Figure ES.

6 Growth was driven by capital accumulation,

GDP growth decomposition, share in total, 1995-2017
100%

80%
Contribution to growth (percent)

60%

TFP
Employment

40%

Avg hours
Labor quality

20%

Capital

0%

-20%

-40%
1
9
9
5
-
2
0
1
7

1
9
9
5
-
1
9
9
9

1
9
9
9
-
2
0
0
4

2
0
0
4
-
2
0
0
7

2
0
0
7
-
2
0
1
1

2
0
1
1
-
2
0
1
7