growth rate

USAGE SUMMARY

"growth rate" is a correct and usable term in written English.
You can use it to refer to the rate at which something is increasing over a period of time. For example, "The company's growth rate has steadily increased year-over-year."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

China's real growth rate will slow.

The Economist

All studies indicate a slow growth rate.

Encyclopedia Britannica

Why has the underlying growth rate slowed?

The New York Times

Its growth rate too is extraordinary.

The Economist

We included annual growth rate.

Cornell University

Growth Rate of the Industry.

Harvard Business Review

The growth rate has reached 12percentt.

The New York Times

The national growth rate was 2.2percentt.

The New York Times

Then there is the growth rate itself.

The New York Times

We're assuming a growth rate of 2.6.

The Guardian

"Can you really maintain that growth rate?

The New York Times

Expert writing Tips

Best practice

When discussing economic trends, specify the period (e.g., annual, quarterly) for the "growth rate" to provide clear context.

Common error

Be aware of the difference between nominal and real "growth rates". Nominal "growth rate" isn't adjusted for inflation while real "growth rate" is, so using nominal values when real values are more appropriate will give a very inaccurate picture.

Linguistic Context

The phrase "growth rate" functions primarily as a noun phrase. It identifies a rate, which is a measure, quantity, or frequency, at which something grows. Ludwig AI confirms its correct usage.

Expression frequency: Very common

Frequent in

News & Media

43%

Science

31%

Formal & Business

13%

Less common in

Wiki

6%

Encyclopedias

3%

Academia

1%

Ludwig's WRAP-UP

In summary, "growth rate" is a versatile and frequently used noun phrase for describing the speed at which something increases. As Ludwig AI confirms, it's grammatically correct and suitable for various contexts, ranging from scientific research to business reports and news articles. While broadly applicable, precision is key; specify the period and type of "growth rate" (e.g., real vs nominal) for clarity. Remember to consider alternative phrases like "rate of increase" for nuanced communication. The phrase is particularly common in News & Media and Scientific contexts, reinforcing its importance in both public discourse and specialized analysis.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

rate of increase

Rephrases "growth rate" using a more general term, 'increase', while maintaining the focus on the rate.

expansion rate

Emphasizes the aspect of expansion or enlargement rather than just growth.

rate of progression

Focuses on the idea of moving forward or advancing.

acceleration rate

Highlights the increasing speed of growth.

percentage increase

Specifies that the growth is measured as a percentage.

annual growth

Refers to the yearly increase or expansion of something.

pace of development

Emphasizes the speed at which something develops or matures.

degree of growth

Focuses on the magnitude or extent of the increase.

level of increment

Uses 'increment' to denote a step or stage in growing.

uptick speed

Informal term for the rate at which something is improving or increasing.

FAQs

How do you calculate a "growth rate"?

The formula to calculate a "growth rate" is: ((Current Value - Past Value) / Past Value) * 100. This gives you the percentage increase over a specific period.

What's a good alternative to using the term "growth rate"?

Depending on the context, you can use alternatives like "rate of increase", "expansion rate", or "percentage increase".

Why is knowing the "growth rate" important?

Knowing the "growth rate" helps in understanding the pace at which something is changing, allowing for better planning, forecasting, and decision-making in various fields like economics, biology, and business.

What factors might affect a company's "growth rate"?

Various factors can influence a company's "growth rate", including market conditions, competition, technological advancements, and internal management strategies.