growth rates
Growth rates measure how quickly a quantity increases over a specific period. They are often expressed as a percentage and can apply to various fields, such as economics, biology, and finance. For example, a company’s revenue growth rate indicates how much its sales have increased compared to the previous year.
In economics, growth rates help assess a country's economic performance, often represented by the Gross Domestic Product (GDP) growth rate. A higher growth rate typically signifies a healthy economy, while a lower or negative growth rate may indicate economic challenges. Understanding growth rates is essential for making informed decisions in business and policy.