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ANNUAL GROWTH RATES

Statistics Directorate    
Definition:
Annual growth rates are annual rates of change expressed over the previous year.

Context:
For some phenomena, annual growth rates may be further differentiated by the nature or pattern of the incremental difference between each successive period and whether or not the absolute values of these increments over a given period are themselves constant or changing. The most commonly used patterns of growth are: arithmetic, geometric and exponential.

Source Publication:
OECD, 2005, Data and Metadata Reporting and Presentation Handbook, OECD, Paris, Section 3: Guidelines for the reporting of different types of data.

Statistical Theme: Methodological information (metadata)

Created on Monday, July 11, 2005