The term "growth rate" is used in industry, economics, and finance. This is a statistical value that allows you to analyze the dynamics of ongoing processes, the speed and intensity of the development of a phenomenon. To determine the growth rate, it is necessary to compare the values obtained at regular intervals.
Instructions
Step 1
Determine the period of time over which you need to calculate the average growth rate. Usually, a calendar year or a multiple of it is taken for such a period. This makes it possible to eliminate the influence of such a factor as seasonality, due to a change in climatic conditions. In the case when the study period is equal to a year, it is said about the average annual growth rate.
Step 2
Growth rate is a relative concept. It characterizes the change in indicators relative to some initial value. For the average annual growth rate, such an initial value will be the indicators obtained on January 1 - the beginning of the year (By). Decide for yourself what indicators you will take into account, they are chain and basic. Chains characterize the intensity of changes in indicators between two adjacent periods or dates. The baseline shows the changes in each period in relation to the baseline, which is usually taken as the initial value.
Step 3
Determine the absolute values of those indicators for which you need to calculate the average growth rate. In this case, if the study period is a year, determine the 12 values obtained on the last date of each month (Pi).
Step 4
Determine the absolute growth rate for each month (APi). If you are using baselines, then APi = Po - Pi. To determine the average annual growth, add all 12 monthly growth rates and divide the sum by 12. This will be the average growth of indicators (P) for the year.
Step 5
The average basic growth rate (KB) for the year is equal to KB = P / Po, express this indicator as a percentage and you will determine the average growth rate for the desired period (ТРсг): ТРсг = Кб * 100%.
