Definition: Quantity relative

Category: SNA 1993

A quantity relative is the ratio of the quantity of a specific product in one period to the quantity of the same product in some other period.

A very similar definition is applied in the Consumer Price Index Manual (2004):

The ratio of the quantity of a product in one period to the quantity of that same product in some other period. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf ILO, IMF, OECD, Eurostat, UNECE, World Bank, Consumer Price Index Manual: Theory and Practice, 2004
Source:
United Nations, "System of National Accounts (SNA) 1993", United Nations, New York, 1993, § 16.15
Created:
Updated: