GITNUX MARKETDATA REPORT 2024

Statistics About The Average Annual Growth Rate

The average annual growth rate can be calculated by averaging the individual growth rates over a specified period of time.

Last Updated: June 23, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore a range of average annual growth rates across various industries and sectors, shedding light on how key metrics have evolved over specific time periods. From healthcare expenditure in the U.S. to global e-commerce, population growth rates, and more, we will delve into the numerical trends that define the dynamics of these markets and economies.

Statistic 1

"The AAGR of healthcare expenditure in the U.S. from 2014 to 2019 was 4.6%."

Statistic 2

"The AAGR for the global e-commerce market from 2016 to 2021 was 20.4%."

Statistic 3

"The AAGR of U.S. population growth from 2010 to 2020 was roughly 0.7%."

Statistic 4

"The AAGR of the video game industry from 2012 to 2020 was 10.7%."

Statistic 5

"The AAGR of total retail sales in the U.S. from 2010 to 2020 was about 4.3%."

Statistic 6

"The average annual growth rate (AAGR) of global GDP from 2010 to 2019 was approximately 3.0%."

Statistic 7

"The AAGR for the global pharmaceutical market from 2015 to 2020 was 6.5%."

Statistic 8

"The AAGR for cloud computing services from 2020 to 2025 is projected at 17.5%."

Statistic 9

"The global average annual growth rate of internet users from 2010 to 2020 was 8.3%."

Statistic 10

"The AAGR of the renewable energy market from 2020 to 2025 is projected at 7.0%."

Statistic 11

"The AAGR for renewable energy capacity globally from 2010 to 2020 was 8.3%."

Statistic 12

"China's AAGR for its GDP between 2010 and 2020 was 6.7%."

Statistic 13

"The AAGR of the smartphone market from 2015 to 2020 was 2.4%."

Statistic 14

"The AAGR of global airline passenger traffic from 2010 to 2019 was 5.3%."

Statistic 15

"The AAGR of the U.S. stock market (S&P 500) from 2010 to 2020 was approximately 13.6%."

Statistic 16

"The AAGR of electric vehicle (EV) sales from 2015 to 2020 was about 46.0%."

Statistic 17

"The AAGR of the U.S. housing market from 2010 to 2020 was 5.3%."

Statistic 18

"The AAGR of the global IT services market from 2018 to 2023 is estimated at 8.3%."

Statistic 19

"The AAGR of global agricultural production from 2000 to 2015 was 2.5%."

Statistic 20

"European Union's average annual inflation rate from 2010 to 2020 was 1.2%."

In analyzing a range of average annual growth rates across various sectors and regions, it is evident that significant disparities exist in the pace of expansion. From the rapid growth of the global e-commerce market at 20.4% to the steady population growth in the U.S. at 0.7%, these statistics highlight the diverse trajectories of different industries and economies. Sectors such as cloud computing services and electric vehicle sales demonstrate high growth potential, while others like global agricultural production exhibit more modest advancements. Understanding these varying growth rates is crucial for investors, policymakers, and businesses looking to capitalize on emerging trends and opportunities in the evolving global landscape.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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