6  Potential growth is weakening broadly across Asia with all drivers – TFP growth, labour force growth, and capital accumulation – slackening. East Asia is expected to be the EMDE region with the sharpest decline in both aggregate and per capita potential growth during 2022-30, mainly reflecting slower capital accumulation and TFP growth.
The second largest decline in potential growth in 2022-30 is projected for central Asia from the continued weakness in labour force growth. Potential growth is projected to rise in west Asia in 2022-30 as strengthening TFP growth offsets demographic headwinds to potential growth.