-8.8% is the change from 693 to 632
Calculation steps:
[( 632 - 693 ) ÷ 693] x 100 = -8.8%
Formula
Percentage change = [(632 - 693) / 693] x 100
Subtract the new number by the original number
632 - 693 = -61
-61 ÷ 693 = -0.08802308802308802
-0.08802308802308802 x 100 = -8.8%