growth rate


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Growth Rate

The amount by which a variable increases over a given period of time as a percentage of its previous value. For example, a 3% growth rate in GDP for a year means that the value of an economy is 103% of the value of the previous year.

growth rate

The annual rate at which a variable, such as gross domestic product or a firm's earnings, has been or is expected to grow. One common method of estimating future growth rate is simply to measure a variable's past growth rate and then project a continuation of the trend.

Growth rate.

A growth rate measures the percentage increase in the value of a variety of markets, companies, or operations.

For example, a stock research firm typically tracks the rate at which a company's sales and earnings have grown as one of the factors in evaluating whether to recommend that investors purchase, hold, or sell its shares.

Similarly, the rate at which the gross domestic product grows is a measure of the strength of the US economy.

If you want to compare the vigor of entities or elements of different sizes, it's more accurate to look at growth rate than it is to look at the actual numerical change in value. For example, an emerging market might be growing at a much faster rate than a developed one even though the size of those economies is vastly different.

References in periodicals archive ?
Concerning the currency breakdown, the annual growth rate of outstanding euro-denominated debt securities was 3.5% in June 2019, compared with 3.3% in May.
The 3.29percent growth rate is the lowest in nine years.
After witnessing a 4% growth rate in the last fiscal year, the agricultural sector only grew 0.85% this time, as the government missed all its sub-sector targets except livestock.
For the important crops they have envisaged an average growth rate of 2.6 percent from 2018-19 to 2022-23, with expected negative growth of 0.8 percent in 2018-19, 3.2 percent in 2019-20, 3.5 percent in 2020-21, 3.5 percent in 2021-22, and 3.5 percent in 2022-23.
Other Asian countries like Mongolia, Singapore, South Korea and Brunei has shown steady decrease in their GDP growth rates in comparison to their growth rates of 2017.
It reported 2017 revenue of $5.7 million, with a 187 percent growth rate over three years.
For agriculture sector, the government is projecting a growth rate of 3.8 percent for FY 2018-19 and 7.8 percent for the industrial sector.
It added that it forecasts the real GDP growth rates for 2018 and 2019 to hit 3.9 per cent each year.
The Philippines was ranked sixth, with the report predicting that the growth rate of e-commerce by the end of the current year will score 21.5%, 19.8% next year, and 16.2% in 2020.
REUTERS/Amr Abdallah Dalsh CAIRO -- 28 February 2018: Egypt witnessed a movement in its growth rates from 2.9 percent in 2013 to end the second quarter of 2017/2018 with a growth rate of 5.3 percent.
Uzosike, from Johns Hopkins Hospital in Baltimore, and colleagues characterized the growth rate of small renal masses and its pertinence to clinical outcomes among 318 patients who elected to undergo active surveillance and were tracked in the Delayed Intervention and Surveillance for Small Renal Masses prospective, multi-institutional registry.
Chidambaram said on Saturday that the Indian economy was going down and that the growth rate during the present NDA rule was lower than during the earlier UPA's time.