Percentage Growth Formula:
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Percentage growth measures the relative change between an old value and a new value, expressed as a percentage. It's commonly used in finance, economics, business, and statistics to track changes over time.
The calculator uses the percentage growth formula:
Where:
Explanation: The formula calculates the difference between new and old values, divides by the old value to get the relative change, then multiplies by 100 to convert to percentage.
Details: Percentage growth is essential for analyzing trends, making business decisions, evaluating investments, tracking performance metrics, and understanding market dynamics.
Tips: Enter both new and old values. The old value cannot be zero. Positive results indicate growth, negative results indicate decline.
Q1: What does negative percentage growth mean?
A: Negative percentage growth indicates a decrease or decline from the old value to the new value.
Q2: Can percentage growth exceed 100%?
A: Yes, percentage growth can exceed 100% when the new value is more than double the old value.
Q3: What if the old value is zero?
A: The calculation is undefined when old value is zero, as division by zero is mathematically impossible.
Q4: How is percentage growth different from percentage change?
A: Percentage growth typically refers to positive changes, while percentage change can be positive or negative.
Q5: Where is percentage growth commonly used?
A: Commonly used in financial analysis, sales reporting, population studies, investment returns, and business performance metrics.