How Do You Calculate Growth Rate Or Percent Change?
A percent growth rate (or sometimes referred to as percent change, growth rate, or rate of change) is a useful indicator to look at how much a population is growing or declining in a particular area. It is also useful when comparing the growth or decline of populations in two different areas or regions. But percent growth rate can be used in other studies besides population (such as employment, unemployment, economic factors, etc.). Any number from one time and any number from another time can be put into the calculation to determine growth rate. This article will show you how to easily calculate the growth rate or percent change. The rate of change (percent change, growth rate) from one period to another is calculated as follows: Percent Change = (value at end of period – value at beginning of period)/value at beginning of period * 100 Another way of expressing the equation for growth rate or percent change is: Percent change = (Vpresent-Vpast)/Vpast*100 In this formula, Vpresent = pr