Annual basis

Annual basis

The technique in statistics of taking a figure covering a period of less than one year and extrapolating it to cover a full one year period. The process is known as annualizing.

Annual Basis

The expression of a variable in yearly terms even though the variable does not directly apply to a year. That is, a variable expressed on an annual basis has been mathematically converted to yearly terms. For example, if the return rate on an investment is 2% after one month, one computes the return on an annual basis by multiplying by twelve, resulting in a 24% return rate. A variable on an annual basis is often theoretical; there is often no guarantee that the return rate in the example above will be 24% if it is calculated after a month or two. An annual basis usually does not take into account the effects of compounding. It is also called annualization.
References in periodicals archive ?
For a second consecutive month, sales and median prices of single-family homes and condominiums each rose steadily on an annual basis in July, data from the Greater Boston Association of Realtors (GBAR) show.
However it has increased on annual basis by 11% compared to April 2014.
4% on an annual basis in 2015, according to data provided by Bulgariaas National Statistical Institute (NSI).
Total quantity or scope: - SAN amount of doors install base + - 2,900 doors, growth + - 20% on annual basis
26 percent on annual basis while the prices of the fifth category went up by 0.
6 percent in July on an annual basis, official data showed Thursday, snapping two months of contraction that underlined plummeting output in Asia's third-largest economy.
On an annual basis Private Sector Credit Extension rebounded after the previous month's slowdown, increasing 17.
THE FLOW of deposits into the domestic banking system recorded a drop in May on an annual basis, but increased slightly compared to April data, statistics released yesterday by Central Bank showed.
Housing loans increased in April of 2012 on an annual basis by 4.
6% lower on an annual basis in October, while lending for consumption and other purposes fell by 16.
9 percent on an annual basis, faster than April's 1 percent growth.
2 per cent on an annual basis as of 20 November 2009, as compared to 37.

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