I am trying to calculate the % change by year in the following dataset, does anyone know if this is possible?
I have the difference but am unsure how we can change this into a percentage
C diff(economy_df_by_year$gdp_per_capita)
df
year gdp
1998 8142.
1999 8248.
2000 8211.
2001 7926.
2002 8366.
2003 10122.
2004 11493.
2005 12443.
2006 13275.
2007 15284.
CodePudding user response:
Assuming that gdp
is the total value, you could do something like this:
library(tidyverse)
tribble(
~year, ~gdp,
1998, 8142,
1999, 8248,
2000, 8211,
2001, 7926,
2002, 8366,
2003, 10122,
2004, 11493,
2005, 12443,
2006, 13275,
2007, 15284
) -> df
df |>
mutate(pdiff = 100*(gdp - lag(gdp))/gdp)
#> # A tibble: 10 × 3
#> year gdp pdiff
#> <dbl> <dbl> <dbl>
#> 1 1998 8142 NA
#> 2 1999 8248 1.29
#> 3 2000 8211 -0.451
#> 4 2001 7926 -3.60
#> 5 2002 8366 5.26
#> 6 2003 10122 17.3
#> 7 2004 11493 11.9
#> 8 2005 12443 7.63
#> 9 2006 13275 6.27
#> 10 2007 15284 13.1
Which relies on the tidyverse framework.
If gdp
is the difference, you will need the total to get a percentage, if that is what you mean by change in percentage by year.
CodePudding user response:
df$change <- NA
df$change[2:10] <- (df[2:10, "gdp"] - df[1:9, "gdp"]) / df[1:9, "gdp"]
This assigns the yearly GDP growth to each row except the first one where it remains as NA
CodePudding user response:
df$diff <- c(0,diff(df$gdp))
df$percentDiff <- 100*(c(0,(diff(df$gdp)))/(df$gdp - df$diff))
This is another possibility.