How To Calculate A Growth Trend
Growth trends quantify the rate of growth over a specified period of time. A growth trend can be measured over any period of time, such as a month, year or decade. Determining the growth trend can help you predict future growth. For example, if you know the growth trend for a county has been 4 percent for the past 10 years, you can use that information to plan for future needs for city services, such as police or schools.
Step 1
Subtract the size at the end of the specified period from the size at the beginning of the specified period. For example, if you were finding the growth trend for a city for the year and the city had a population of 15,000 at the start of the year and 16,000 at the end of the year, you would subtract 15,000 from 16,000 to get 1,000.
Step 2
Divide the change in size by the original size to find the growth trend expressed as a decimal. In this example, you would divide 1,000 by 15,000 to get 0.0667.
Step 3
Multiply the previous step's result by 100 to convert from a rate to a percentage. Finishing this example, you would multiply 0.0667 by 100 to find the growth trend to be 6.67 percent.
Cite This Article
MLA
Kennan, Mark. "How To Calculate A Growth Trend" sciencing.com, https://www.sciencing.com/calculate-growth-trend-7471835/. 24 April 2017.
APA
Kennan, Mark. (2017, April 24). How To Calculate A Growth Trend. sciencing.com. Retrieved from https://www.sciencing.com/calculate-growth-trend-7471835/
Chicago
Kennan, Mark. How To Calculate A Growth Trend last modified March 24, 2022. https://www.sciencing.com/calculate-growth-trend-7471835/