economic growth
noun[U]
ECONOMICSukusanincreasein theeconomyof acountryor anarea,especiallyof thevalueofgoodsandservicesthecountryorareaproduces:
We need tomaintainlowinflationand at the sametimecreateanenvironmentthat isconducivetoeconomicgrowth.
Theadministrationwantstopromoteeconomicgrowthandspurmoresavingsandinvestment.