per annum
- idiom
- Formal
- Most earned between $20,000 and $60,000 per annum, but a large portion earned only $10,000 to $15,000.
- percent per annum
- billion per annum
- million per annum
Examples
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Given that the bank's interest rate is 14 percent per annum, the interest rates the middlemen charge are quite high.
Academic text (2017) -
At current growth rates of 2.5 percent per annum, the population of sub-Saharan Africa is expected to double as soon as 2036.
Academic text (2009) -
10% of your salary per annum.
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Seven percent losses per annum.
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During this period, the economic growth rate declined to an average of 1.6 percent per annum.
Academic text (1994) -
Animal trafficking is estimated at $23 billion per annum.
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Human trafficking trade is estimated at $32 billion per annum.
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Income from cultivation, for example, grew by six percent per annum.
Academic text (1998) -
The $40 billion global market is growing at roughly 10% per annum, according to Starbucks' presentation.
Blog text (13) -
The charity receives generous donations of $100,000 per annum to support its programs.
Synonyms
Happens once every year
How often something happens in one year, often for an amount of money
Happening once every year
For each year, often to show how much money is paid or received
How Often
- Formal
Surface Forms
Morphology
The meaning is directly compositional: 'per' indicates a rate and 'annum' denotes a year, so together they mean 'for each year' (annually). This is a transparent, cross-linguistically common rate construction (equivalent to 'per year'), so a B1 learner who knows both constituents should infer the MWE's meaning.
Etymology
Per annum comes from old Latin words: per meaning 'for each' and annum meaning 'year'. It was used in writing to show money or events 'each year', so today it means 'for each year'.