The decade ahead  We can use our analysis to give us an indication of what growth in GDP and GDP per capita could be in the coming decade. This is not a forecast, but rather an illustration of two scenarios. Table 2 sets out two scenarios for the 2004-2014 period. We have seen these two scenarios before, in Figure 6.
The first scenario assumes that labour productivity will grow at 1.5% per annum, which is similar to the growth rate that we have had over the past 5 years. The second scenario assumes that labour productivity will grow at 2.0% per annum.