Average Annual Growth Rate


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Average Annual Growth Rate

The average growth of an investment over a given number of years. It is calculated simply by adding together the growth rate in each year in question and dividing by the number of years. For example, if a portfolio grows 10% in year 1, -5% in year 2, and 6% in year 3, the average annual growth rate is calculated as (10 - 5 + 6) / 3 = 3.67%.
References in periodicals archive ?
4 million units in 2002, while sales of tires to the replacement market will see an average annual growth rate of 1.
7 billion in 2005 and is expected to rise at an average annual growth rate (AAGR) of 5.
59 million barrels in 2003 at an average annual growth rate (AAGR) of 3.
Traffic on the facility has grown at an average annual growth rate (AAGR) of about 22.
Traffic on the facility has grown at an average annual growth rate (AAGR) of about 12% between fiscal years 1997-2006 and reflects eight toll increases.
STFC's dividend payments have been increased annually at a compound average annual growth rate of 15% since 1991.
customers now bank online, with the number growing at an average annual growth rate of 27 percent.
Traffic in 2005 was up about 1%, and has grown at an average annual growth rate (AAGR) of about 13% between fiscal-year (FY) 2000 and FY2006 and reflects 6 toll increases.
The launch of My Big Fish Games continues to power the company's annual growth rate of more than 250 percent per year since its inception four and a half years ago, far outpacing the industry's average annual growth rate of 30 percent.
One of the largest home appliance manufacturers in China with revenues of nearly 50 billion RMB and 30% average annual growth rate, Midea Group must efficiently leverage networking technology to service its 70,000 employees and 10 manufacturing bases.
Substantial new building and rising land values in the city have contributed to rapid assessed valuation gains of 43% and 46% in fiscals 2006 and 2007, respectively and a six-year average annual growth rate of 24%.
These results suggest average annual growth rates for the three-year period 2004 through 2006 totaled 2.

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