reference year
[ˈrɛfərəns jɪr]
nounpl: reference years
ano de referência
1. A base year used as a standard for comparison in statistical, financial, or scientific analysis
The reference year for this inflation study is 2020.
O ano de referência para este estudo de inflação é 2020.
2. A designated year against which data from other years is measured to calculate indices or relative changes
Using 2015 as the reference year, we can track economic growth over the past decade.
Utilizando 2015 como ano de referência, podemos acompanhar o crescimento econômico na última década.
3. A baseline period used in price indices, wage calculations, or demographic studies
The consumer price index uses 2010 as its reference year with a base of 100.
O índice de preços ao consumidor usa 2010 como seu ano de referência com uma base de 100.
This term is widely used in Brazil's statistical agency (IBGE) and in international economic reports. In both Brazil and the USA, reference years are critical for comparing economic indicators, inflation rates, and demographic data across time periods. The concept is essential in formal financial and academic contexts.
Related Idioms & Phrases
against the reference year
taking year X as the reference year
indexed to the reference year
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