In cricket, economy rate is a statistical measure that calculates how many runs a bowler concedes for each over bowled. It is the average number of runs conceded per over bowled and is calculated by dividing the number of runs conceded by a bowler by the number of overs bowled. Byes and leg byes are not counted in the bowlers run tally, but extras like wides and no-balls are taken into consideration. The lower the economy rate, the better the bowler is performing. It is one of the key statistics used to compare bowlers, commonly used alongside bowling average and strike rate to judge the overall performance of a bowler. In limited-overs cricket, where teams have a set number of overs to score as many runs as possible, economy rate becomes even more critical. A low economy rate indicates that a bowler is conceding fewer runs, which can help build pressure on the opposition and lead to wickets.