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(Statistics) Alternative phrases for growth rate?

English Language & Usage Asked by Leo Liu on February 26, 2021

enter image description here

The figures represent the number of tourists who visited a country in thousands.
The red annotations do not mean anything.

In the fifth row of this chart, we can see that the data for Europe had the highest growth (change/past) rate rather than increase over the years compared to the figures for other countries. However, since the word "growth rate" seems inappropriate here, what are the other ways to express this idea?

Thank you.

2 Answers

In this context, a rate is a change relative to a time period.

rate = a measurement of the speed at which something happens or changes, or the number of times it happens or changes, within a particular period

Cambridge dictionary

A rate would therefore be expressed as change per time. In this case, "number per year".

Turning now to your statement: there are at least three ways of interpreting "data for Europe had the highest growth (change/past) rate rather than increase over the years"

(1) change relative to 1991: the maximum value (2.3) is for Europe in 1999 (2) change in numbers from the previous year: maximum (121) is for United Kingdom in 1999 (3) change relative to the previous year: maximum (1.31) is for United Kingdom in 1999

It is thus clear that your statement can only refer to (1) as "change relative to 1991". This is a ratio of numbers visiting; it is not a rate (which would be expressed as number per year). This means that Europe had the highest relative growth over the period 1991-1999.

The phrase you seek is "relative growth".

Correct answer by Anton on February 26, 2021

The presence or absence of the word rate cannot be relied on to make the distinction between, say, the annual rate of change over a multi-year period and the total change over a multi-year period. There are many terms not using rate that are nevertheless defined as rates and understood to be rates in both normal conversation and in technical usage. Growth is one of these. Furthermore, rate frequently appears in cases where there is just one unit of time, so the rate of change is equal to the total change. It also frequently intrudes on cases where multi-period timespans are in play, but the context is the total change.

In the case of growth, you really need to explicitly opt out of the rate notion by stating so. Or you can take the direct approach and show the calculation you want to use in the comparison.

The use of the term growth rate to mean total growth over a period is so common that you just can't say it is wrong, but it is ambiguous. It can also mean any of the following and more -

  • Relative Growth Rate - RGR = (ln(x2) - ln(x1))/(t2 - t1), the answer depends on the units of time.

  • Compound [daily, weekly, monthy, annual, or other time step] Growth Rate - CGR = (x2/x1)^(1/n) -1 ,n is number of days, weeks, months, years, etc. between x2 and x1.

  • Simple Average Growth Rate - SAGR = (x2/x1)/(number of years, months, etc).

  • Arithmatic Mean Growth Rate. AMGR = sum of all annual (or biannual, in your case) YTY changes divided by the number of periods.

Comparisons using any of the first three will yield the same result. However, that is not necessarily true of the fourth one.

So you either need to define your term with a formula on the first instance, or define it in an introductory list of variables, and then use it consistently thereafter; or just show the computation if it's a one-off.

Answered by Phil Sweet on February 26, 2021

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