MLchartDataset catalogue

Annual percent change

Term · Economic statistics · MLC-T-ECS-000083

Compound annual growth rate in an index series over a period of more than 1 year; however, the annual percent change is the constant rate that can be applied to each year in a period, from the start to the end, that would give the same total result. It is calculated as (Ending Value/Starting Value)^(1/Number of Years)-1.

Table 1. Record
IdentifierMLC-T-ECS-000083
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON 
{
  "id": "MLC-T-ECS-000083",
  "term": "Annual percent change",
  "field": "Economic statistics",
  "definition": "Compound annual growth rate in an index series over a period of more than 1 year; however, the annual percent change is the constant rate that can be applied to each year in a period, from the start to the end, that would give the same total result. It is calculated as (Ending Value/Starting Value)^(1/Number of Years)-1.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/annual-percent-change/"
}

Record 81 of 2,141 in Economic statistics terminology (MLC-0116). Request the full dataset.