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per annum

per annum

7 4.2
Each year, often used when talking about money amounts
  • idiom
  • Formal
translation icon : anualmente
  • 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

  • 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.

  • Seven percent losses per annum.

  • 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.

  • Human trafficking trade is estimated at $32 billion per annum.

  • 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

each year
vsper annum
275 1.0

Happens once every year

is the Latin option, more formal and mainly in financial contexts
per year
vsper annum
169 1.0

How often something happens in one year, often for an amount of money

is the Latin wording used in formal or technical writing
annually
vsper annum
125 2.2

Once every year

uses Latin-origin phrase instead of common adverb form
yearly
vsper annum
75 1.0

Happening once every year

is a formal Latin alternative used especially in finance
p.a.
vsper annum
  • Formal
4.1

For each year, often to show how much money is paid or received

is the full Latin phrase rather than an abbreviation

How Often

hourly
57 1.0
by the day
24 2.3
every week
263 1.0
per annum
  • Formal
7 4.2

Surface Forms

per annum positive

Morphology

per + annum

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'.