Percent Growth Rate Calculator

Visualize and calculate annual percentage growth rate with ease.

Result:

Understanding Percent Growth Rate

The percent growth rate measures the percentage change of a value over a period, typically annually. It's a key metric in finance, economics, and business to assess the increase or decrease in value over time.

Formula: Percent Growth Rate = $$ \frac{\text{Present Value} - \text{Past Value}}{\text{Past Value}} \times \frac{100}{\text{Number of Years}} $$

Use Cases: Analyzing investment returns, business revenue growth, or economic expansion. For example, if a stock investment grew from $100 to $150 over 5 years, this calculator helps determine the average annual growth percentage. It's crucial for comparing performance and making informed financial decisions.