This tool calculates the percentage variance between two values – old and new.

## ⭐ Calculator

Enter

- Old Value
- New Value

**Formula for Calculating Percentage Variance**

Percentage Variance = ((New Value − Old Value)/(Old Value)) × 100

Where:

**New Value**is the updated, current, or actual value.**Old Value**is the original, base, or expected value.

This formula gives the percentage increase or decrease between the old and new values.

## What is Percentage Variance?

This quantity represents the percent difference between two values, often referred to as the **variance**. This calculation is commonly used in fields like finance, business, and statistics to measure changes over time, compare actual outcomes to expected values, or track performance.

It shows how much one value has increased or decreased compared to another value, making it easier to compare differences proportionally.

In business, for example, you might use percentage variance to compare actual sales to budgeted sales, track revenue growth, or analyze costs. In statistics, it’s used to compare datasets or measure deviations from a mean or expected value.

**Example Calculation**

Let’s say you want to calculate the percentage variance between **actual sales** of **$120,000** and **budgeted sales** of **$100,000**.

Using the calculator, the percent variance is 20% meaning actual sales were **20% higher** than the budgeted amount.

**When to Use a Percentage Variance Calculator**

A percentage variance calculator can be useful in a wide range of situations:

**Financial Analysis**:- Comparing
**actual revenue**to**projected revenue**. - Analyzing
**cost variances**between budgeted and actual spending.

- Comparing
**Business Performance**:- Tracking changes in
**sales performance**over different time periods. - Comparing
**monthly or quarterly performance metrics**, such as profits or expenses.

- Tracking changes in
**Statistical Analysis**:- Measuring deviations from a
**mean**or**standard value**. - Comparing
**experimental results**to theoretical values.

- Measuring deviations from a
**Tracking Growth or Decline**:- Calculating percentage changes in
**market share**,**customer base**, or**website traffic**.

- Calculating percentage changes in