National Accounts   |   Statistics Division

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Glossary - Definition of Term

Growth rate
Definition Ratios of total change in a specified time reference period to values at the beginning of the period or at a specified earlier time reference. When changes over a period of more than one calendar year are studied, the mean annual rate of change may be computed.

[See also Formula]
Other References NULL
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.

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