.21.60.94.24.21.41.21.64.24.20.60.70.72.02.0-0.20.30.60.81.71.42.25.3 5.70.94.010.610.6 0.10.31.41.50.84.03.91.41.11.44.03.90.60.70.21.51.50.00.00.40.41.61.41.94.8 5.10.75.010.910.9 0.10.21.41.40.73.83.81.41.11.43.83.80.70.70.01.41.30.3-0.10.40.51.51.31.64.5 -100.0117.0786.0803.04.70.65.010.210.2 0.10.31.31.40.73.83.71.31.01.43.83.70.70.70.21.61.50.4-0.10.40.71.51.21.84.5 -104.042.0791.0729.04.30.34.59.29.2 0.10.31.31.40.63.73.61.30.91.53.73.60.70.80.41.81.70.5-0.10.30.71.31.21.84.3 13.0-125.0766.0654.04.10.14.48.58.5 0.10.31.21.30.63.53.51.20.91.53.53.50.70.80.51.91.70.70.00.20.91.31.11.74.1 132.0-63.0748.0817.03.8-0.24.38.08.0 0.10.31.21.30.63.43.41.20.81.53.43.40.70.70.62.01.80.70.20.11.11.21.01.73.9 46.0824.0769.01639.03.63.6-0.34.27.57.5 0.20.31.11.30.53.43.31.20.71.53.43.30.70.70.72.01.80.80.40.11.31.20.91.73.8 289.0376.0813.01478.062.265.23.43.4-0.44.07.07.0 0.20.31.11.20.43.23.21.10.71.43.23.20.70.60.61.91.60.90.50.11.51.10.81.83.7 26.0-18.0877.0885.062.365.23.33.3-0.54.16.86.8 0.20.31.01.30.43.23.21.10.61.53.23.20.80.50.61.81.60.90.50.21.61.10.81.93.8 -213.0473.0840.01100.062.266.03.13.1-0.54.06.56.5 0.20.31.01.30.43.33.21.00.61.63.33.20.80.40.71.91.70.90.60.21.71.71.00.82.13.9 200.0-339.0810.0671.062.365.72.92.9-0.63.96.26.2 0.20.31.01.30.43.23.20.90.61.73.23.20.90.30.82.01.80.40.60.31.31.50.90.82.23.93.9 -234.4-63.6713.0415.062.566.02.72.7-0.63.65.85.8 0.10.30.90.50.22.12.30.50.41.22.12.30.90.30.61.81.30.10.50.10.81.00.00.61.01.62.3 213.257.9537.0808.061.264.52.42.4-0.63.45.25.3 5.2 0.10.30.91.00.32.62.60.90.41.32.62.60.90.50.41.81.20.40.40.21.01.20.90.71.43.03.0 600.020.0551.51171.561.064.72.52.5-0.63.35.15.2 5.1 0.10.30.91.10.22.72.50.80.51.42.72.50.90.80.42.01.70.10.70.10.90.81.10.71.43.33.3 1900.060.0713.82673.861.565.92.22.2-0.73.24.84.8 4.7 0.20.40.81.20.32.92.71.10.51.42.92.71.01.00.42.31.80.30.90.11.31.31.40.81.43.63.5 2400.090.0806.53296.561.866.62.02.02.02.0-0.83.34.64.7 4.64.64.6 0.10.40.81.30.43.02.81.20.51.33.02.81.01.10.32.31.80.50.40.31.21.21.41.01.43.93.7 2400.090.0808.93298.92.12.11.92.1-0.82.94.34.5 4.34.34.1 0.10.30.81.40.43.02.81.20.41.43.02.81.10.90.22.21.80.60.20.31.11.11.51.01.74.13.7 1700.090.0811.22601.22.12.11.82.1-0.82.84.14.3 4.14.23.8 0.10.30.71.40.42.92.81.20.31.42.92.81.20.70.32.11.70.60.10.41.11.11.40.91.84.13.9 900.090.0813.61803.62.02.11.72.0-0.82.73.94.2 3.94.03.6 0.10.30.71.40.42.91.20.31.42.91.20.70.32.10.6-0.10.51.11.40.91.84.1 200.090.0816.01106.02.02.11.62.0-0.82.63.8 3.83.93.4 1.92.21.5 3.63.93.2 1.92.21.4 3.43.83.0 1.92.31.4 3.33.72.8