arengukiiruse
Arengukiiruse, a term originating from Estonian, translates to "development speed" or "growth rate." It is a broad concept used in various contexts to describe the pace at which a process, system, or entity progresses. In economics, arengukiiruse often refers to the rate of economic growth, typically measured by the increase in Gross Domestic Product (GDP) over a specific period. This metric helps policymakers and analysts understand the economic health and trajectory of a nation or region.
Beyond economics, arengukiiruse can be applied to technological advancement, measuring how quickly new innovations are developed