the goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis net revenues the table below presents our net revenues by line item in the consolidated statements of earnings. .

Table:
$ in millions | year ended december 2017 | year ended december 2016 | year ended december 2015
investment banking | $ 7371 | $ 6273 | $ 7027
investment management | 5803 | 5407 | 5868
commissions and fees | 3051 | 3208 | 3320
market making | 7660 | 9933 | 9523
other principal transactions | 5256 | 3200 | 5018
totalnon-interestrevenues | 29141 | 28021 | 30756
interest income | 13113 | 9691 | 8452
interest expense | 10181 | 7104 | 5388
net interest income | 2932 | 2587 | 3064
total net revenues | $ 32073 | $ 30608 | $ 33820
in the table above : 2030 investment banking consists of revenues ( excluding net interest ) from financial advisory and underwriting assignments , as well as derivative transactions directly related to these assignments .
these activities are included in our investment banking segment .
2030 investment management consists of revenues ( excluding net interest ) from providing investment management services to a diverse set of clients , as well as wealth advisory services and certain transaction services to high-net-worth individuals and families .
these activities are included in our investment management segment .
2030 commissions and fees consists of revenues from executing and clearing client transactions on major stock , options and futures exchanges worldwide , as well as over-the-counter ( otc ) transactions .
these activities are included in our institutional client services and investment management segments .
2030 market making consists of revenues ( excluding net interest ) from client execution activities related to making markets in interest rate products , credit products , mortgages , currencies , commodities and equity products .
these activities are included in our institutional client services segment .
2030 other principal transactions consists of revenues ( excluding net interest ) from our investing activities and the origination of loans to provide financing to clients .
in addition , other principal transactions includes revenues related to our consolidated investments .
these activities are included in our investing & lending segment .
operating environment .
during 2017 , generally higher asset prices and tighter credit spreads were supportive of industry-wide underwriting activities , investment management performance and other principal transactions .
however , low levels of volatility in equity , fixed income , currency and commodity markets continued to negatively affect our market-making activities , particularly in fixed income , currency and commodity products .
the price of natural gas decreased significantly during 2017 , while the price of oil increased compared with the end of 2016 .
if the trend of low volatility continues over the long term and market-making activity levels remain low , or if investment banking activity levels , asset prices or assets under supervision decline , net revenues would likely be negatively impacted .
see 201csegment operating results 201d below for further information about the operating environment and material trends and uncertainties that may impact our results of operations .
the first half of 2016 included challenging trends in the operating environment for our business activities including concerns and uncertainties about global economic growth , central bank activity and the political uncertainty and economic implications surrounding the potential exit of the u.k .
from the e.u .
during the second half of 2016 , the operating environment improved , as global equity markets steadily increased and investment grade and high-yield credit spreads tightened .
these trends provided a more favorable backdrop for our business activities .
2017 versus 2016 net revenues in the consolidated statements of earnings were $ 32.07 billion for 2017 , 5% ( 5 % ) higher than 2016 , due to significantly higher other principal transactions revenues , and higher investment banking revenues , investment management revenues and net interest income .
these increases were partially offset by significantly lower market making revenues and lower commissions and fees .
non-interest revenues .
investment banking revenues in the consolidated statements of earnings were $ 7.37 billion for 2017 , 18% ( 18 % ) higher than 2016 .
revenues in financial advisory were higher compared with 2016 , reflecting an increase in completed mergers and acquisitions transactions .
revenues in underwriting were significantly higher compared with 2016 , due to significantly higher revenues in both debt underwriting , primarily reflecting an increase in industry-wide leveraged finance activity , and equity underwriting , reflecting an increase in industry-wide secondary offerings .
52 goldman sachs 2017 form 10-k .

Question: what is the growth rate in net revenues in 2016?
Answer: -9.5%
Calculation: subtract(30608, 33820), divide(#0, 33820)