5 Tips Gauge Chart Excel

Introduction to Gauge Charts in Excel

Gauge charts, also known as speedometer charts, are a type of chart that can be used to display progress towards a goal or to show how a value compares to a target. Excel provides a variety of tools and features that can be used to create gauge charts, and in this article, we will explore five tips for creating effective gauge charts in Excel.

Tip 1: Use a Combination Chart to Create a Gauge Chart

To create a gauge chart in Excel, you can use a combination chart that combines a doughnut chart and a pie chart. This can be done by creating a doughnut chart with a single series, and then adding a pie chart with a single series to the same chart. The doughnut chart will display the progress towards the goal, and the pie chart will display the target value.

📊 Note: To create a combination chart, select the data range that you want to use for the chart, and then go to the "Insert" tab in the ribbon and click on "Combo" in the "Charts" group.

Tip 2: Use Conditional Formatting to Highlight Progress

Conditional formatting can be used to highlight progress towards a goal in a gauge chart. For example, you can use conditional formatting to change the color of the chart based on the progress towards the goal. This can be done by selecting the chart series, and then going to the “Home” tab in the ribbon and clicking on “Conditional Formatting” in the “Styles” group.

• Apply a formula to the conditional formatting rule to determine the color of the chart based on the progress towards the goal
• Use a formula that references the target value and the current value to determine the progress towards the goal
• Use a color scale or a color gradient to display the progress towards the goal

Tip 3: Use a Table to Display Additional Information

A table can be used to display additional information about the gauge chart, such as the target value and the current value. This can be done by creating a table below the chart, and then using formulas to display the target value and the current value in the table.

Target Value	Current Value
=A1	=B1

Tip 4: Use a Macro to Update the Chart Automatically

A macro can be used to update the gauge chart automatically when the data changes. This can be done by creating a macro that updates the chart series and the conditional formatting rule when the data changes.

• Use the “Workbook_SheetChange” event to trigger the macro when the data changes
• Use the “ChartSeries” object to update the chart series
• Use the “FormatCondition” object to update the conditional formatting rule

Tip 5: Use a Dashboard to Display Multiple Gauge Charts

A dashboard can be used to display multiple gauge charts, and to provide a summary of the progress towards multiple goals. This can be done by creating a dashboard with multiple charts, and then using formulas to display the progress towards each goal.

• Use a table to display the progress towards each goal
• Use a chart to display the progress towards each goal
• Use conditional formatting to highlight the progress towards each goal

As we have seen, gauge charts can be a powerful tool for displaying progress towards a goal, and for providing a summary of the progress towards multiple goals. By using the tips outlined in this article, you can create effective gauge charts in Excel that provide valuable insights into your data.

In final thoughts, creating effective gauge charts in Excel requires a combination of technical skills and creativity. By using the tips outlined in this article, you can create gauge charts that provide valuable insights into your data, and that help you to make informed decisions. Whether you are a business professional, a student, or a hobbyist, gauge charts can be a valuable tool for displaying progress towards a goal, and for providing a summary of the progress towards multiple goals.