Compound annual rate
Term · Economic statistics · MLC-T-ECS-000346
Increases and decreases in a measure over time, expressed as a constant rate of change.
Note: Quarterly rates of change typically are expressed as a compound annual rate, which is an annualized rate - what the annual rate would be if the quarterly rate were maintained for the entire year.
| Identifier | MLC-T-ECS-000346 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-000346",
"term": "Compound annual rate",
"field": "Economic statistics",
"definition": "Increases and decreases in a measure over time, expressed as a constant rate of change.\n\nNote: Quarterly rates of change typically are expressed as a compound annual rate, which is an annualized rate - what the annual rate would be if the quarterly rate were maintained for the entire year.",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/compound-annual-rate/"
}
Record 346 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.