average rate of growth

USAGE SUMMARY

The phrase "average rate of growth" is correct and usable in written English.
It can be used in contexts related to economics, biology, or any field where growth is measured over time. Example: "The average rate of growth for the economy this year has been higher than expected, indicating a recovery."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

38 human-written examples

"This suggests the economy has continued to expand at a reasonable pace, consistent with the average rate of growth since the start of 2013," Niesr said.

The Guardian - Business

Typically, economists believe a long-term trend is the average rate of growth over the course of an entire business cycle.

The New York Times

Business investment rose by just 1.3% in the past 12 months, just a third of the average rate of growth (3.9%) recorded in the three years 2013-2015.

The Guardian - Business

However, since 2007, the annual rate of growth has slowed to 0.38 ± 0.04 ppt yr-1 in 2010 with a further decline to an annual average rate of growth in 2013 2014 of -0.06 ± 0.05 ppt yr-1.

Massachusetts Institute of Technology

However, since 2007, the annual rate of growth has slowed to 0.38 ± 0.04 ppt yr−1 in 2010 with a further decline to an annual average rate of growth in 2013 2014 of −0.06 ± 0.05 ppt yr−1.

Massachusetts Institute of Technology

Despite the slight softening, growth remains close to the estimated long run potential of the economy, but below the average rate of growth (0.7percentnt per quarter) observed since the start of 2013.

The Guardian - Business

Human-verified similar examples from authoritative sources

Similar Expressions

22 human-written examples

During the 1978-2011 period China's high average rate of growth--about 10% annually--was the result of Deng Xiaoping's 1978 trip to Singapore and his subsequent decision to implement economic reforms and open the economy to international investment.

Forbes

As a consequence, it asks for average rates of growth, inflation, and exchange rate appreciation but you cannot vary the rates over time.

The Economist

These state diagrams lead to a description of the average rates of growth [3] for votes from submitter fans, other fans and non-fans of prior voters, v S v F and v N, respectively: (1).

EPJ Data Science

*2012 Pew Research: The Future of Higher Education **Center for American Progress: 3.6 Million Millennials Gained Health Insurance in 2014 ***Collegeboard: Average Rates of Growth of Published Charges by Decade.

Huffington Post

"We don't anticipate the slowdown becoming too severe, not when the housing recovery is firing on all cylinders, but it is a reminder that the U.S. is still unable to sustain what used to be just average rates of growth," Paul Ashworth, chief U.S. economist at Capital Economics, wrote in an email.

Huffington Post

Expert writing Tips

Best practice

When using "average rate of growth" in formal writing, clearly define the period over which the average is calculated to avoid ambiguity. For example, specify "the average rate of growth over the past decade".

Common error

Avoid using recent, atypical data points to represent the "average rate of growth". Ensure the data set is sufficiently large and representative to provide a reliable average.

Linguistic Context

The phrase "average rate of growth" functions as a noun phrase, typically used as a subject or object in a sentence. It describes a statistical measure representing the typical increase in something over a specific period, as evidenced by Ludwig's examples.

Expression frequency: Very common

Frequent in

News & Media

43%

Science

36%

Academia

11%

Less common in

Wiki

4%

Encyclopedias

2%

Formal & Business

2%

Ludwig's WRAP-UP

The phrase "average rate of growth" is a common and grammatically sound noun phrase used to quantify the typical increase of something over time. Ludwig examples show that it appears frequently in news, scientific, and academic contexts. While simple, it's crucial to define the period over which the average is calculated for clarity. Ludwig AI considers the phrase correct. Alternatives include "mean growth rate" and "typical growth rate". When writing, avoid using recent data to represent the average, and ensure the dataset is representative of the longer-term trend.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

mean growth rate

Replaces "average" with "mean", a statistical synonym.

typical growth rate

Substitutes "average" with "typical", emphasizing the common or expected rate.

usual growth rate

Uses "usual" instead of "average" to convey a sense of normalcy.

average increase rate

Replaces "growth" with "increase", focusing on the act of growing.

average pace of expansion

Substitutes "rate of growth" with "pace of expansion", providing a broader term.

growth rate average

Reorders the phrase while maintaining the core meaning.

long-term growth trend

Focuses on the long-term perspective of growth.

historical growth average

Highlights that the average is calculated based on historical data.

average annual increase

Specifies the time frame as annual.

median growth rate

Uses "median" instead of "average" for statistical nuance.

FAQs

How is the "average rate of growth" calculated?

The "average rate of growth" is typically calculated by determining the percentage change over a specific period, then averaging those percentages. The formula is [(Value at End of Period - Value at Start of Period) / Value at Start of Period] / Number of Periods.

What factors can influence the "average rate of growth"?

Many factors can influence the "average rate of growth", including economic conditions, technological advancements, policy changes, and environmental factors. The specific factors depend on what is being measured, such as population, GDP, or a company's revenue.

What's the difference between "average rate of growth" and "growth rate"?

While "growth rate" refers to the change in a variable over a specific period, the "average rate of growth" refers to the mean growth rate calculated over multiple periods, providing a smoothed view of growth trends.

What are some alternatives to "average rate of growth"?

You can use alternatives like "mean growth rate", "typical growth rate", or "usual growth rate" depending on the context.