![]() ![]() That would amount to an average annual growth of 15.66%. You could find an average percentage increase for those values by adding 23%, 11% and 13% together and then dividing them by three. However, what would the average annual percentage increase be for those years? For example, an investment might grow by 23%, 11% and 13% in three separate years. Spreadsheets often include tables for a series of values that show you the year-to-year growth rate for each figure. ![]() CAGR stands for “compound annual growth rate”, and this formula is widely used for investment analysis. ![]() ![]() Investment analysts and business owners frequently refer to something known as “CAGR” when discussing projects or proposals. ![]()
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