-97.11% is the change from 553 to 16
Calculation steps:
[( 16 - 553 ) ÷ 553] x 100 = -97.11%
Formula
Percentage change = [(16 - 553) / 553] x 100
Subtract the new number by the original number
16 - 553 = -537
-537 ÷ 553 = -0.9710669077757685
-0.9710669077757685 x 100 = -97.11%