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Discover Ludwig"rate of decline" is correct and usable in written English.
It is often used when referring to a decrease or drop in numbers or quantity over time. For example, "The rate of decline in population growth is slowing down."
Exact(60)
The rate of decline is slowing".
The rate of decline is moreover accelerating.
The rate of decline across Scotland varies.
The rate of decline is not statistically significantly significant.
I think the rate of decline has slowed.
"The rate of decline is very clear, very well documented.
The rate of decline increased over the past decade.
However, the rate of decline slowed this summer.
The good news was that the rate of decline slowed.
This is the fastest rate of decline since 1990.
The current rate of decline stands at 5% a year.
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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