Definition: Exponential growth

Category: OECD - Data and Metadata Reporting

Exponential growth refers to the situation where growth compounds continuously at every instant of time.

Because compounding takes place at intervals much longer than an instant, geometric growth is regarded as being a "special case" of exponential growth. 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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