Stats Brief, April 2015 (Issue no. 07): Average growth rate: Computation methods

Stats Brief, April 2015 (Issue no. 07): Average growth rate: Computation methods

Stats Brief
Stats Brief
Date: 
Thursday, April 30, 2015
Type: 
Public information and advocacy materials
Abstract

This issue of Stats Brief will aim to introduce some of the most common methods to compute average growth rates for time series data, and illustrate the impact of applying different methods for calculating average annual growth rates for GDP per capita and exports of merchandise. Statistical literature introduces several different methods, but there are no solid recommendations on which should be used under which circumstances. However, different methods may result in substantial differences in computed average growth rates.

Download: 

Stats_Brief_Apr2015_Issue_07_Average-growth-rateDownload