How To Use COUNTIF Function In Excel

Posted by Wilbur Omar Chua on September 14th, 2021

The COUNTIF Formula in Excel counts the number of cells that meet a particular condition. In financial modeling, the COUNTIF Function in Excel is a very powerful tool, because it allows you to set a condition before you start counting and number, text, value, and blank cells. There are many variations of an nested IF Statement (IFERROR, SUMIF, SUMIFS, COUNTIFS), but in this article we will focus on COUNTIF Example in Excel. The COUNTIF Function in Excel, honestly, isn\'t useful when dealing with around less than 30 entries in a dataset. This Function shows its value when dealing with hundreds and thousands of data, having to count for a few that fit a specific category. 

The examples in the article provided will guide you on how to use COUNTIF Function in Excel and add conditions, such as COUNTIF Greater than, COUNTIF less than, and more, which allows you to put some more insights and analysis to your data.