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The phrase "a net decline of" is correct and usable in written English.
It can be used when discussing a total or overall decrease in a particular metric or value, often in financial or statistical contexts.
Example: "The company reported a net decline of 15% in its quarterly earnings compared to the previous year."
Alternatives: "an overall decrease of" or "a total drop of".
Exact(20)
Forest showed a net decline of 20% in total area and represented 30% of the landscape area in 2003.
The practice ended abruptly when the Guard reported a net decline of 156 soldiers for the week ended April 10 , 1999
Fashion shops are struggling, with 206 closing in the first half of the year and only 119 opening, leading to a net decline of 87.
Retail investors, however, added almost $4.3 billion to their money fund holdings, for a net decline of $169 billion during the week.
It's a major milestone for Verizon, which on Thursday reported a net decline of 289,000 cellphone subscribers over the past four months.
Since the downturn began in December 2007, the economy has had a net decline of about 3 percent in its nonfarm payroll jobs.
Similar(40)
Thanks largely to the rapid recovery in stockmarkets, those aged between 53 and 58 saw a net decline in wealth of just 2.8% between 2006 and 2010.More worrying is that this generation seems to be able to leverage its size into favourable policy.
This fall was probably a consequence of lactone-ring hydrolysis of topotecan (Chourpa et al, 1998) leading to a net decline in the concentration of lactone topotecan available for cell entry.
Mr. Bush runs the risk of being the first president since Herbert Hoover to preside over a net decline in the number of jobs.
Yet only twice in the past two decades — in 1988-89 and 1997-98 — has there been a net decline in the number of men's and women's athletic programs nationally.
When this happened, EC proliferation ceased and there was a net decline in the number of ECs found when they were counted).
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com