how to calculate the annual growth rate
with an example
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Answer:
Growth Percentage Over One Year = {\frac {FinalValue-StartValue}{StartValue}}*100[3]
Example Problem. A village grows from 150 people at the start of the year to 275 people at the end of the year. Calculate its growth percentage this year as follows:
Growth Percentage ={\frac {275-150}{150}}*100
={\frac {125}{150}}*100
≈ 0.8333*100
= 83.33\%
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To calculate an annual percentage growth rate over one year, subtract the starting value from the final value, then divide by the starting value. Multiply this result by 100 to get your growth rate displayed as a percentage. Keep reading to learn how to calculate annual growth over multiple years!
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