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Average Annual Growth Rate

   Also found in: Acronyms, Wikipedia 0.01 sec.
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%.


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In the long run, Chinese GDP will remain an average annual growth rate of 8%-9% with the recovery of the global economy.
1 billion this year, and to surge to US$24 billion in 2012 at an average annual growth rate of 12% during the span.
Tasmania had the fastest average annual growth rate since 1998, with 37.
 
 
 
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