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Statistical

Period-over-Period Growth Rate

Calculate the growth rate (percentage change) between consecutive periods. Essential for tracking month-over-month, quarter-over-quarter, or year-over-year performance.

Excel Formula

=(A3-A2)/A2*100

Step-by-Step Explanation

1

A3 is the current period value

2

A2 is the previous period value

3

(A3-A2) is the absolute change

4

Dividing by A2 converts to a relative change

5

Multiplying by 100 gives the percentage

6

Positive = growth, Negative = decline

Example

MonthRevenue (A)Growth % (B)
Jan$10,000
Feb$12,00020%
Mar$11,400-5%
Apr$14,00022.8%

Result: =( A3-A2)/A2*100 → 20% growth from Jan to Feb

Common Variations

As decimal

=(A3-A2)/A2

Returns 0.2 instead of 20

Year-over-year

=(A14-A2)/A2*100

Compare to same month last year (12 rows back)

Average growth rate

=AVERAGE(B3:B13)

Average monthly growth rate

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