This calculator determines the year-over-year (YoY) growth percentage, given the current and previous year's values.
Formula used:
YoY Growth (%) = ((Current Year Value - Previous Year Value) ÷ Previous Year Value) × 100
Find the YoY growth for:
Apply the values in the formula:
= ((17,000 - 12,000) ÷ 12,000) × 100
= (5,000 ÷ 12,000) × 100
= 0.41667 × 100
= 41.67%
Find the YoY growth for:
= ((230,000 - 150,000) ÷ 150,000) × 100
= (80,000 ÷ 150,000) × 100
= 0.5333 × 100
= 53.33%