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 ?
Within Europe, SBR production capacity is expected to increase from 1.58mtpa in 2018 to 1.66mtpa in 2023, at an AAGR of 1 per cent.
The growth of affluent individuals in China is expected to be particularly pronounced for HNW individuals, who are anticipated to record an AAGR of 10% over the next four years, making China one of the most attractive wealth markets globally.
It is expected to increase from 23.15 mtpa in 2018 to 33.82 mtpa in 2023, at an AAGR of 7.6 per cent.
The country's degasification capacity will increase from 264.8 bcf in 2017 to 1,335.8 bcf in 2022 at an AAGR of 32.4 per cent.
Based on savings and investments coefficients above 40% in the last three decades, China's GDP per capita--measured in 2000 $US--increased with an AAGR of 8.8% during 1980-2011, i.e.
had been growing at an AAGR (average annual growth rate) of 6% since 1960, and the decline in the 2007-2009 period has now been reversed, with growth rates of 15% anticipated, says JEC, which predicts that growth will be driven primarily by automotive and transportation, wind energy, and aerospace sectors.
BP Statistical Review of World Energy (June 2011) research shows that between 2000and 2011, the demand-supply gap for natural gas in Asia Pacific increased at an Annual Average Growth Rate (AAGR) of around 13.4 percent.
From 2000 to 2010, it developed slowly and stably, with an average annual growth rate (AAGR) of 14 percent.
Total operating revenues and operating expenses increased at a five year average annual growth rate (AAGR) from fiscal 2003-2008 of 6.3% and 8.1% respectively, resulting in an operating margin of 48.5% for 2008.
Table 1 Rate of Growth of remittances 1995-2009 Years Rate of Years Rate of growth growth 1995 2004 21.88% 1996 15.00% 2005 18.32% 1997 15.18% 2006 17.88% 1998 15.66% 2007 1.96% 1999 5.02% 2008 -3.57% 2000 11.22% 2009 -15.74% 2001 35.34% AAGR 2009-1995 11.68% 2002 10.33% AAGR1995-2003 15.66% 2003 53.25% |AAGR 2009-2003 4.89% Source: Own elaboration with data from El Banco de Mexico (Banxico).
Korea 4,816 6,087 6,400 6,650 6,920 7,270 Other Asias 2,965 3,437 3,670 4,105 4,520 4,860 Asia Total 38,559 43,680 51,690 54,960 58,860 62,120 World Production 44,504 55,082 58.690 61,865 65,750 69,035 China Share 36.2% 40.3% 43.0% 44.0% 44.6% 45.6% REGION 09/14 AAGR Americas 3.29% Europe 2.87% Others 5.20% Subtotal 3.12% China 14.70% Japan 3.76% Taiwan 7.35% S.