The growth rate refers to the rate at which something (such as a population) increases or decreases over time. In relation to a logistic model, a positive growth rate means that the population is growing.
Related terms
Negative Growth Rate: When something (such as a population) decreases over time.
Zero Growth Rate: When something remains constant over time; there is no increase or decrease.
Doubling Time: The amount of time it takes for an initial quantity to double in size at a given growth rate.