Canculating the compound annual growth rate

I'm trying to calculate the compound annual growth rate of my data (snipet shown below), does anyone know the best way to do this or if there is a function that does part of the job?

Data: (only woried about the preds column here, others can be ignored)

 year month timestep ymin ymax preds date 1 1998 1 1 17.84037 18.58553 18.21295 1998-01-01 2 1998 2 2 17.05009 17.70642 17.37826 1998-02-01 3 1998 3 3 16.97067 17.61320 17.29193 1998-03-01 4 1998 4 4 18.38551 19.00838 18.69695 1998-04-01 5 1998 5 5 21.39082 21.97338 21.68210 1998-05-01 6 1998 6 6 24.77679 25.35464 25.06571 1998-06-01 7 1998 7 7 27.27057 27.82818 27.54938 1998-07-01 8 1998 8 8 28.24703 28.76702 28.50702 1998-08-01 9 1998 9 9 27.72370 28.24619 27.98494 1998-09-01 10 1998 10 10 25.83783 26.33969 26.08876 1998-10-01 11 1998 11 11 22.94968 23.42268 23.18618 1998-11-01 12 1998 12 12 19.50499 20.05466 19.77982 1998-12-01 13 1999 1 13 17.98323 18.50530 18.24426 1999-01-01 14 1999 2 14 17.20124 17.61746 17.40935 1999-02-01 15 1999 3 15 17.11064 17.53492 17.32278 1999-03-01 
4

Related questions 1 How to compute compounded interest rate? 1 R Formula to calculate rate of interest 4 Computing the year-on-year growth rate of a quarterly time series Related questions 1 How to compute compounded interest rate? 1 R Formula to calculate rate of interest 4 Computing the year-on-year growth rate of a quarterly time series 2 calculate the rate under the same in using R 16 Quarterly Year over Year Growth Rate 0 Calculate compound annual growth rate (CAGR) 1 Efficiently apply a growth rate to an initial value for varying growth rates over many years 0 R: calculating growth/decay rates 3 Monthly Year over Year Growth Rate using dplyr 0 Finding the growth rate of averages over several years by level in r Load 7 more related questions Show fewer related questions

Reset to default

Know someone who can answer? Share a link to this question via email, Twitter, or Facebook.

Your Answer

Sign up or log in

Sign up using Google Sign up using Facebook Sign up using Email and Password

Post as a guest

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

You Might Also Like