Data Labels make an Excel chart easier to understand because they show details about a data series or its individual data points.

Depending on what you want to highlight on a chart, you can add labels to one series, all the series (the whole chart), or one data point.

In our example below, I add a Data Label to a column chart and then I format the data label using CTRL+1.

I then select to custom format the numbers so it shows the values as thousands by adding a comma , after each zero and then showing the work k by adding “k”

Example Custom Number Format:    [$$-1004]#,##0,”k”;-[$$-1004]#,##0,”k”

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