Per Mille — Definition, Formula & Examples
Per mille (‰) is a way of expressing a number as a fraction of one thousand. Just as percent (%) means "per hundred," per mille means "per thousand," so 1‰ equals 0.001.
The per mille symbol ‰ denotes a ratio in which the denominator is 1,000. A value of ‰ is equivalent to , or equivalently .
Key Formula
Where:
- = The number of parts per thousand
How It Works
To use per mille, divide the part by the whole and multiply by 1,000. For example, if 7 out of every 1,000 items are defective, the defect rate is 7‰. To convert per mille to percent, divide by 10: . To convert percent to per mille, multiply by 10: . Per mille is handy when percentages would produce awkward decimals.
Worked Example
Problem: A city's population grew by 15,000 people out of a total population of 5,000,000. Express this growth rate in per mille.
Divide part by whole: Divide the growth by the total population.
Multiply by 1,000: Convert the decimal to per mille.
Answer: The population growth rate is 3‰ (three per mille), which equals 0.3%.
Why It Matters
Per mille appears in finance (interest rates on bonds), demographics (birth and death rates), and engineering (material tolerances). Many European countries use ‰ on tax documents and in statistics where percent values would be inconveniently small decimals.
Common Mistakes
Mistake: Confusing ‰ (per mille) with % (percent) and treating them as the same thing.
Correction: Per mille divides by 1,000, while percent divides by 100. A value of 5‰ is ten times smaller than 5%, since .
