rformatcurrency-formatting

Format numbers with million (M) and billion (B) suffixes


I have large numbers, e.g. currency or dollar:

1 6,000,000
2 75,000,400
3 743,450,000
4 340,000
5 4,300,000

I want to format them using suffixes, like M (million) and B (billion):

1 6.0 M
2 75.0 M
3 743.5 M
4 0.3 M
5 4.3 M 

Solution

  • If you begin with this numeric vector x,

    x <- c(6e+06, 75000400, 743450000, 340000, 4300000)
    

    you could do the following.

    paste(format(round(x / 1e6, 1), trim = TRUE), "M")
    # [1] "6.0 M"   "75.0 M"  "743.5 M" "0.3 M"   "4.3 M"  
    

    And if you're not concerned about trailing zeros, just remove the format() call.

    paste(round(x / 1e6, 1), "M")
    # [1] "6 M"     "75 M"    "743.5 M" "0.3 M"   "4.3 M"  
    

    Alternatively, you could assign an S3 class with print method and keep y as numeric underneath. Here I use paste0() to make the result a bit more legible.

    print.million <- function(x, quote = FALSE, ...) {
        x <- paste0(round(x / 1e6, 1), "M")
        NextMethod(x, quote = quote, ...)
    }
    ## assign the 'million' class to 'x'
    class(x) <- "million"
    x
    # [1] 6M     75M    743.5M 0.3M   4.3M  
    x[] 
    # [1]   6000000  75000400 743450000    340000   4300000
    

    You could do the same for billions and trillions as well. For information on how to put this into a data frame, see this answer, as you'll need both a format() and an as.data.frame() method.