Annual growth rate (AGR) is the change in the value of a measurement over the period of a year.
Annual growth rate is a useful tool to identify trends in investments.
[1] The formula used to calculate annual growth rate uses the previous year as a base.
Perceptions of the success or failure of many enterprises and businesses are based on assessments of their growth.
"[1] The first step of this process is to identify the value of the investment at the beginning and end of the year.