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What is an 'Economic Growth Rate' An economic growth rate is a measure of economic growth from one period to another in percentage terms. This measure does not adjust for inflation; it is expressed in nominal terms.
Rate of natural increase: The rate at which a population is increasing (or decreasing) in a given year due to a surplus (or deficit) of births over deaths, expressed as a percentage of the base population. Zero population growth: A population in equilibrium, with a growth rate of zero, achieved when births plus immigration equal deaths plus emigration.