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The phrase "average growth rate" is correct and usable in written English.
It can be used in contexts related to economics, finance, biology, or any field where growth is measured over time.
Example: "The average growth rate of the economy over the past decade has been approximately 3% per year."
Alternatives: "mean growth rate" or "typical growth rate".
Exact(60)
The economy's average growth rate was 2.4percentt in 2002.
For the next four years, they forecast an average growth rate of 4percentt.
The average growth rate over that stretch, not shown in the accompanying graphic, was 2.5percentt.
Repeatability is just one formula for profitably outstripping the average growth rate in your sector.
(b) Observed dependence of average growth rate from growth time (black dots).
(d) The average growth rate of brat tumor explants (da > Gal4; UAS-RFP; UAS-brat-RNAi).
It achieved an average growth rate of about 3percentthroughgh the first three quarters of this year.
Once debt rose above that level, they said, the average growth rate was negative 0.1percentnt.
Walmart is under the average growth rate of the market, so they are definitely losing [market] share online.
Most forecasts have reduced the average growth rate over the next four years from above 2% to below 2%.
Australia and Canada are forecast to have the highest annual average growth rate of international postgraduate students, at 4.1% each.
More suggestions(16)
average growth percentage
average growth velocity
average growth rates
media growth rate
resources growth rate
average growth ratios
medium growth rate
the medium growth rate
rate growth rate
half growth rate
processes growth rate
average growing rate
average increasing rate
average rates of growth
average change
average inflation rate
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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