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Discover LudwigThe phrase "unprecedented rate" is correct and commonly used in written English.
It refers to something happening or occurring at an unmatched or never-before-seen speed or pace. It can be used in a variety of contexts, such as in economics, science, or politics. Example: "The country's economy is growing at an unprecedented rate, with record-breaking profits reported by businesses in all sectors."
Exact(60)
Prices are plunging at an unprecedented rate.
Cybercrime is growing at an unprecedented rate.
That reality is driving antibiotic resistance at an unprecedented rate.
We are losing biodiversity at an unprecedented rate.
The global population is growing at an unprecedented rate.
Cemeteries were filling up at an unprecedented rate.
Denials rose at an unprecedented rate from 2015 to 2016.
"We are losing biodiversity at an unprecedented rate," he said.
Biological data are flooding in at an unprecedented rate.
And the target audience is growing at an unprecedented rate.
Construction firms are shedding workers at an unprecedented 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