Average Annual Growth Rate


Also found in: Acronyms.

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 ?
It said Iran has planned investment of around US$2.3bn and plans to increase storage capacity from 8.75mn cubic meters in 2017 to 13.74mn cubic meters in 2022 at an average annual growth rate of nine per cent.
Use of asthma |inhalers was found to cut half a centimetre from an average annual growth rate of six to nine centimetres
Over the next 10 years, the sector is expected to create 245,000 jobs directly by 2023 registering average annual growth rate of about 4.1 per cent.
Over the next 10 years, the sector is expected to create 245,000 jobs directly by 2023, registering average annual growth rate of about 4.1 per cent.
The researchers discovered a temperature increase of just 1 degree Celsius in near-surface air temperatures in the tropics leads to an average annual growth rate of atmospheric carbon dioxide equivalent to one-third of the annual global emissions from combustion of fossil fuels and deforestation combined.
Riyadh: July 1 -- (BNA)-- The expenditures on the services of telecommunications and information technology in the Kingdom of Saudi Arabia amounted to SR 94 billion in 2012, compared to SR 21 billion in 2002, an average annual growth rate of 16%, according to the sisterly Saudi News Agency (SPA).
Riyadh, Sha'ban 22, 1434, Jul 1, 2013, SPA -- The expenditures on the services of telecommunications and information technology in the Kingdom of Saudi Arabia amounted to SR 94 billion in 2012, compared to SR 21 billion in 2002, an average annual growth rate of 16%.
Rabat - Morocco ranked as the world's sixth largest tomato exporter in 2010 and recorded an average annual growth rate of 5.8pc in the 1990-2010 period, says the ministry of economy and finance.
The non-life markets, which accounted for $35bn in 2011, grew at an average annual growth rate of 7.5 per cent, while the life markets, accounting for $6.6bn expanded by 10.1pc per annum, adjusted for inflation.
The non-life markets, which accounted for $35 billion in 2011, grew at an average annual growth rate of 7.5 per cent, while the life markets, accounting for $6.6 billion expanded by 10.1 per cent per annum, adjusted for inflation, said a report in our sister publication, the Gulf Daily News.
John Grant, OAG's executive vice president, said: "The Middle East's low-fare sector has demonstrated a dramatic pace of growth in the last decade, with an average annual growth rate of 52% compared to traditional carriers who have grown at an average rate of 7% annually.
It is estimated that the construction sector will achieve an average annual growth rate of 11.4%, according to the Qatar Statistics Authority.

Full browser ?