The growth rate of a value (GDP, turnover, wages, etc.) measures its change from one period to another (month, quarter, year). It is very generally expressed as a percentage. For example the GDP growth rate between year n-1 and year n is given by the formula : ((GDPn- GDP-1) / GDPn-1) * 100
<div xmlns="http://www.w3.org/1999/xhtml"><p>The growth rate of a value (GDP, turnover, wages, etc.) measures its change from one period to another (month, quarter, year). It is very generally expressed as a percentage.</p><p>For example the GDP growth rate between year n-1 and year n is given by the formula :</p><p>((GDPn- GDP-1) / GDPn-1) * 100</p></div>