<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>The outlook for potential growth in China partly depends on TFP growth prospects</label>
    <description><![CDATA[Annual data

TFP is total factor productivity.

Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=238284</link>
</groupDetail>
<seriesDetail>
<series id="SAN_BENM20240412_C2B_S1">
<label>Base case</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SAN_BENM20240412_C2B_S2">
<label>Upside TFP risk scenario</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SAN_BENM20240412_C2B_S3">
<label>Downside TFP risk scenario</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2020-12-31"><v s="SAN_BENM20240412_C2B_S1">5.2</v></o>
<o d="2021-12-31"><v s="SAN_BENM20240412_C2B_S1">5.1</v></o>
<o d="2022-12-31"><v s="SAN_BENM20240412_C2B_S1">4.7</v></o>
<o d="2023-12-31"><v s="SAN_BENM20240412_C2B_S1">4.6</v><v s="SAN_BENM20240412_C2B_S3">4.6</v><v s="SAN_BENM20240412_C2B_S2">4.6</v></o>
<o d="2024-12-31"><v s="SAN_BENM20240412_C2B_S1">4.3</v><v s="SAN_BENM20240412_C2B_S3">4.1</v><v s="SAN_BENM20240412_C2B_S2">4.3</v></o>
<o d="2025-12-31"><v s="SAN_BENM20240412_C2B_S2">4.2</v><v s="SAN_BENM20240412_C2B_S3">3.8</v><v s="SAN_BENM20240412_C2B_S1">4.1</v></o>
<o d="2026-12-31"><v s="SAN_BENM20240412_C2B_S2">4.0</v><v s="SAN_BENM20240412_C2B_S1">3.9</v><v s="SAN_BENM20240412_C2B_S3">3.6</v></o>
<o d="2027-12-31"><v s="SAN_BENM20240412_C2B_S2">3.9</v><v s="SAN_BENM20240412_C2B_S1">3.8</v><v s="SAN_BENM20240412_C2B_S3">3.4</v></o>
<o d="2028-12-31"><v s="SAN_BENM20240412_C2B_S1">3.6</v><v s="SAN_BENM20240412_C2B_S2">3.9</v><v s="SAN_BENM20240412_C2B_S3">3.2</v></o>
<o d="2029-12-31"><v s="SAN_BENM20240412_C2B_S1">3.4</v><v s="SAN_BENM20240412_C2B_S2">3.8</v><v s="SAN_BENM20240412_C2B_S3">3.0</v></o>
<o d="2030-12-31"><v s="SAN_BENM20240412_C2B_S1">3.3</v><v s="SAN_BENM20240412_C2B_S2">3.7</v><v s="SAN_BENM20240412_C2B_S3">2.8</v></o>
</observations>
</data>