Please turn off your ad blocker so we can further develop the platform.
Definition: Linear approximation of the annualised growth rate
Category: OECD - Data and Metadata Reporting
Linear approximation of the annualised growth rate is a quick calculation of the annualised growth rate that show the rate of change that would be measured for a quarter or month if maintained for a full year. Quarterly rates of change are multiplied by 4 and monthly rates of change are multiplied by 12. http://ec.europa.eu/eurostat/ramon/coded_files/OECD_data_metadata_report_handbook_EN.pdf
Source:
Task force on data and metadata presentation for the OECD Short-term Economic Statistics Working Party (STESWP), Paris, 2004 [quoted in Organisation for Economic Co-operation and Development (OECD), "Data and Metadata Reporting and Presentation Handbook", OECD, Paris, 2007]
Task force on data and metadata presentation for the OECD Short-term Economic Statistics Working Party (STESWP), Paris, 2004 [quoted in Organisation for Economic Co-operation and Development (OECD), "Data and Metadata Reporting and Presentation Handbook", OECD, Paris, 2007]
Created:
Updated: