Finance

CAGR

Compound annual growth rate.

Formula

Formula
CAGR = (V_eV_b)1t − 1

Variables

SymbolDefinitionType & rangeUnitsRole
V_b begin value computed result result
V_e end value computed result result
t years computed result result

Try it yourself

Interactive calculator
Result

Worked examples

Example 1
Givenbegin value = 1000, end value = 2500, years = 5
Result20.1124434
Example 2
Givenbegin value = 10000, end value = 15000, years = 3
Result14.47142426