-97.11% is the change from 554 to 16
Calculation steps:
[( 16 - 554 ) ÷ 554] x 100 = -97.11%
Formula
Percentage change = [(16 - 554) / 554] x 100
Subtract the new number by the original number
16 - 554 = -538
-538 ÷ 554 = -0.9711191335740073
-0.9711191335740073 x 100 = -97.11%