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 ?
Thus [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII] = 2c represents change in the rate of growth.
4 percentage point, reflecting the Nation's stronger rate of growth in private hospitals, which had the largest weight in equation (6), and in outpatient care centers and State government hospitals, which had much smaller weights.
But the figures highlight the marked slowdown being seen in the housing market, with a decline in the rate of growth in all countries in the UK.
The difference between the average rate of growth between 1995 and 2002 of 4.
Fionnuala Earley, Nationwide's group economist, said: "The rate of growth of house prices cooled sharply in April.
RBS Economist Mark Smyth said: 'Private-sectorfirms in the West Midlands saw a further expansion in output and new orders in February, but the rate of growth remains relatively moderate and below the UK average.
However, the rate of growth slowed for the third month running, and dipped below the UK private sector average.
Overall, Alberta had the highest rate of growth on health care spending of 14.
The absolute rate of growth supports overall financial health, generates profits to reinvest in the business and helps attract and motivate the best talent.
The issues about the rate of growth of fires are interesting in the context of the attack on the World Trade Center.
Census showing that Asian- and Latino-owned businesses surpassed black-owned enterprises in both numbers and rate of growth between 1982 and 1997.
Demand for butadiene in the production of ABS resins and polybutadiene is expected to see the highest average annual rate of growth for all derivatives during the period from 1999-2005, according to the study.