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YEAR-ON-YEAR (YOY) GROWTH RATES

Statistics Directorate    
Definition:
Year-on-year growth rates are rates of change expressed over the corresponding period (month or quarter in relation to the frequency of the data) of the previous year.

Context:
Also often referred to as Year-over-year growth rates, Year-to-year growth rate, Rate of change from the previous year, or 12-month rate of change.

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