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Glossary of the 1993 SNA - Definition of Term

TermQuantity index
DefinitionA quantity index is built up from information on quantities such as the number or total weight of goods or the number of services; the quantity index has no meaning from an economic point of view if it involves adding quantities that are not commensurate, although it is often used as a proxy for a volume index.
Paragraphs[16.12.];[16.13.]
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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