Definition of growth rate:
The growth rate refers to the degree of change of an index relative to the original value in a certain period. Usually expressed as a percentage, it is used to measure the growth rate of an indicator in a certain period. The growth rate can be positive, indicating the growth of indicators; It can also be a negative number, indicating that the index has dropped. The growth rate is usually calculated by dividing the change of the index by the original value and then multiplying it by 100%.
Calculation method of growth rate:
There are two methods to calculate the growth rate: absolute growth rate and relative growth rate. Absolute growth rate refers to the change of index, that is, the difference between the new value and the old value, usually expressed in digital form; The relative growth rate refers to the ratio between the change of the index and the original value, usually expressed as a percentage.
Absolute growth rate:
Absolute growth rate refers to the change of indicators, usually expressed in digital form. The calculation formula of absolute growth rate is as follows: absolute growth rate = new value-old value.
Application of growth rate:
1, economic growth rate:
Economic growth rate refers to the growth rate of GDP of a country or region in a certain period, and it is an important indicator to measure the level of economic development of a country or region. The economic growth rate is usually calculated on an annual basis, and its formula is: economic growth rate = (current GDP- last year's GDP)/ last year's GDP× 100%.
2, the company's performance growth rate:
The growth rate of company performance refers to the growth rate of an index in a certain period, such as the growth rate of operating income and net profit. The growth rate of corporate performance is an important indicator to measure the quality of corporate performance, and its formula is: corporate performance growth rate = (current indicator-previous indicator)/previous indicator × 100%.
3. Population growth rate:
Population growth rate refers to the population growth rate in a certain period, usually calculated on an annual basis. Population growth rate is an important index to measure the population development level of a country or region, and its formula is: population growth rate = (birth population-death population)/total population × 1000%.