Question #65609

How to calculate Year over Year growth rate for non-yearly data? for example how to calculate US Q4 you GDP growth rate?

Expert's answer

Year over Year growth rate is percentage change between a given period and the same period in the previous year. To calculate US Q4 GDP growth rate we use the following formula:

Q GDP (yoy) = (GDPQ-GDPQ-4)/GDPQ, where GDPQ and GDPQ-4 are measured in constant dollars.

Q GDP (yoy) = (GDPQ-GDPQ-4)/GDPQ, where GDPQ and GDPQ-4 are measured in constant dollars.

## Comments

Assignment Expert03.03.17, 17:51Dear john, exactly.

john28.02.17, 20:02Brilliant. Thank you for you answer. So for Q4 GDP Growth rate 2016 you would do:

2016 Q4 GDP (yoy) = (2016 Q4 GDP - 2015 Q4 GDP) / 2015 Q4 GDP

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