CAGR vs GMV

CAGR (Compound Annual Growth Rate) and GMV (Gross Merchandise Value) both come up in business conversations and get confused. Here's the plain-English difference, side by side, so you can use each one with confidence.

The key difference: CAGR refers to compound annual growth rate, while GMV refers to gross merchandise value — they describe different things even when they show up in the same sentence.

CAGR — Compound Annual Growth Rate

The mean annual growth rate of an investment over a specified time period longer than one year.

Full CAGR definition →

GMV — Gross Merchandise Value

The total value of goods sold through a marketplace over a specific period.

Full GMV definition →

When to use CAGR

Reach for "CAGR" when the conversation is specifically about compound annual growth rate. The mean annual growth rate of an investment over a specified time period longer than one year.

When to use GMV

Reach for "GMV" when the conversation is specifically about gross merchandise value. The total value of goods sold through a marketplace over a specific period.

FAQs

What is the difference between CAGR and GMV?

CAGR stands for Compound Annual Growth Rate — The mean annual growth rate of an investment over a specified time period longer than one year. GMV stands for Gross Merchandise Value — The total value of goods sold through a marketplace over a specific period.

Are CAGR and GMV the same thing?

No. They're often used in the same conversation because they're related, but they describe different concepts. CAGR = Compound Annual Growth Rate. GMV = Gross Merchandise Value.

When should I use CAGR vs GMV?

Use CAGR when you're specifically referring to compound annual growth rate. Use GMV when the topic is gross merchandise value.