<p>It's a proportional rate - 5% p.a. means 5% <em>per annum</em>, i.e. 5% per year</p>

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2016-05-24T10:34:01.493Z
2016-05-24T10:34:01.493Z
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<p>Does anyone know the meaning of the notation x%p.a.?</p>

<p>I'm reading a text on seigniorage, and the authors have used that notation to state the usual empirical limit to the seigniorage revenues just before the inflation rates effects outweigh the money growth effect.</p>

<macroeconomics><microeconomics><financial-economics>
Interpretation of %p.a. notation
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# Interpretation of %p.a. notation

(Asked by: username_0 on 2016-05-24)

Does anyone know the meaning of the notation x%p.a.?

I'm reading a text on seigniorage, and the authors have used that notation to state the usual empirical limit to the seigniorage revenues just before the inflation rates effects outweigh the money growth effect.

**Tags:** macroeconomics, microeconomics, financial-economics

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## 1 answers

### Answer by username_1 on 2016-05-24. Score: 0 | Accepted answer

It's a proportional rate - 5% p.a. means 5% *per annum*, i.e. 5% per year


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