Definition: Geometric growth rate

Category: OECD - Data and Metadata Reporting

Geometric growth refers to the situation where successive changes in a variable differ by a constant ratio (as distinct from a constant amount for arithmetic change). http://ec.europa.eu/eurostat/ramon/coded_files/OECD_data_metadata_report_handbook_EN.pdf
Source:
Organisation for Economic Co-operation and Development (OECD), "Data and Metadata Reporting and Presentation Handbook", OECD, Paris, 2007
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