Identify the starting value and ending value
Subtract the starting value from the ending value to find the change
Divide the change by the starting value
Multiply the result by 100 to get the growth rate percentage
Use the formula: Growth Rate = ((Ending Value – Starting Value) / Starting Value) × 100
For period-to-period growth, compare values from two consecutive time periods
For annual growth rate, compare values from one year to the next
For compound growth over multiple periods, use: CAGR = ((Ending Value / Starting Value)^(1 / Number of Periods) – 1) × 100