How to calculate percent difference in excel

Calculating percent difference is a common requirement in many fields, such as finance, analytics, and science. Microsoft Excel is a powerful tool that simplifies the task of calculating percent difference. In this article, we will guide you through the process of calculating percent difference using Excel formulas.
Step 1: Organize your data
First, make sure your data is neatly organized in Excel. For this example, consider two columns containing values A and B. The percent difference between these two values will be calculated in a third column (column C).
Step 2: Input the percent difference formula
In cell C2, or the first row where you want to calculate the percent difference, type the following formula:
=(B2-A2)/ABS(A2)
This formula calculates the difference between two values (B2-A2) and then divides that difference by the absolute value of the first value (ABS(A2)).
Step 3: Apply the formula to other cells
After typing the formula, press Enter. The percent difference for the first row of data should now be displayed in cell C2.
Now simply click on C2 and copy the cell (Ctrl+C). Select all other cells in column C where you want to apply the formula and paste (Ctrl+V). Excel will automatically adjust the formula to reference the correct cells as you paste it.
Step 4: Format as a percentage
By default, Excel may display values in column C as decimals. To format these values as percentages, follow these steps:
1. Select all cells where you applied the percent difference formula.
2. Right-click on a selected cell and choose “Format Cells” from the context menu.
3. In the Format Cells dialog box, select “Percentage” on the Number tab.
4. Adjust decimal places if desired (e.g., setting it to 1 or 2 to display the result with one or two decimal points).
Click OK to apply the changes. Your percent difference calculations should now be displayed as percentages in column C.
Conclusion:
Calculating percent difference in Excel is a straightforward process that requires only basic knowledge of Excel formulas. By following these steps, you can quickly analyze and compare your data using Excel’s powerful features.