growth rate
noun [ C ]
ECONOMICS ukusa measurement of how fast something increases in size during a particular period:
Developing countries report a high economic growth rate of 6% this year.
The economy's growth rate has slowed from 3% to 2.5%.
The agricultural sector has slowed from a growth rate of 7% to 3%.
annual/quarterly/year-on-year growth rate The fund has achieved an average annual growth rate of 13.7% over ten years.
the GDP/job/earnings growth rate
a fast/healthy/high growth rate
a low/slow/weak growth rate
a sustainable/long-term growth rate
See also
compound growth rate
projected growth rate