Definition – What is “Economy Rate” in Cricket?
Economy rate is the average number of runs conceded for each over bowled.
A lower economy rate is seen as preferable – it means that the bowler is able to get more batsmen out with fewer balls. The statistic is considered to be more important in shorter games than longer test matches.
Formula – How to calculate economy rate
Economy Rate = Runs Conceded ÷ Overs Bowled
If a bowler bowled 52.5 overs and allowed 526 runs in that time, then:
Economy Rate = 526 ÷ 52.5
Economy Rate = 8.06
Therefore, the bowler’s economy rate is 8.06.